• 3 minutes War for Taiwan?
  • 7 minutes How China Is Racing To Expand Its Global Energy Influence
  • 10 minutes Is it time to talk about Hydrogen?
  • 11 mins U.S. Presidential Elections Status - Electoral Votes
  • 1 day Locked Thread on the election
  • 18 hours Mail IN Ballot Fraud
  • 7 hours Michael Moore Cranking Up Planet of the Humans Again
  • 7 hours “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 1 day “Consumers Will Pay For Carbon Pricing Costs” by Irina Slav
  • 54 mins Censorship in USA
  • 1 day British PM Eyes Banning Gasoline and Diesel Car Sales
  • 2 days San Francisco Imposes Natural Gas Ban
Has Asia Lost Interest In North Sea Oil?

Has Asia Lost Interest In North Sea Oil?

North Sea oil producers say…

Why A COVID Vaccine Won’t Invigorate The Oil Market

Why A COVID Vaccine Won’t Invigorate The Oil Market

While the promising news about…

Growing Crude Inventories Put A Cap On Oil Prices

Growing Crude Inventories Put A Cap On Oil Prices

Crude oil prices fell today…

Energy

Will A Vaccine Reinvigorate Oil Markets?

Nov 13, 2020 at 12:37 | Editorial Dept

U.S. West Texas Intermediate is trading lower on Friday. The catalysts behind the selling pressure are fears over skyrocketing COVID-19 cases and their negative effect on the global demand recovery.…

Oil Demand Revised Down Once Again

Nov 13, 2020 at 12:36 | Editorial Dept

1. Oil rallies on vaccine hopes- The oil bulls returned this week on the extraordinary…

An Uneasy Peace Between Armenia And Azerbaijan

Nov 13, 2020 at 12:34 | Editorial Dept

Politics, Geopolitics & Conflict The Armenian government has signed what it has referred to as a “painful” agreement with Russia and Azerbaijan to end the war over the disputed area…

Betting On A Rebound In Oil Drilling

Nov 13, 2020 at 12:31 | Editorial Dept

For those of us that pay attention to the Baker Hughes Rig Count, as all energy investors should, it has been an interesting month or so. After one of the…

Surge In COVID Cases Counters Oil Market Optimism

Nov 13, 2020 at 12:31 | Tom Kool

While much of the media attention has been on the recent Pfizer vaccine success, COVID cases are surging and new lockdowns are coming into effect, weighing further on oil prices 

Could Energy Bring Lebanon And Israel Together?

Nov 13, 2020 at 12:28 | Editorial Dept

By most perspectives, Trump has been a hands-off president in the foreign policy arena, with the visible exception of antagonizing Iran and fostering a withdrawal from - and…

U.S. Oil Rig Count Rises For The Eighth Week In A Row

Nov 13, 2020 at 12:26 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 236—the eighth week of oil rig additions. The total number of…

Iraq's Latest Attempt To Corner Asian Oil Markets

Nov 13, 2020 at 11:11 | Viktor Katona

Every new crisis is a formidable opportunity to try new things, oftentimes merely to have another go with methods that have failed in the past but should work better now.…

Oil Price Crash Costs Saudi Arabia $27.5 Billion In Revenue In 2020

Nov 13, 2020 at 10:11 | Tsvetana Paraskova

The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday, admitting that the current oil…

Why A COVID Vaccine Won’t Invigorate The Oil Market

Nov 12, 2020 at 16:49 | Julianne Geiger

For those who have been transfixed on oil demand forecasts over the last eight months, the recent news that Pfizer’s Covid-19 vaccine is 92% successful likely came with a renewed…

The Great Struggle For Iraqi Oil May Be Drawing To A Close

Nov 12, 2020 at 16:18 | Simon Watkins

With the announcement last week that the president of Russian state oil proxy Lukoil, Vagit Alekperov, met one-to-one with Iraq’s Prime Minister, Mustafa al-Kadhimi, and its Oil Minister,…

The Permian Oil Stock That Markets Are Overlooking

Nov 12, 2020 at 16:11 | David Messler

Matador Resources, (NYSE: MTDR) is a small Permian oil driller that doesn’t get a lot of coverage, taking a back seat to some of the more widely covered…

Can Asia Continue Its Crude Oil Buying Spree?

Nov 12, 2020 at 16:03 | Viktor Katona

With Europe and North America falling ever deeper into the quagmire of second-wave coronavirus lockdowns and curfews, caution has become the universal buzzword. In Asia, however, the anticipation of worse…

Adapt Or Die: Refiners Face An Impossible Decision

Nov 12, 2020 at 14:32 | Irina Slav

Refinery conversion and closures: this is the shortest summary of things happening in the downstream industry right now. With the pandemic wreaking havoc on oil—and fuel—demand, refiners have…

Will Venezuela’s Economic Crisis Remove Maduro From Power?

Nov 12, 2020 at 14:21 | Matthew Smith

In desperation, Maduro’s autocratic regime has turned to Iran, another pariah state, for assistance. The collapse of Venezuela’s once-mighty oil industry has not only caused the Latin American…

Lockdowns Hit Supplies For Biofuels

Nov 12, 2020 at 12:03 | Tsvetana Paraskova

Lockdowns, curfews, and fewer people eating out due to the coronavirus are dwindling the supplies of used cooking oil that is used in renewable fuels production, and refiners are now…

Growing Crude Inventories Put A Cap On Oil Prices

Nov 12, 2020 at 10:14 | Irina Slav

Crude oil prices fell today after the Energy Information Administration reported an oil inventory build of 4.3 million barrels for the week to November 6. The authority also reported…

EIA Sees WTI Crude Averaging $44 In 2021

Nov 12, 2020 at 09:30 | Charles Kennedy

WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the forecast price not much…

OPEC+ Getting Closer To Hatching January Plan

Nov 12, 2020 at 09:02 | Julianne Geiger

The OPEC+ group is getting closer to deciding how to proceed come January, according to several delegates who shared this insight with Bloomberg. After discussing the options, which included…

The 6 Hottest Energy Tech Stocks For 2021

Nov 11, 2020 at 17:41 | Claudia Klinsmann

Two of the hottest sectors in the ESG revolution right now are hydrogen and absolutely anything that ties into the $5 trillion global transportation industry. Investors are piling…

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