Researchers have created a new…
With the EU’s failure to…
Oman’s string of deals with…
In late January Chevron announced fourth quarter and full year 2022 results. Chevron earned a record $36.5 billion profit in 2022, more than doubling 2021 earnings. In addition, Chevron increased…
The OPEC+ group deserves to be given credit for the way it has handled oil market stability in recent months, OPEC Secretary General Haitham told Reuters on Monday. “Due…
The total number of total active drilling rigs in the United States fell 12 this week, according to new data from Baker Hughes published on Friday. The total rig count…
Europe has raised its imports of fuels from the Middle East and the United States in preparation for the EU ban on seaborne imports of Russian refined petroleum…
The prolonged political instability in Bulgaria will continue to impact critical energy security decisions and maintain the country’s status as Russia’s best client in Europe. Bulgaria, currently the…
Well, it’s big in Japan…That is what proponents of California’s high-speed rail project say when asked about the whys and…
Last year, against all odds, Russia managed to grow its oil output despite being hit with tough sanctions, a plethora of oilfield service companies exiting the country as…
Europe is nearing the end of winter with record-high levels of natural gas in storage—news that has been appropriately celebrated in the media. Yet declarations that the crisis…
Oil is on course for a second straight week of losses, with investors hoping for clearer signs of recovering fuel demand in China to offset an economic slump…
Oil prices are under pressure from a slew of bearish news coming out of the United States this week, but the looming EU embargo on Russian oil products could still…
U.S. West Texas Intermediate crude oil futures dipped on Thursday, putting the March futures contract in a position to finish lower for the week. Weaker-than-expected economic data and a rebound…
1. US Oil Majors Pull Ahead of Their European Peers- As European oil…
Politics, Geopolitics & Conflict The above-mentioned attack on Iran’s Isfahan ministry of defense facility earlier this week was conducted using drone parts that Tehran claims were smuggled into Iran via…
These days, I spend quite a lot of time teaching people about markets and trading and mentoring them as they start to invest their own money. Everyone is different in…
Much attention is now duly focused on the Middle East (again), with what is widely believed to be an Israeli attack on an Iranian armaments facility–the level of…
After rallying at the start of the week, oil prices have offset their gains and are about to end the week with another loss as U.S. inventory data and rising…
Last year, the U.S. energy sector emerged as the class valedictorian after it finished strongly in the green, the only of the country’s 11 market sectors to pull…
As the EU contends with the lack of Russian crude oil as a result of its restrictions on crude oil imports and the G7's price ceiling on Russian crude oil, the amount of U.S.…
This article is intended to provide an update on one of the key trends I highlighted in my last OilPrice article on shale…
Venezuela is making the most of the global oil shortage, in the wake of the Russian invasion of Ukraine, as the U.S. was forced to make certain concessions…
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