• 6 minutes Can the World Survive without Saudi Oil?
  • 10 minutes Saudis Threaten Retaliation If Sanctions are Imposed
  • 15 minutes Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 39 mins U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 1 hour Saudis Pull Hyperloop Funding As Branson Temporarily Cuts Ties With The Kingdom
  • 8 hours Judge Approves SEC Settlement With Tesla, Musk
  • 52 mins WTI @ $75.75, headed for $64 - 67
  • 3 hours How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 3 hours UN Report Suggests USD $240 Per Gallon Gasoline Tax to Fight Global Warming
  • 5 hours Iranian Sanctions - What Are The Facts?
  • 8 hours Porsche Says That it ‘Enters the Electric Era With The New Taycan’
  • 3 hours China Thirsty for Canadian Crude
  • 6 hours EU to Splash Billions on Battery Factories
  • 9 hours Saudi Crown Prince to Trump: We've Replaced All Iran's Lost Oil
  • 10 hours Mexico State Oil
  • 8 hours Gold price on a rise...
Are Oil Majors Returning To Libya?

Are Oil Majors Returning To Libya?

Libya’s NOC has managed to…

Oil Prices Under Pressure As U.S. Shale Supply Soars

Oil Prices Under Pressure As U.S. Shale Supply Soars

Continued production growth in the…

Energy

This Merger Creates A New Oilfield Services Giant

This Merger Creates A New Oilfield Services Giant

Oct 09, 2018 at 11:06 | Rystad Energy

Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint.

U.S. Crude Oil Exports Could Jump To Almost 4 Million Bpd By 2020

U.S. Crude Oil Exports Could Jump To Almost 4 Million Bpd By 2020

Oct 09, 2018 at 10:30 | Tsvetana Paraskova

U.S. crude oil exports could increase to 3.9 million bpd by 2020, mostly driven by rising production in the Permian, the Houston Chronicle reported on Tuesday, citing a new…

Gulf Of Mexico Producers Brace For Hurricane Michael

Gulf Of Mexico Producers Brace For Hurricane Michael

Oct 09, 2018 at 10:17 | Irina Slav

Oil and gas field operators in the Gulf of Mexico began to evacuate platform staff and shut in production ahead of Hurricane Michael, which is expected to make landfall in…

North Sea Oil & Gas Operating Costs Rose Last Year

North Sea Oil & Gas Operating Costs Rose Last Year

Oct 09, 2018 at 09:31 | Irina Slav

Production and operating costs of oil and gas field operators in the UK North Sea section went up by about 2 percent last year, the Oil and Gas Authority—the national…

What’s Next For Oil Prices?

What’s Next For Oil Prices?

Oct 08, 2018 at 17:13 | Tsvetana Paraskova

Oil prices rallied last week to their highest level since November 2014, with Brent Crude hitting $86 and WTI Crude rising above $75 a barrel at one point…

Goldman: The Oil Market Can Handle Iran Outages

Goldman: The Oil Market Can Handle Iran Outages

Oct 08, 2018 at 17:04 | Nick Cunningham

Oil prices cooled off in recent days as fears of an acute shortage of supply stemming from sanctions on Iran started to subside. At least two companies in India have…

North Sea Oil Renaissance Could Flop

North Sea Oil Renaissance Could Flop

Oct 08, 2018 at 13:35 | Irina Slav

Last year, when Oilprice wrote about a rush of investments into North Sea oil and gas, it looked like that part of the oil world was undergoing a seismic…

Iran: Saudis Aren’t Replacing Our Oil Exports

Iran: Saudis Aren’t Replacing Our Oil Exports

Oct 08, 2018 at 12:43 | Tsvetana Paraskova

The market will never buy Saudi Arabia’s claim that it has been compensating for the loss of Iran’s oil exports, Iranian Oil Minister Bijan Zanganeh said on Monday, adding…

Iran’s Crude Exports Plunge To 1.1 Million Bpd

Iran’s Crude Exports Plunge To 1.1 Million Bpd

Oct 08, 2018 at 11:53 | Tsvetana Paraskova

Iran’s crude oil exports plunged to 1.1 million bpd in the first seven days of October, sliding further down from 1.6 million bpd in September as we are just four…

Houthi Rebels Detain Fuel Tankers At Oil Port Hodeidah

Houthi Rebels Detain Fuel Tankers At Oil Port Hodeidah

Oct 08, 2018 at 09:21 | Irina Slav

The Yemeni Houthi rebels have detained 10 vessels, including fuel tankers, at the port of Hodeidah, and are preventing them from offloading their cargo, The National reports, citing Yemen’s…

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