• 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
  • 12 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day They pay YOU to TAKE Natural Gas
  • 7 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 7 days How Far Have We Really Gotten With Alternative Energy
  • 11 days e-truck insanity
  • 9 days An interesting statistic about bitumens?
  • 53 mins The United States produced more crude oil than any nation, at any time.

Energy

Disaster Looms Over Libyan Oil

Apr 19, 2018 at 13:28 | Irina Slav

Is General Khalifa Haftar dead or alive? The leader of the Libyan National Army disappeared from the public eye earlier this month, and now rumors surrounding his health are beginning…

The Overlooked Implications Of The U.S. Shale Boom

Apr 19, 2018 at 13:05 | David Messler

One of the often-unsung aspects of the shale revolution that has taken place in the U.S.A. over the last few years, is the amount of natural gas that’s been produced.…

Should Saudi Arabia Fear Higher Oil Prices?

Apr 19, 2018 at 11:36 | Tim Daiss

You have to hand it to Saudi Arabia. After struggling in global oil markets from 2015 to early 2017, the Kingdom can arguably be called “the comeback kid.” However, the…

Oil Soars To Highest Price Since 2014

Apr 19, 2018 at 10:16 | Tsvetana Paraskova

Oil prices reached highs last seen at the end of 2014 early on Thursday, with WTI Crude trading just below $70 a barrel after another drop in U.S. inventories and…

Mexico’s Oil Crisis: Pirates, Cartels, And Corruption

Apr 19, 2018 at 09:16 | Haley Zaremba

Mexican oil is hemorrhaging money thanks to gasoline-guzzling cartels, seafaring pirates, and widespread collusion within their own ranks. While this is nothing new for the oil-rich but security-poor nation,…

$100 Oil Is Back On The Table

Apr 18, 2018 at 16:37 | Nick Cunningham

Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil…

Shale Boom Creates New Petrochemical Hub

Apr 18, 2018 at 16:35 | Tsvetana Paraskova

The record-setting natural gas production in the United States is benefiting not only consumers. The shale-growth-driven natural gas output is expected to bring benefits to the petrochemical industry as well,…

Could Natural Gas Threaten Permian Oil Production?

Apr 18, 2018 at 15:30 | Robert Rapier

In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude…

Venezuelan Oil Enters The Disaster Zone

Apr 18, 2018 at 14:14 | Nick Cunningham

The decline of Venezuela’s oil production for the foreseeable future has been assumed, and to a large extent, already priced into the market. However, an acceleration in the rate of…

The Panama Canal Needs To Be Expanded Again

Apr 18, 2018 at 13:41 | Irina Slav

When the Panama Canal was expanded, it drew a lot of enthusiasm, with many seeing U.S. oil and gas exports surging thanks to the wider waterway that cuts the journey…

IMF: Expect Oil To Fall Below $60

Apr 18, 2018 at 10:54 | Irina Slav

The International Monetary Fund dampened optimism about oil prices by forecasting the average for Brent at a little over US$58.24 a barrel next year, down from this year’s projected US$62.31.…

Oil Prices Rise On Crude, Gasoline Inventory Draw

Apr 18, 2018 at 09:39 | Irina Slav

After API’s Tuesday estimate of a 1.047-million-barrel crude oil inventory draw pushed prices higher, the Energy Information Administration added optimism by confirming a draw, albeit a smaller one,…

Canada’s Oil Patch To Turn Profitable In 2018

Apr 17, 2018 at 17:54 | Tsvetana Paraskova

Canada’s oil patch booked three consecutive years of hefty losses after the oil prices crash in 2014. This year, the industry is set to post a very slim gross profit—the…

A Natural Gas Giant Like No Other

Apr 17, 2018 at 17:52 | Nick Cunningham

A Houston-based LNG company is hoping to chart a course that hasn’t really been tried before: owning upstream natural gas assets, building the pipelines to get the gas to port,…

Can Saudi Arabia Afford Its Megaprojects?

Apr 17, 2018 at 16:57 | Irina Slav

Most headlines with "Saudi Arabia" in them seem to feature a hefty sum of money. A US$500-billion smart city here, a US$200-billion solar project there--it's beginning to look…

Is Saudi Arabia Losing Its Asian Oil Market Share?

Apr 17, 2018 at 13:57 | Tim Daiss

As Washington and Beijing exchange trade war barbs and as tensions in Syria drive up global oil prices, reintroducing geopolitical pressure that had been largely removed from the oil price…

BP Teams Up With Tesla In Energy Storage Project

Apr 17, 2018 at 13:51 | Haley Zaremba

One of the world’s biggest oil industry supermajors has teamed up with the global leader in electric cars in a new business venture and pilot project. British Petroleum (BP) has…

Oil Markets: The Calm Before The Storm

Apr 17, 2018 at 13:04 | Tom Kool

Oil saw significant gains in anticipation of the strikes in Syria, but following U.S. efforts to ease geopolitical tensions in the region, crude prices have stabilized. 

The Overlooked Factor That Could Derail The OPEC Deal

Apr 17, 2018 at 12:03 | Cyril Widdershoven

While the continuing Russia-OPEC discussions are dominating headlines, with a focus on a possible extension of the oil production cut agreement into 2019, the market is far from stable. Growing…

Oil Market Uncertain As Geopolitical Fears Fade

Apr 17, 2018 at 10:58 | Tsvetana Paraskova

The oil price rally was halted early on Tuesday as concern over the Syria conflict escalating somewhat eased and U.S. shale production continued to grow. At 11:00 a.m. EDT on…

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