• 3 minutes China's aggression is changing the nature of sovereignty.
  • 8 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 9 minutes US oil facts
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 mins Europe gas market -how it started how its going
  • 30 mins Amazing!...see article: "Turkmenistan To Close "Gates Of Hell" Gas Fire" by Irina Slav
  • 4 hours German Lawyer Sues The World Over Coronavirus
  • 3 days Russia oil production live month after month starting from November 2021 - official stats from Rosstat agency
  • 3 days Is $100 Crude Bad For US Shale? That's what Oil CEOs Say
  • 1 day Ukrainian Maidan after 8 years
  • 3 days Nuclear power in Russia

Breaking News:

Libya Oil Production Rebounds

3 Chip Stocks To Watch As The Semiconductor Shortage Worsens

3 Chip Stocks To Watch As The Semiconductor Shortage Worsens

The global semiconductor shortage is…

Is China’s Digital Yuan The Death Knell For Crypto?

Is China’s Digital Yuan The Death Knell For Crypto?

China has just introduced another…

Finance / the Economy

World Bank: Russian Energy Strength is Economic Weakness

Sep 25, 2013 at 19:16 | Daniel J. Graeber

The head of the World Bank in Russia said Wednesday he was alarmed by the slowdown in the Russian economy.  The bank said the Russian economy was slow to emerge…

Economic Forecasting in a Time of Diminishing Oil Supplies

Sep 23, 2013 at 18:27 | Gail Tverberg

What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that…

Clean Energy Damaging Europe’s Competitiveness

Sep 12, 2013 at 18:48 | Global Risk Insights

For years Europe has been at the forefront of the renewable energy revolution, promoting and establishing global rules in this sector. There are signs however that this trend might change.

Lebanon’s Economy Faces Collapse

Sep 06, 2013 at 16:23 | Editorial Dept

Bottom Line: Lebanon’s economy faces collapse, and foreign bidders on potentially lucrative offshore oil and blocks are about to be disappointed as the conflict in Syria feeds a political stalemate…

Energy Return on Investment is too Low to Maintain Current Economic System

Jun 27, 2013 at 16:59 | Gail Tverberg

My major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already…

NORWAY: Investors Balk at Government Indifference

Apr 05, 2013 at 13:06 | Editorial Dept

Bottom Line: Norway’s pending plans to cut tariffs on gas transport by 90% will reduce income for pipeline investors by as much as $7 billion, adding to the lingering anxiety…

Russian Oligarchs to (Involuntarily) Fund Cyprus Bailout

Mar 25, 2013 at 18:51 | Charles Kennedy

Negotiations for Cyprus’ bailout, which has hinged largely on its hydrocarbons future, have ended with Russia missing the chance to swap aid for offshore exploration licenses and the Greek Cypriots…

IMF Provides Silver Lining to Iraq Debate

Mar 22, 2013 at 20:04 | Daniel J. Graeber

The International Monetary Fund offered a silver lining to the otherwise scathing barrage of reports out last week critical of the U.S. experiment in Iraq. The IMF said oil production…

Iceland Credits Green Energy for GDP Growth

Mar 01, 2013 at 15:29 | Daniel J. Graeber

Iceland's president told members of the Organization for Economic Cooperation and Development that his economy was well-suited to serve as a laboratory for competing economic models. More than four years…

12 Negative Aspects of Globalization

Mar 01, 2013 at 15:09 | Gail Tverberg

Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they…

Why have GDP Growth and Energy Growth Separated?

Feb 11, 2013 at 17:01 | Dave Cohen

On Friday I put up the following chart, and invited readers to comment on what's wrong with it.

Where's the Crash?

Jan 31, 2013 at 09:39 | Mad Hedge Fund Trader

That was the questions traders were scratching their heads and asking this morning in the wake of this morning's shocking Q4, 2012 GDP figure.While most analysis were expecting…

Egypt's Revolution Going Nowhere Fast

Jan 30, 2013 at 17:07 | Daniel J. Graeber

The Egyptian currency this week hit a record low as the country grapples with post-revolution frustrations. That means it's becoming more expensive for the government to handle imports. Meanwhile, public…

Using Electricity Usage Data to Determine China's Real Growth Figures

Jan 21, 2013 at 16:31 | Dian L. Chu

China`s 4th Quarter China`s economy grew 7.9% for the fourth quarter of 2012, signaling to some that China might be rebounding from a two-year downtrend in economic growth.…

Which Economies Are Set to Soar in 2013?

Jan 14, 2013 at 17:09 | Economywatch

As the European Union mulls another year of economic stagnation and the United States a year of lacklustre and uncertain economic recovery, will emerging markets take the lead in global…

Despite Sanctions, Iran's Economy Limps Along

Jan 11, 2013 at 16:57 | John Daly

In the 20th century, upright moral nations developed a new method of showing international opprobrium to rogue nations, the implantation of economic sanctions, designed to modify a recalcitrant nation’s behavior…

Why 2013 Will End in a Severe Recession

Jan 08, 2013 at 16:11 | Gail Tverberg

We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions…

Why Riyadh Cares about the "Fiscal Cliff"

Dec 31, 2012 at 14:56 | Daniel J. Graeber

Oil revenue made up more than 90 percent of the total revenues for Saudi Arabia despite a steady decline in production. With a choppy 2012 drawing to a close, the…

Energy Abundance vs Slow Growth Rates

Dec 21, 2012 at 17:36 | Gregor Macdonald

It was the best of times; it was the worst of times for the American public over the past month, as it was treated to two high-profile, but deeply conflicting,…

US Fighting Terrorism with Financial Weapons

Dec 11, 2012 at 16:59 | Claude Salhani

Forget about fighting fire with fire, it gets messy. Instead, find something as efficient, if not all the more so and that will convince your friends and foes alike that…

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