• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 days How Far Have We Really Gotten With Alternative Energy
An Apparently Unstoppable Oil Price Rally

An Apparently Unstoppable Oil Price Rally

There appears to be no…

U.S. Gasoline Prices Rise On Refinery Outages

U.S. Gasoline Prices Rise On Refinery Outages

Retail gasoline prices in the…

Anticipating A Rise In Natural Gas

Anticipating A Rise In Natural Gas

While the nature of Cheniere’s…


Oil, Gas Drilling Slows To 19-Month Low In U.S.

Sep 22, 2023 at 12:15 | Julianne Geiger

The total number of active drilling rigs in the United States fell by 11 this week, after seeing a brief 9-rig rise last week, according to new data from Baker…

How The Transition Push Contributed To Higher Oil Prices

Sep 22, 2023 at 11:35 | Irina Slav

Earlier this week, Morgan Stanley said in a note that all signals for crude all were "flashing tightness". The investment bank joined a growing number of forecasters expecting Brent crude…

Gas Production From Giant Groningen Field To Halt Completely On October 1

Sep 22, 2023 at 09:54 | Julianne Geiger

The giant Groningen gas field will close completely on October 1, 2023, the Council of Ministers meeting determined on Friday, sealing the fate of the field for good after a…

World's Fourth Biggest Iron Ore Producer Stops Buying Carbon Offsets

Sep 22, 2023 at 08:49 | ZeroHedge

About three weeks after Shell, Europe's largest oil company, quietly shelved the world's largest corporate plan to develop carbon offsets, the world's number four iron ore producer, Fortescue…

Space-Based Solar Power Could Become A Reality

Sep 22, 2023 at 08:46 | Felicity Bradstock

There’s been story after story about the potential for space-based solar power this year, as the ambitious energy plan gains the backing of prominent figures, tech companies and academic institutions.…

Game-Changing Titanium Dioxide Electrode Transforms CO2 To Clean Fuel

Sep 22, 2023 at 08:44 | Brian Westenhaus

Tokyo University of Science researchers have developed novel in-liquid plasma-treated titanium dioxide electrode decorated with silver nanoparticles to facilitate enhanced conversion of carbon dioxide to useful products,…

Goldman Sachs Predicts $100 Oil As Renewable Transition Falters

Sep 22, 2023 at 08:40 | Irina Slav

This week, Goldman Sachs raised its oil price target to $100 again. The bank cited lower OPEC output combined with higher demand, which taken together, "

Greenwashing Backlash Sparks ESG Exodus

Sep 22, 2023 at 08:37 | ZeroHedge

For years, green and socially responsible investments, aka ESG (Environmental, Social, and Governance), have dominated the investing world. However, according to Bloomberg,…

A Potentially Bearish Signal For Oil Markets

Sep 22, 2023 at 08:35 | Editorial Dept

In an unexpected twist, given the plethora of bullish fundamentals, crude oil prices are on course for a decline this week due to profit-taking and renewed economic concerns sparked by…

The Shipping Fuel Of The Future

Sep 22, 2023 at 08:30 | Editorial Dept

1. Cushing Premia Soar as Rock-Solid Demand and Low Stocks Put Pressure on WTI- The…

Michael Bloomberg Pledges Another $500 Million To “Finish The Job On Coal”

Sep 22, 2023 at 08:28 | Tsvetana Paraskova

Michael Bloomberg is doubling down on his climate ambition to “finish the job on coal” and shut down all remaining coal-fired power plants in the United States by 2030.  As…

The U.S. Navy Is Reviving A Top Secret Surveillance Network

Sep 22, 2023 at 08:28 | Editorial Dept

Politics, Geopolitics & Conflict Poland’s state-run refiner is using strategic reserves to artificially keep diesel prices low. It’s selling diesel that it has imported at prices below what it paid,…

Egypt Eyes Energy Revival With Zohr Gas Field Expansion

Sep 22, 2023 at 08:24 | Felicity Bradstock

After uncertainty earlier in the year, as Egypt came to rely heavily on Israel for its gas imports, the North African state finally seems to be getting its oil and…

Nuclear Diplomacy In The Middle East

Sep 22, 2023 at 08:24 | Editorial Dept

Washington’s push to shift the balance of relations in the Middle East, which hinges on the normalization of relations with Israel, continues to gain serious momentum, most recently…

Libya's Oil And Gas Rebound At Risk After Historic Storm

Sep 22, 2023 at 08:12 | Felicity Bradstock

Oil-rich Libya has been fighting to get its oil industry back on track over the last decade, since the Arab Spring and subsequent political instability. Following the failed presidential elections…

Russia's Fuel Export Ban Pushes Oil Prices Higher

Sep 22, 2023 at 07:49 | Michael Kern

Russia's recent decision to restrict its diesel and gasoline exports has pushed oil prices higher, countering economic concerns sparked by the Fed's recent reiteration of its “higher for longer” interest rate policy.

Oil Prices Set For A Weekly Loss As Higher-For-Longer Rates Trump Tight Market

Sep 22, 2023 at 04:38 | Tsvetana Paraskova

Oil prices were on track to post a small weekly loss early on Friday after the Fed signaled this week that interest rates could remain higher for longer,…

Why Oil Stocks Are Lagging Behind Soaring Crude Oil Prices

Sep 21, 2023 at 16:45 | Alex Kimani

Over the past couple of months oil markets have been on fire, with oil prices gaining 30% since June after Saudi Arabia and Russia announced they would extend their production…

Standard Chartered Sees Lower Oil Inventory Draw In Q4

Sep 21, 2023 at 14:27 | Alex Kimani

The oil price rally continues to display strong momentum as tightness in the physical markets shows no sign of easing. The past seven trading days have all seen new year-to-date-highs…

The Real Reason For Saudi Arabia’s Oil Production Cuts

Sep 21, 2023 at 09:51 | Irina Slav

"It's not about . . . jacking up prices, it's about making the decisions that are right when we have the data," Saudi energy minister Abdulaziz bin Salman said this week, commenting on the…

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