Canada's eviction of Chinese investors…
Wood Mackenzie has said that…
With Brazilian oil demand set to continue, Petrobras is making big plans for oil and gas as well as testing the water with greener fuels, although it is…
Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market. At 11:32 a.m. EDT,
U.S. oil demand and inventories have offered support to oil prices in recent months and, volatility excluded, have continued to do so, with stocks below the five-year average…
Oil prices fell early on Friday and were on track for a weekly loss as the fast-spreading Omicron COVID variant increased concerns about a potential hit to oil demand, while…
Goldman Sachs has forecast crude oil prices could hit $100 in 2023 as demand growth outpaces supply growth. "There's insufficient supply in the face of strong demand," said Damien…
The energy transition and the shift toward renewable energy have to be managed very carefully in order to prevent a surge in oil prices as energy demand continues to rise,…
Oil prices have continued on to recover from last month’s steep dive amid easing concerns over the Omicron variant. Both major benchmarks are on course for…
Following one of the biggest daily collapses in the past two decades at the end of November, oil prices have rebounded in recent days in a mini relief rally and…
U.S. shale producers have been disappointed with the Biden Administration’s policies regarding the oil and gas industry for nearly a year now, and they voiced their disappointment, once…
After half a decade of U.S. oil drillers underinvesting in projects and returning money to shareholders, it could take years to resume pre-pandemic production levels that could further roil oil…
The news of another coronavirus variant that prompted some countries to close their borders frightened traders who exited their bullish positions on the commodity in droves a week…
Oil prices rose early on Tuesday for the second day in a row, as traders are cautiously optimistic that the new Omicron COVID variant would not lead to massive lockdowns…
Crude oil has recorded six consecutive weeks of losses amid news of lockdown plans in Europe, the SPR reserve release announcement by the White House, and most recently, the emergence…
Oil prices rose by 3% early on Friday, extending gains from late Thursday, after the OPEC+ alliance said it could immediately revisit the planned 400,000 bpd increase for January if…
Crude oil prices are plunging under the weight of the latest coronavirus variant news and a speculator-driven selloff. But this time, U.S. shale drillers seem to be quite…
Deutsche Bank expects crude oil prices to drop considerably next year, dipping below $60 per barrel in New York, the bank said in a note. "It would be misguided to…
Low investment in oil while the world still runs mostly on fossil fuels could send oil prices to $150 per barrel when and if the world fully reopens, Chris Wood,…
One day—that was all it took oil prices to plunge by more than a tenth after health authorities announced the identification of the latest potentially dangerous coronavirus variant…
Oil prices are cheap compared to record highs of other assets including stocks and other commodities, JPMorgan Chase says. Brent Crude was trading at around $81.50 on Tuesday afternoon, and…
Oil prices erased losses and jumped on Tuesday morning following the announcement from the U.S. Administration that it would make available 50 million barrels of oil from the Strategic Petroleum…