• 6 minutes WTI @ 67.50, charts show $62.50 next
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Why hydrogen economics is does not work
  • 7 hours Starvation, horror in Venezuela
  • 2 hours The EU Loses The Principles On Which It Was Built
  • 9 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 5 hours Crude Price going to $62.50
  • 14 hours Anyone Worried About the Lira Dragging EVERYTHING Else Down?
  • 7 hours Chinese EV Startup Nio Files for $1.8 billion IPO
  • 18 hours Oil prices---Tug of War: Sanctions vs. Trade War
  • 7 hours WSJ *still* refuses to acknowledge U.S. Shale Oil industry's horrible economics and debts
  • 19 hours Correlation does not equal causation, but they do tend to tango on occasion
  • 1 day WTI @ 69.33 headed for $70s - $80s end of August
  • 18 hours Russia retaliate: Our Response to U.S. Sanctions Will Be Precise And Painful
  • 20 hours Monsanto hit by $289 Million for cancerous weedkiller
  • 1 day California Solar Mandate Based on False Facts

Energy

Oil Prices Take A Breather As Supply Jumps

Oil Prices Take A Breather As Supply Jumps

Aug 10, 2018 at 13:07 | Tom Kool

More supply from Russia and Saudi Arabia has weighed on oil prices this week, but with oil sanctions on Iran looming, markets remain bullish.…

U.S. Drillers Add Double Digit Oil, Gas Rigs

U.S. Drillers Add Double Digit Oil, Gas Rigs

Aug 10, 2018 at 12:21 | Julianne Geiger

Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 13 rigs, according…

Analysts: SPR Release Won’t Lower Gasoline Prices

Analysts: SPR Release Won’t Lower Gasoline Prices

Aug 10, 2018 at 10:58 | Tsvetana Paraskova

Even if the U.S. Administration decides to release crude oil from the Strategic Petroleum Reserve (SPR), American drivers are unlikely to see gasoline prices coming down, because U.S. refiners already…

Goldman: Trade War Won't Crash Oil Prices

Goldman: Trade War Won't Crash Oil Prices

Aug 10, 2018 at 09:11 | Irina Slav

In spite of the ongoing—and worsening—trade spat between the United States and China, Goldman Sachs has maintained its price forecast for West Texas Intermediate at US$70 for this year, CNBC…

Canadian Oil Crisis Continues As Prices Plunge

Canadian Oil Crisis Continues As Prices Plunge

Aug 09, 2018 at 17:29 | Nick Cunningham

Canadian oil producers are once again suffering from a steep discount for their oil, causing the largest spread between Canadian oil and WTI in years. Western Canada Select (WCS) recently…

Wall Street’s First: Goldman Sachs Looks To Venture Into LNG

Wall Street’s First: Goldman Sachs Looks To Venture Into LNG

Aug 09, 2018 at 17:10 | Tsvetana Paraskova

Goldman Sachs, the leading commodities trader among Wall Street’s largest investment banks, is looking to reverse the fortunes of its commodities trading business that posted its worst performance on record…

Is This The Next Natural Gas Giant?

Is This The Next Natural Gas Giant?

Aug 09, 2018 at 14:36 | Irina Slav

Shell’s presence in Nigeria has been controversial, what with lawsuits for the pollution of the Niger Delta, chronic pipeline vandalism and, in recent years, militant attacks on oil-producing infrastructure. But…

A Major Setback Looms For Colorado Shale

A Major Setback Looms For Colorado Shale

Aug 09, 2018 at 14:07 | Nick Cunningham

An initiative to expand the setback distance required for oil and gas drilling in Colorado just received a boost, potentially making the November ballot. The stricter drilling requirements could have…

Saudi Energy Minister: Canada Row Won’t Affect Oil Exports

Saudi Energy Minister: Canada Row Won’t Affect Oil Exports

Aug 09, 2018 at 11:55 | Irina Slav

An ongoing diplomatic row between Saudi Arabia and Canada will not affect crude oil exports from the Kingdom, Energy Minister Khalid al-Falih said, adding that Riyadh’s policy has always been…

Shockwave In Shipping Could Send Brent Soaring

Shockwave In Shipping Could Send Brent Soaring

Aug 09, 2018 at 10:52 | Justin Ziebart

January 1, 2020 is just seventeen months away when the International Maritime Organization (IMO) will no longer permit use of heavy sulphur marine fuels without treatment of sulphur oxide emissions…

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