• 4 minutes Will Libya Ever Recover?
  • 9 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 13 minutes What Can Bring Oil Down to $20?
  • 16 minutes Venezuela continues to sink in misery
  • 20 hours Alberta govt to construct another WCS processing refinery
  • 7 hours Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 11 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 11 hours Instead Of A Withdrawal, An Initiative: Iran Hopes To Agree With Russia And Turkey on Syrian Constitution Forum
  • 22 hours Let's Just Block the Sun, Shall We?
  • 13 hours Water. The new oil?
  • 8 hours Storage will in time change the landscape for electricity
  • 2 days Quebecans Snub Noses at Alberta's Oil but Buy More Gasoline
  • 2 days U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 2 days OPEC Cuts Deep to Save Cartel
  • 11 hours Regular Gas dropped to $2.21 per gallon today
  • 2 days Global Economy-Bad Days Are coming
Former Venezuelan General Takes Helm Of OPEC

Former Venezuelan General Takes Helm Of OPEC

Ex-general Manuel Quevedo, Venezuela’s current…

Saudi Arabia Can Outwait The Khashoggi Crisis

Saudi Arabia Can Outwait The Khashoggi Crisis

Turkey has ramped up the…

Turkmenistan’s Pipeline Project Faces More Hurdles

Turkmenistan’s Pipeline Project Faces More Hurdles

While Turkmenistan chivvies along its…

Geopolitics

This Country Strengthens Ties With Iran As U.S. Sanctions Loom

This Country Strengthens Ties With Iran As U.S. Sanctions Loom

Oct 05, 2018 at 17:08 | Haley Zaremba

Oman has long been nicknamed the “Switzerland of the Middle East” thanks to the nation’s peace-focused diplomacy measures and a tendency toward neutrality and mediation. Despite being geographically surrounded by…

Kazakhstan’s Fuel Crisis Is A Thing Of The Past

Kazakhstan’s Fuel Crisis Is A Thing Of The Past

Oct 05, 2018 at 17:08 | Eurasianet

Under a new deal being signed with Russia on October 3, Kazakhstan will be permitted to export car fuel — a sign that severe domestic shortages may be a thing of…

Iraq: A Ticking Time Bomb For Oil Markets

Iraq: A Ticking Time Bomb For Oil Markets

Sep 28, 2018 at 17:37 | Cyril Widdershoven

Iraq’s ministry of oil has published a very optimistic report on the country’s capability to ramp up production, but internal political issues could lead to a new crisis after this…

Is Trump Eyeing A Coup In Venezuela?

Is Trump Eyeing A Coup In Venezuela?

Sep 27, 2018 at 16:55 | Nick Cunningham

The Trump administration and some others in the U.S. government have sent some not-so-subtle hints lately that they are open to a military invasion of Venezuela to oust President Nicolas…

How Much Does The U.S. Spend On Defending Global Oil Supplies?

How Much Does The U.S. Spend On Defending Global Oil Supplies?

Sep 24, 2018 at 13:39 | Tim Daiss

President Trump’s insistence that the U.S. is unfairly shouldering the cost of protecting global sea shipping lanes for major oil producing nations received a new boost last week. A report…

Venezuela Can Wreck U.S.-Chinese Relations

Venezuela Can Wreck U.S.-Chinese Relations

Sep 21, 2018 at 17:10 | Irina Slav

When the New York Times earlier this month reported that President Trump had met with Venezuelan military officers unhappy with the country’s government to discuss a coup against Nicolas…

Saudis Expand Mining Sector As Part Of Diversification Push

Saudis Expand Mining Sector As Part Of Diversification Push

Sep 21, 2018 at 16:50 | Oxford Business Group

Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July 2. Coupled with expansion in…

The U.S. Calls On Russia To Cap Soaring Oil Prices

The U.S. Calls On Russia To Cap Soaring Oil Prices

Sep 14, 2018 at 14:02 | Tim Daiss

As crucial mid-term congressional elections in November draw near, the Trump administration is feeling the heat over higher oil prices. London-traded global oil benchmark Brent breached the $80 per barrel…

How Iran Plans To Bypass The World’s Main Oil Chokepoint

How Iran Plans To Bypass The World’s Main Oil Chokepoint

Sep 07, 2018 at 17:33 | Viktor Katona

Iran Tries to Bypass the Hormuz Strait Global markets have recently gone into overdrive in anticipation of the US-Iran standoff’s outcome. President Trump is building up pressure on Tehran, his…

How Much Longer Can The Saudis Suppress Oil Prices?

How Much Longer Can The Saudis Suppress Oil Prices?

Sep 07, 2018 at 17:28 | Irina Slav

When earlier this week reports emerged that Saudi Arabia is striving to keep oil prices in the range of US$70-80 per barrel in a bid to balance its need…

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