The U.S. House of Representatives…
Asian refiners are reducing their…
Citi has forecast that oil…
Whilst much of the Caspian is struggling to come out of COVID-induced hibernation, Azerbaijan and Turkmenistan settling one of the region’s longest-standing maritime disputes has finally brought a…
President Biden’s decision to ax the controversial Keystone XL pipeline, which had been approved by his predecessor, is a tremendous blow for Canada’s…
It’s hard to believe, but electricity stocks used to be revered by investors the way FANGMAN stocks are today. To be more precise, they were bid up to…
As dozens of countries across the globe focus on reducing emissions and improving environmental practices, recent studies show that abandoned oil and gas wells could be having a…
New vaccines from both Johnson & Johnson and Novavax have added to bullish sentiment in oil markets as hopes of a return to normal grow.
OPEC’s crude oil production has increased by 160,000 barrels per day (bpd) in January as the OPEC+ alliance is easing the output cuts in the first month of 2021, the…
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 6 to 384. The oil and gas rig count has risen…
The oil industry is finally recovering from COVID, with prices over $50 - and have been climbing. But it probably won’t be the barely profitable U.S. shale patch that will…
Oil prices rose by more than 1 percent early on Friday, supported by expectations of a tightening market ahead and a weaker U.S. dollar. As of 10:02 a.m. ET on…
It’s the oddest of odd couples, yet understandable. According to a Reuters exclusive, the U.S. oil industry is teaming up with the U.S. corn industry to defeat a common…
An oil company producing the equivalent of 70 barrels of oil daily surged in value almost 1,000 percent to $128 million thanks to a surge in trading activity coming from…
Saudi Aramco, the world’s largest oil company, is about to make headlines again. In a surprise statement by Saudi Crown Prince Mohammed bin Salman during an interview at…
Rising oil benchmarks and rebounding share prices: two things Big Oil majors had all but forgotten last year. Yet helped by OPEC+ and Big Pharma, the world’s largest oil companies…
Natural gas demand in the world saw its largest drop on record last year as COVID-19 reduced economic activity and upended all previous forecasts for continuous growth in global gas…
Facing a budget deficit this year alone that may reach 18 per cent of GDP, according to S&P Global Ratings, and budget deficits averaging at least 15 per cent per…
Argentina’s national state oil company YPF just cannot function in a stable and foreseeable manner, an apprehension that was rekindled by Guillermo Nielsen stepping down from his post of company…
Expanding refining capacity in the world’s largest oil importer, China, continues to support the global oil market and demand, even at times when demand elsewhere is tepid, participants said at…
Reddit investors have discovered silver, with everything from silver miners, silver ETFs and the…
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secretary-general of the cartel said. “I…
Saudi Arabia’s oil giant Aramco, the world’s largest oil company by production and market capitalization, plans more share offerings to the public in coming years, Saudi Crown Prince Mohammed bin…