• 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
  • 22 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days They pay YOU to TAKE Natural Gas
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 1 day What fool thought this was a good idea...
  • 4 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 10 days The United States produced more crude oil than any nation, at any time.

Energy

Are Investors Ignoring The Largest Financial Risk Ever?

Jun 03, 2020 at 16:57 | Nick Cunningham

Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund.  Global temperatures have already increased by 1.1 degrees Celsius…

Are Diamonds The Future Of Energy Storage?

Jun 03, 2020 at 16:45 | Tsvetana Paraskova

The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the…

U.S. States Just Lost Pipeline Veto Rights And That’s A Big Deal For Oil

Jun 03, 2020 at 13:12 | Julianne Geiger

The oil and gas industry in the United States scored a big win this week after the EPA narrowed the focus of a rule that up until now,…

The Biggest Question For Oil Markets As Brent Breaks $40

Jun 03, 2020 at 13:03 | Amad Shaikh

Brent futures have broken above $40 for the first time since early March. Volatility continues to trend downwards, with the biweekly rolling average moving towards mean levels. Physical oil has…

China Leads The Global Oil Demand Recovery

Jun 03, 2020 at 12:19 | Tsvetana Paraskova

Global oil demand has improved over the past few weeks, led by China’s demand which has rebounded to 90 percent of its pre-coronavirus levels, while tentative signs of improvement emerge…

Bahrain To Speed Up Development Of Huge 80 Billion Barrel Oil Reserves

Jun 03, 2020 at 11:40 | Simon Watkins

Given the massive negative hit taken by Saudi Arabia’s economy as a result of Crown Prince Mohammed bin Salman’s oil price war, aimed at destroying the U.S. shale oil…

Saudi Arabia And Russia Agree To Extend Production Cuts

Jun 03, 2020 at 10:38 | Tsvetana Paraskova

Saudi Arabia and Russia have reached a preliminary agreement to extend the current level of the OPEC+ production cuts by one month, provided that the laggards in compliance ensure over-compliance…

Oil Falls Back On Large Fuel Build

Jun 03, 2020 at 09:40 | Irina Slav

A day after the American Petroleum Institute surprised market yet again with a crude oil inventory draw, pushing prices up, the Energy Information Administration also reported an inventory decline,…

Brent Tops $40 For The First Time Since March

Jun 03, 2020 at 08:42 | Tsvetana Paraskova

Brent Crude prices broke above $40 a barrel early on Wednesday, surpassing that threshold for the first time since Saudi Arabia and Russia broke up the previous OPEC+ pact on…

U.S. Oil Drillers Restart Production As Prices Recover

Jun 02, 2020 at 17:11 | Nick Cunningham

Shale drillers are bringing some shuttered oil production back online as the glut eases.  The total amount of shut-in production in the Bakken stood at 475,000…

Why Saudi Arabia Is Desperate To Extend OPEC+ Cuts

Jun 02, 2020 at 16:26 | David Messler

OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in Vienna is coming…

Is This The Next Major Market For U.S. LNG?

Jun 02, 2020 at 16:08 | Alex Kimani

Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm…

Can Yemen’s Oil Industry Make A Comeback?

Jun 02, 2020 at 13:25 | Viktor Katona

The coronavirus pandemic has dealt an immense blow to businesses and nations all around the planet, yet there is one specific sphere where it might actually deliver some…

$40 Oil In Sight As OPEC+ Considers Extension

Jun 02, 2020 at 12:53 | Josh Owens

Oil prices climb ahead of highly-anticipated OPEC+ meeting. 

Breaking Down Biden's Energy Policy

Jun 02, 2020 at 12:24 | Leonard Hyman & William Tilles

The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…

Europe’s Natural Gas Glut May Force Supply Cuts

Jun 02, 2020 at 11:41 | Tsvetana Paraskova

Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…

Oil Prices Spike On Hopes Of OPEC+ Deal Extension

Jun 02, 2020 at 09:50 | Tsvetana Paraskova

Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days to roll over for a month or two the current…

Petrobras Oil Stockpiles Are “Paradoxically” Low

Jun 02, 2020 at 09:05 | Irina Slav

Brazil’s Petrobras is one of very few oil companies with no oil storage problem, according to its chief executive. Roberto Castello Blanco said at an event yesterday that Petrobras’s oil…

Will OPEC+ Extend Its Historic Production Cut Agreement?

Jun 01, 2020 at 13:54 | Nick Cunningham

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome.  Originally scheduled…

Offshore Oil Is On The Brink Of Collapse

Jun 01, 2020 at 13:48 | Irina Slav

Project cancellations, spending cuts, well shut-ins: the problems and dilemmas plaguing onshore oil producers have also spread to offshore. And while the effects of the Covid-19 pandemic on…

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