Asking developong nations to stop…
The total number of active…
Saudi Arabia’s oil giant, in…
After the API yesterday reported a 3.65-million-barrel increase in crude oil inventories and WTI remained relatively stable, the EIA has thrown in an official build/decline in inventories sure to…
America’s energy scene has been in massive flux since the “shale miracle” broke in 2010. And these past weeks, the U.S. oil and gas industry set a milestone. Doing something…
President-elect Donald Trump jeopardizes the global economy through his promises to block Middle East oil imports for the purpose of creating an energy independent United States, according to petrostate…
Oil prices plunged to three-month lows on Monday on market speculation that OPEC would not be able to follow through on its pledge to cut production at its Nov. 30…
The nearer the OPEC November 30 deadline draws, the more critical its decision gets. In fact, it may well be a case of life or death for the once-reigning oil…
Saudi Arabia’s Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak are said to be heading to Qatar later this week for an unscheduled meeting, according to industry sources…
The “war” on coal is, to us, about as real as the "war" on Christmas. It’s an artifact of political speech which, by its nature, does little to discourage exaggeration.…
Oil prices rallied 6 percent on Tuesday after hitting a 3-month low on Monday. (Click to enlarge)
After a strong sell-off in recent days, option expiry combines with OPEC cut expectations to emphatically rally prices on this third Tuesday in November. Hark, here are five things to…
In its latest monthly oil production update, OPEC reported that its crude oil output increased by another 240,000 barrels a day in October to 33.64 million…
An anonymous OPEC delegate has just laid out the four fundamental must-haves for sealing the OPEC deal—revealing that the path that lies ahead for the OPEC deal is even harder…
It's been a wild year for India's gold importers. With the government moving on a variety of initiatives to reduce shipments into the country -- resulting in a 59% fall…
Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now that the election is over,…
President of Iran, Hassan Rouhani, was poised to announce on Sunday that the nation has increased oil production by 250,000 barrels per day. This was accomplished through the creation…
The day after the November 8th U.S. presidential election, the stock prices for electric car maker Tesla plunged 5 percent. Solar and wind stocks also fell, while the share prices…
With OPEC’s 2016 World Oil Outlook now grimly forecasting that peak oil demand could become a reality in just over a decade, and natural gas and renewables chomping at…
Uncertainty over oil prices is hurting Chinese oil production Daily oil production in China – the world’s second-largest crude consumer after the United States – fell to a seven-year low…
It’s starting to look like people may go to Mars in our lifetimes. Credit is due to Elon Musk for bringing the concept to the forefront of public discussion, but…
As the U.S. dollar pushes on to the highest level in a year, crude is correspondingly getting crushed today. While some may suspect the oil sell-off is due to a…
Three new oilfields in Iran were put in production mode this weekend at an official ceremony, adding more than 220,000 bpd to the country’s total output. The fields are…