• 3 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 6 minutes Forecasts for Natural Gas
  • 14 minutes NordStream2
  • 45 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 mins Communist China Declared War on the US Long Ago Part 1 of the 2-part series: The CCP's War on America
  • 3 hours China's aggression is changing the nature of sovereignty.
  • 2 hours Delta variant in European Union
  • 2 days Ukrainian Maidan after 8 years
  • 9 hours President Biden’s Nuclear Option Against OPEC+ - Waste of Time
  • 3 days OPEC+ Expects Large Oil Glut In Early 2022
  • 3 days Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 1 day Сryptocurrency predictions
  • 3 days CO2 Electrolysis to CO (Carbon Monoxide) and then to Graphite
  • 3 days Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
Tom Kool

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

More Info

Premium Content

Saudi Arabia Vows To Prevent Oil Crash

Investor Deadline: The deadline for signing up to Global Energy Alert at a discount is looming. This is the service that EVERY energy investor and expert needs - a fact that we are so confident of that we are offering a month-long free trial. Sign up today with ZERO RISK and make your own mind up. We guarantee you won't find a better value energy service out there.

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

- In 2018, U.S. coal production fell to 756 million short tonnes, the second-lowest total since 1978 and down from a peak of 1,172 million short tonnes in 2008.

- Production and consumption have fallen in tandem. Consumption dropped to just 687 million short tonnes last year, a four-decade low.

- The vast majority of coal consumed is used for electricity generation. The ongoing shuttering of coal-fired power plants likely ensures steady declines for both production and consumption of coal for years to come.

Market Movers

• Cabot Oil & Gas (NYSE: COG) plunged by 5 percent on Monday, dropping to a four-month low. Other natural gas producers also fell sharply. Natural gas prices have fallen to three-year lows as a result of rising supply.

• Devon Energy (NYSE: DVN) announced a voluntary methane reduction target, aiming to lower emissions by 12.5 percent from current levels…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News