• 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
  • 18 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours They pay YOU to TAKE Natural Gas
  • 4 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 8 days e-truck insanity
  • 6 days An interesting statistic about bitumens?
  • 10 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

Energy

Is The Oil Rally Nearing Its End?

Jun 18, 2021 at 10:08 | Tom Kool

After a momentous rally this year, it looks like oil prices are finally coming under pressure - with the threat of inflation dampening oil market optimism.

OPEC Doesn’t Expect More U.S. Shale Oil Production

Jun 18, 2021 at 09:49 | Tsvetana Paraskova

Despite $70 oil, U.S. shale producers are not expected to significantly raise crude production this year as they continue to be focused on disciplined capital expenditures and returning more cash…

Gulf Of Mexico Drillers Evacuate Platforms As Tropical Storm Nears

Jun 18, 2021 at 08:57 | Irina Slav

Oil companies operating in the Gulf Coast have started evacuating employees from platforms there ahead of a tropical storm that is brewing in the Gulf. "A tropical or subtropical depression…

It’s Too Late To Avoid A Major Oil Supply Crisis

Jun 17, 2021 at 16:59 | David Messler

There are a number of observable trends in oil supplies and by extension prices, presently. I am going to discuss one of them in this article. A lack…

The Renewable Boom Has Barely Impacted Oil & Gas

Jun 17, 2021 at 16:47 | Tsvetana Paraskova

A decade ago, fossil fuels accounted for just over 80 percent of final energy consumption in the world. During the last ten years, renewable energy has boomed, and…

Russian Drillers Rejoice As Oil Continues To Rally

Jun 17, 2021 at 16:36 | Vanand Meliksetian

Russia’s oil and gas industry has been the driving force behind its economy ever since the first oil fields were discovered in Tsarist Russia at the end of the 19th…

Oil Prices Fall As The Fed Changes Its Tune

Jun 17, 2021 at 15:58 | Julianne Geiger

Oil prices sank on Thursday as the Fed’s hawkish comments sent the dollar higher. Crude oil is down more than 1% on Thursday afternoon, with WTI falling 1.32% at $71.20…

Big Oil Used Instagram And Gen Z Lost It

Jun 17, 2021 at 15:00 | Irina Slav

To say that Big Oil has had some reputation management problems would be the understatement of the decade. Pressure from environmentalist organizations, regulators—and most recently, investors—has combined to…

Musk: Tesla May Accept Bitcoin As Payment If Crypto Goes Green

Jun 17, 2021 at 13:50 | Haley Zaremba

Elon Musk has long been Bitcoin’s most high-profile advocate. His avid support for the crypto-currency has gone a long way toward shifting public perception in favor of Bitcoin…

Can Ecuador’s Oil Industry Finally Begin To Recover?

Jun 17, 2021 at 12:59 | Matthew Smith

Former banker Guillermo Lasso’s surprise victory over favored candidate leftist Andres Arauz in Ecuador’s presidential election last month established a more optimistic outlook…

Oilfield Services Receive A Major Boost As Oil Prices Rally

Jun 17, 2021 at 12:02 | Irina Slav

The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices, Reuters has reported, citing data from the industry. “We…

Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal

Jun 17, 2021 at 11:04 | Charles Kennedy

The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday, Vladimir Putin’s Press Secretary Dmitry Peskov…

OPEC Secretary Urges Member Countries To Continue Oil Investments

Jun 17, 2021 at 09:53 | Tsvetana Paraskova

The energy transition should not crowd out any source of energy as all energy sources of today will be required for the foreseeable future, OPEC Secretary General Mohammad Barkindo said.…

Oil Stocks Are The Cheapest Equities On The Market

Jun 17, 2021 at 08:58 | Tsvetana Paraskova

Billionaire David Tepper, who runs hedge fund Appaloosa Management, added this week another voice to the growing chorus of analysts and investors who are bullish on oil and oil stocks.…

The Best Oil Stocks As Prices Rebound

Jun 16, 2021 at 16:09 | Alex Kimani

Oil prices rallied to their highest levels two and a half years after OPEC+ recently agreed to extend its historic production cuts. On…

Bankruptcy: A Cheap Way Out Of Trouble For Oil Companies

Jun 16, 2021 at 16:03 | Alex Kimani

Back in 2013, the world’s largest private-sector coal company, Peabody Energy (NYSE:BTU), pulled off a new trick from the ever-growing trove of corporate subterfuge. Peabody created…

Energy Transition Fad Will Send Oil Sky High

Jun 16, 2021 at 13:50 | Irina Slav

Ironically, the wave of ESG investing in global energy markets may lead to much higher oil prices as a serious lack of capital expenditure on new fossil fuels…

High Oil Prices Set Supermajors Up For A Promising Earnings Season

Jun 16, 2021 at 13:25 | Tsvetana Paraskova

The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the…

Carbon Trade Could Be 10 Times Bigger Than Global Crude Oil Market

Jun 16, 2021 at 13:19 | Tsvetana Paraskova

The growing market for paying for carbon emissions could become a larger market than the one for crude oil, according to the head of carbon trading at Trafigura, one of…

Can Fracking Save Colombia?

Jun 16, 2021 at 12:47 | Gerald Jansen

Colombia remains one of most likely candidates to stop producing oil. Not because of environmental concerns or renewables energy taking over, the reason is much more prosaic – it would…

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