Russia has announced the discovery…
EOG has been drilling in…
Citi has forecast that oil…
A Mexican think tank has declared that Pemex’s newest refinery is doomed in a grim analysis released this month. The Mexican Institute for Competitiveness (Instituto Mexicano para la Competitividad, or…
Crude oil prices are affecting demand for the commodity negatively, the International Energy Agency’s head Fatih Birol told S&P Global Platts in an interview. "The higher oil price environment…
Despite signs of continued tightness in supply, oil prices dropped early on Monday on some profit taking and a Russian minister suggesting that Russia and OPEC could abandon the production…
OPEC and heavyweight Russia may fight America for its share of the oil market, Russia’s Finance Minister Anton Siluanov told TASS on Saturday, even if it means quitting the OPEC…
Brent Crude and WTI Crude prices hit a five-month high this week amid signs of tightening market and clashes in wildcard OPEC producer Libya. Brent Crude topped $71 and…
Artificial intelligence has been making inroads into the oil and gas industry for a while now after the industry realized all the benefits it could reap from the deployment of…
The oil market is dramatically tighter than it was only a few months ago, driven by both supply cuts and outages, as well as by the surprising “resilience of demand,”…
Trump signed two executive orders to streamline and speed up the permitting of oil and gas pipelines, a move intended to weaken states’ rights and the ability of state governments…
The Senate has confirmed President Trump’s nominee to be the new U.S. ambassador to Saudi Arabia. Though Trump has been in office for more than two years, it will…
Electric car battery sales are projected to hit $60 billion by 2030, and Germany wants to grab the lead. That will be a tall wall to climb, with Chinese, Korean,…
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the…
Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…
This week president Donald Trump signed two executive orders aimed at speeding up the development and functionality of oil and gas projects in the United States. The orders will ease…
Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…
Deals, Mergers & Acquisitions - A number of deals related to Algeria’s state-run Sonatrach have already fallen by the wayside due to the country’s political crisis. But more precisely, big…
In trading, there are very few reliable technical signals, especially when it comes to predicting longer-term moves. Long-term shifts in direction usually come about due to fundamental changes in supply…
Friday April 12, 2019 1. Oil prices moving higher, but volatility lower- Oil prices hit fresh highs for…
Trader Alert: Oilprice.com has officially launched the much-anticipated Global Energy Alert service, a service that includes weekly intelligence…
The the number of active oil and gas rigs fell in the United States this week according to Baker Hughes. The total number of active oil and gas drilling rigs…
The U.S. crude oil production juggernaut continues to move forward. In 2018, U.S. production increased 17 percent over the previous year in a dynamic that is impacting both geopolitics as…