Saudi Arabia's Price Increase Could Indicate Oil Price Floor
There are disparities in climate…
While U.S. and European automakers…
Demand for loans from the…
Peru has been one of the hardest-hit Latin American countries by the COVID-19 pandemic despite being one of the first to impose a strict lockdown to prevent the…
Reading through the nuclear news of the past weeks, the attentive reader might have come across an under-the-radar dispute of Austria and United Kingdom, perhaps one of the…
Energy demand is exploding in Southeast Asia. The region’s electricity demand is the fastest growing in the world, and the Association of Southeast Asian Nations (ASEAN) is struggling…
Oil prices have hit a 5-month low as COVID cases climb, new lockdowns are put in place and reports emerge that OPEC may not maintain its production cut in 2021.
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 221. The total number of active oil and gas rigs increased…
U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders try to consolidate prices after another week and month of losses. The current price action indicates…
1. Shell reports small profit - Royal Dutch Shell (NYSE: RDS.A) reported a small $177…
COVID Market Update • The Texas Oil and Gas Association said this week that the state had managed to add 700 oil and gas exploration jobs in September. This would…
Just in case you have been fortunate enough to have avoided all reference to it up until now, I should point out that there will be an election in America…
As Phase 3 of COVID rages globally, the UAE, Kuwait, and Iraq are uncertain about extending OPEC oil production cuts into 2021, which means that come November, the OPEC deal…
OPEC’s second-largest oil producer, Iraq, will support any unanimous decision that the OPEC+ group makes regarding the alliance’s future oil production policy, Iraqi Oil Minister Ihsan Abdul Jabbar Ismaael
Crude oil collapsed earlier this week after France and Germany announced new lockdowns in response to surging Covid-19 cases, and now it is set for its worst month since late…
Oil prices will continue to trade in a narrow range for the rest of the year, and the average Brent price next year will not exceed $50 a barrel, the…
Thirty-five percent: this is the size of the spending cuts oil and gas companies are likely to have made this year in response to the effects that the…
For almost a decade the Andean country of Colombia has been battling to significantly boost its low proven petroleum reserves and lengthen the production life of its economically…
Since the very beginning of the novel coronavirus pandemic, it was clear that coronavirus would have a severe and lasting impact on the energy industry. At first, as…
At a time when oil prices remain stuck in limbo, Tesla Inc. (NASDAQ:TSLA) has continued to defy bearish expectations that low oil prices would put a…
The Chinese economy has been the single largest contributor to global growth over the past several decades. Fossil fuel producers around the world closely watch Beijing, as the…
Mexico is sitting on top of the sixth biggest collective shale reserve in the entire world. At an estimated total of 545 trillion cubic feet
Canada’s largest oil companies continue to post quarterly losses this year as low crude oil prices and low refining margins hit earnings. On Wednesday Suncor Energy reported its…