• 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
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 7 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 7 days How Far Have We Really Gotten With Alternative Energy
  • 10 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 10 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered has predicted global…

Oil Ticks Lower on EIA Inventory Report

Oil Ticks Lower on EIA Inventory Report

Crude oil prices moved lower…

Bullish Sentiment Has Taken Hold of Oil Markets

Bullish Sentiment Has Taken Hold of Oil Markets

Oil prices surged above $90…

Energy

Can Oil Prices Hit $65 This Week?

Nov 07, 2017 at 09:07 | Irina Slav

Brent crude, the international benchmark, closed above US$64 a barrel for the first time since mid-2015 yesterday, and WTI settled at over US$57 as a string of political arrests…

Can WTI Hit $70 In 2018?

Nov 06, 2017 at 17:33 | Arthur Berman

Comparative inventory (C.I.) has been dramatically reduced in 2017. Levels have fallen 159 mmb since February and are now approaching the 5-year average for the first time in nearly 3…

Did Oil Markets Overreact To The Saudi Purge?

Nov 06, 2017 at 17:21 | Nick Cunningham

Saudi Arabia’s powerful crown prince led a massive purge over the weekend, ousting around a dozen royal cousins in a bid to consolidate power. The removal and detentions of…

Putin’s Masterstroke Of Energy Diplomacy

Nov 06, 2017 at 14:46 | ZeroHedge

Rosneft chief executive Igor Sechin announced that his company signed a roadmap to invest the mind-numbingly large sum of $30 billion in the Iranian energy sector following his and…

Why Saudi Arabia’s Crackdown Sent Oil Prices Soaring

Nov 06, 2017 at 14:41 | Gregory Brew

A power-play by the most powerful man in Saudi Arabia took place over the weekend, with big repercussions for the future of the country that is OPEC’s de factor…

Ignore The Hype: Oil Is Still In A Bear Market

Nov 06, 2017 at 13:56 | Tsvetana Paraskova

Oil prices hit two-year-highs on Monday amid signs of continuously tightening markets and strong signals from Saudi Arabia and Russia that they are willing to extend their production cut deal…

Big Oil Plans Blockchain-Based Trading Platform

Nov 06, 2017 at 10:07 | Irina Slav

A consortium involving Shell, BP, and Statoil is working on the development of a blockchain-based energy commodity trading platform, along with three large commodity traders—Gunvor, Koch Supply & Trading, and…

Aramco Board Targeted In Anti-Corruption Crackdown

Nov 06, 2017 at 09:35 | Irina Slav

A string of arrests of senior government officials in Saudi Arabia has also struck Aramco board member Ibrahim al-Assaf, a former Finance Minister in the Kingdom. The situation apparently…

Is $60 Oil Too Tempting For OPEC?

Nov 03, 2017 at 17:14 | Irina Slav

Last week, a Bloomberg energy journalist tweeted from Riyadh, wondering why there are no mass celebrations of the fact that Brent was coming closer to $60 a barrel. Now that…

A Very Bullish Case For Commodities

Nov 03, 2017 at 17:11 | Nick Cunningham

The fortunes of oil and gas producers have been dramatically different from metal producers this year. Energy prices have been lackluster, and energy stocks have fared even worse. Meanwhile, prices…

600,000 Bpd At Risk As Venezuela Delays The Inevitable

Nov 03, 2017 at 17:05 | Nick Cunningham

The debt situation is coming to a head in Venezuela. The Venezuelan economy has been in shambles for years, plumbing new depths when it seems that things cannot get any…

Norway’s Oil Sector Faces Existential Crisis

Nov 03, 2017 at 17:05 | Tsvetana Paraskova

Oil companies have recently focused on frontier exploration drilling in the Barents Sea offshore in Norway, neglecting the powerhouse of the Norwegian oil industry, the North Sea. Exploration activity in…

Can U.S. Renewables Catch Up With Nuclear?

Nov 03, 2017 at 17:04 | Ron Patterson

(Click to enlarge) (Click to enlarge)The EIA released the latest edition of their Electric Power Monthly…

Can Ukraine Combat Its Natural Gas Crisis?

Nov 03, 2017 at 16:52 | The Jamestown Foundation

Ukraine has entered a new heating season with almost 17 billion cubic meters (bcm) of natural gas stored in its underground reservoirs, according to Ukrtransgaz, the gas transportation and storage…

It’s Time To Ride The Oil Stock Wave

Nov 03, 2017 at 16:52 | Dan Dicker

We’re at a very important time, for our trading purposes – one that requires some discipline and experience to manage. I’ve always called this moment “riding the wave”. We’ve done…

The Case for Buying Into 2 Dying Industries

Nov 03, 2017 at 16:52 | Martin Tillier

Most retail investors come to trading in their accounts by way of investing, and that can sometimes limit their view of what is an acceptable trade. There is a difference…

A New Era In The Oil Industry

Nov 03, 2017 at 16:49 | Editorial Dept

Friday November 3, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory November 3, 2017

Nov 03, 2017 at 16:41 | Editorial Dept

Venezuela narrowly escaped a debt default this week after making a last-minute payment on a $1.2-billion bond that was due last Thursday. The payment, to the tune of $842 million,…

How To Play The WTI Rally

Nov 03, 2017 at 16:39 | Jim Hyerczyk

January West Texas Intermediate crude oil futures are in a position to post another strong close on the weekly chart. Speculation that the OPEC-led program to cut production, trim the…

Is $60 The New Floor For Oil Prices?

Nov 03, 2017 at 14:32 | Tom Kool

Positive sentiment continues to drive oil markets as the OPEC meeting nears and U.S. oil rigs continue to decline. Oil prices have maintained their gains and are showing signs of heading even…

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