• 4 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 6 hours Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 1 hour Something wicked this way comes
  • 6 hours A sneak peak into the US election
  • 2 hours America's Frontline Doctors - Safely Start Living Again!
  • 11 hours France Sees 10.6% EV Market Share In September — 4× Growth Year On Year
  • 1 day covid. stop the carriers and thus stop the virus.
  • 1 day "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 days Is the coal industry on the way out?
  • 2 days GPOR - Gulfport Oil - Why?
  • 12 hours California’s Electric Vehicle Dream Has A Major Problem: No
  • 13 hours Tesla Model 3 Is September's Top Selling Car of All Vehicles in Switzerland
  • 2 days Tucker Carlson responds to CDC after agency critiques commentary about mask-wearing
  • 20 hours Vote Biden for Higher Oil Prices
  • 21 hours Permian in for Prosperous and Bright Future
  • 1 day Ethanol present in gasoline
Brent Oil Unlikely To Rise Above $43 Until After U.S. Election

Brent Oil Unlikely To Rise Above $43 Until After U.S. Election

The international oil benchmark Brent…

Could Big Oil’s Shift To Renewables Be Good For Prices?

Could Big Oil’s Shift To Renewables Be Good For Prices?

Big oil’s shift toward renewable…

Energy / Oil Prices

WTI Rallies 24% In Panic Stricken Markets

Mar 19, 2020 at 12:45 | Julianne Geiger

Oil prices may still be trading down by double digits from the start of the year, but WTI rallied on Thursday for what is probably its best day ever, increasing…

Coronavirus Could Derail The Electric Vehicle Revolution

Mar 18, 2020 at 16:39 | Tsvetana Paraskova

In just one month, the coronavirus outbreak blew out to a full-on pandemic, threatening to tip the global economy into recession and affecting every country, industry, and supply chain.  …

Oil Crashes To 18-Year Lows As Inventories Build

Mar 18, 2020 at 10:03 | Irina Slav

Crude oil prices fell further today, with WTI prices falling to 18-year lows, after the Energy Information Administration’s latest weekly inventory report that estimated a 2-million-barrel build for the…

Oil Demand To Plunge By 10 Million Barrels Per Day

Mar 16, 2020 at 18:00 | Nick Cunningham

As major economies go into lockdown, oil demand continues to fall off a cliff. On Monday, WTI fell into the $20s. “The additional quarantine measures imposed in France, Spain…

Saudi Aramco Is ‘’Very Comfortable’’ With $30 Oil

Mar 16, 2020 at 16:45 | Julianne Geiger

Saudi Arabia will continue to pump oil at increased levels through May, Saudi Aramco Chief Executive Amin Nasser said on Monday during an earnings call, according to Reuters. Nasser added…

Is The Oil Price Crash Good For Renewable Energy?

Mar 16, 2020 at 14:00 | Josh Owens

With Saudi Arabia and Russia pumping flooding the market with oil as coronavirus threatens demand, oil prices have crashed below the $30 mark. It is a price crash that could…

Oil Falls Into $20 Range As The Fed Cuts Interest Rates To Zero

Mar 15, 2020 at 22:54 | Michael Kern

The Federal Reserve took yet another bold action on Sunday evening, announcing that the central bank would be slashing interest rates to zero percent. But the markets weren't impressed, with…

Yergin: No End In Sight For The Oil Price Crisis

Mar 13, 2020 at 09:02 | Irina Slav

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told media, as quoted by Reuters.…

Oil Crashes Again On U.S. Travel Ban

Mar 12, 2020 at 09:00 | Irina Slav

After a brief respite following reports of central bank economic stimuli in the United States and the UK, crude oil slumped once again after on Wednesday, President Donald Trump instituted…

U.S. Shale Collapse Will Lead To Higher Oil Prices

Mar 10, 2020 at 19:01 | Nick Cunningham

U.S. shale growth is about to decline, becoming an immediate victim of the Saudi-Russian price war. Saudi Aramco said that it would increase oil production to 12.3 million barrels per…

Oil Rebounds 9% After Historic Loss

Mar 10, 2020 at 10:59 | Tsvetana Paraskova

Hopes of economic stimulus amid the coronavirus outbreak helped oil prices to rebound on Tuesday and rise by 9 percent, recouping some of the massive losses from Monday, when prices…

Trump Prepares Aid Package To Relieve U.S. Oil Producers

Mar 09, 2020 at 18:37 | Julianne Geiger

The Trump Administration will review solutions to the pain felt by US oil producers as oil prices fall to multi-year lows on Monday, according to Bloomberg. Administration officials will…

Goldman Sachs: Brent Oil Could Drop To $45 In April

Mar 04, 2020 at 10:54 | Tsvetana Paraskova

In the second downward revision of its oil price outlook in just one month, Goldman Sachs slashed again its estimates for 2020, noting that even deeper OPEC+ cuts and…

Oil Prices Rise As Market Expects Large OPEC+ Cut

Mar 04, 2020 at 09:03 | Tsvetana Paraskova

Oil prices rose early on Wednesday as OPEC’s leader and top producer Saudi Arabia is looking to convince its key ally in the OPEC+ deal, Russia, to back a large…

Here’s Why Oil Prices Should Go Higher

Mar 03, 2020 at 17:03 | Arthur Berman

On February 11, I predicted that Coronavirus would crush oil prices. Prices collapsed on February 20. Today, prices have reversed and WTI price is $2.00 higher on expectations of an OPEC+…

Oil Prices Climb As Traders Expect Action From OPEC

Mar 03, 2020 at 08:36 | Julianne Geiger

The oil markets are expecting yet again that OPEC will be the hero of oil prices, and this optimism has sent oil prices up 4% on Monday afternoon, and up…

Putin Hints Russia May Participate In Newest Round Of OPEC Cuts

Mar 02, 2020 at 09:27 | Irina Slav

Russia’s President Vladimir Putin has hinted that Russia may once again join OPEC in its efforts to stimulate oil prices even though Russia itself has no problem with current price…

Oil Price Forecasts Take A Turn For The Worst

Feb 27, 2020 at 10:07 | Rystad Energy

As China’s coronavirus epidemic continues to expand and more countries are affected, the slowdown in global oil and gas consumption this year will hit suppliers who will…

Oil Is Now More Volatile Than Bitcoin

Feb 25, 2020 at 16:48 | Alex Kimani

You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world’s most volatile commodities: bitcoin.   Bitcoin and most cryptocurrencies…

Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix

Feb 25, 2020 at 11:50 | Liubov Georges

The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the destruction in…

Oilprice - The No. 1 Source for Oil & Energy News