• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 47 mins So Is COVID a Media Hoax or Not?
  • 7 mins Joe Biden's Presidency
  • 6 hours Biden suspends oil and gas drilling on Federal Lands for 60 days for review.
  • 12 hours JACK MA versus Xi Jinping
  • 7 hours a In 2020, we produced and delivered half a million cars.
  • 18 hours GENERAL NORMAN SCHWARZKOPF: The Third Tour
  • 9 hours Parler’s New Partner Has Ties to the Russian Government
  • 16 hours Thanks to food countersanctiona after 2014 Russia become net exporter of food
  • 20 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 11 hours The Debate Starts : Remake Republican Party vs. Third Party
  • 7 hours Did I Miss Something?
  • 137 days Wind, Solar & Gas in California. How's that working out for you?
  • 1 day Navalny Poisoning Weakens Russo German Relations

Energy

Saudi Arabia Starts New Bull Run In Middle East Oil

Jan 13, 2021 at 16:53 | Viktor Katona

Market tightness is the new byword on the global crude markets, though this given bout of supply scarcity (luckily) bears all the traits of a forethought and premeditated…

Sponsored Article

The Most Important Oil Find Of The Next Decade Could Be Here

Jan 13, 2021 at 16:10 | Timothy Mole

A potential high upside opportunity in the oil and gas sector is unfolding that offers one of the most attractive risk/reward profiles this industry has seen in quite a while.…

Europe’s Largest Oil Producer Bets Big On Deep-Sea Mining

Jan 13, 2021 at 15:00 | Felicity Bradstock

In a shift away from fossil fuels, Norway is planning to deep dive for metals as part of its plan for a greener future.  Having gained…

Goldman Finds Unexpected Source Of Demand For 1 Million Bpd Of Oil

Jan 13, 2021 at 13:55 | ZeroHedge

Having recently turned even more bullish on the oil market, bringing forward up its year-end $65 Brent price target to the summer on Monday, overnight Goldman's commodity team turned even more…

LNG Price Boom Obliterates Rally In Bitcoin

Jan 13, 2021 at 13:01 | Charles Kennedy

Spot prices of liquefied natural gas (LNG) in Asia have staged an impressive rally over the past two months and have now soared 18 times from April 2020 lows—and the…

World’s Top Oil Trader: Airline Travel Won’t Recover Until Late 2021

Jan 13, 2021 at 11:42 | Tsvetana Paraskova

Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass…

Saudis Prop Up Oil Prices, Cut Shipments To Asia And Europe

Jan 13, 2021 at 11:13 | Irina Slav

Saudi Arabia has announced reductions in crude oil volumes to be supplied to at least nine clients in Asia and Europe following its decision to add another 1 million bpd…

Oil Rises On Crude Draw Despite Product Builds

Jan 13, 2021 at 09:43 | Irina Slav

Crude oil prices jumped further today after the Energy Information Administration reported a crude oil inventory draw of 3.2 million barrels for the week to January 8. This compared…

UAE Tells U.S. Shale Producers Not To Rush To Restore Production

Jan 13, 2021 at 08:56 | Charles Kennedy

U.S. oil producers should tread carefully this year and avoid boosting production, which could lead to another price slump, the energy minister of the United Arab Emirates told Bloomberg…

The Oil Industry Is In Dire Need Of Investment

Jan 12, 2021 at 17:21 | Cyril Widdershoven

The global oil market is in flux once again. The bulls are fighting it out with the bears as COVID lockdowns come into force around the world. Oil…

3 Stocks To Buy As Oil Prices Rise Above $50

Jan 12, 2021 at 17:07 | Alex Kimani

As oil prices continue to maintain the latest trajectory above the psychologically significant $50/barrel level, investors are increasingly recalibrating their investment prisms for beaten-down oil and gas companies.  WTI has…

Why A Fracking Ban Won’t Kill U.S. Shale

Jan 12, 2021 at 16:25 | David Messler

One of the things that had the oil industry worried about a Biden administration was his opposition to fracking, and his promise to ban it…

Why Petrobras Is One Of 2021’s Most Exciting Oil Companies

Jan 12, 2021 at 16:06 | Matthew Smith

Sharply weaker oil prices and the global COIVD-19 pandemic had little material impact on Brazil’s massive offshore oil boom. Even the fact that the oil rich Latin American…

Google Looks To Turn Data Centers Into Energy Storage

Jan 12, 2021 at 15:04 | Haley Zaremba

When most people imagine the internet, the last thing that comes to mind is huge, on-the-ground facilities and thousands of miles of wires across the ocean floor, but…

Oil Prices Jump To 10-Month High On Weak Dollar

Jan 12, 2021 at 13:23 | Tom Kool

We hope you enjoy.Chart of the Week

Can Sea Water Batteries Solve Our Energy Storage Problem?

Jan 12, 2021 at 12:57 | Irina Slav

The stakes are rising with each passing day for energy storage. The world needs it, and it needs it cheaply and urgently, given all the plans in Europe,…

Big Oil Is An Unsung Hero In The Fight Against COVID

Jan 12, 2021 at 11:42 | Felicity Bradstock

While the oil and gas industries experienced a difficult year in 2020, with decreased demand and a severe drop in prices, energy suppliers have continued to provide vital…

OPEC+ Compliance With Production Cuts Slips To 75%

Jan 12, 2021 at 10:52 | Tsvetana Paraskova

OPEC+ group’s compliance with the oil production cuts fell to 75 percent in December 2020—one of the lowest levels since the pact was enacted in May 2020, tanker tracking firm…

U.S. Oil Drillers To Face More Pain Despite Higher Prices

Jan 12, 2021 at 10:02 | Irina Slav

WTI is back above $50 a barrel, and things are looking up for the battered U.S. oil industry. Yet, although the worst may be behind drillers, they still face a…

Sponsored Article

The World’s Next Giant Oil Discovery Could Be Here

Jan 11, 2021 at 16:59 | Freddie Lambert

There’s a breaking energy story that could potentially be a repeat of Texas’ multi-billion dollar Midland Basin… A basin that has been producing since the 1930s and won’t reach peak…

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