• 7 minutes Does S Arabia Have 2 Mln Barrels in Spare Capacity?
  • 16 minutes Google, Hit With Record $5 billion EU Antitrust fine, To Appeal
  • 23 minutes 67.50 was the low for now, $70 - $76+ back in play
  • 1 day Venezuela, the largest oil reserve in the world, faces deep shortages of motor oil
  • 1 day EU And Japan Sign Historic Free Trade Deal
  • 3 hours Trudeau Shuffles Cabinet, Seeks To Reduce Reliance On U.S.
  • 1 day Where 3 Million Electric Vehicle Batteries Will Go When They Retire?
  • 7 hours Daimler and BMW Will Beat Tesla in EV Race
  • 2 hours Chartist predicting a $1 fall, after WTI drops $10
  • 1 day China’s Technology Sector Takes On Silicon Valley
  • 20 hours Chile Becomes The Latest Country To Commit To 100% Renewables
  • 1 day Germany: We Can No Longer Fully Rely On U.S. White House
  • 2 days Well from $74 we hit 67.xx now what?
  • 1 day Trump-Putin Helsinki Summit And Oil Prices
  • 2 days Rio Tinto Says $4-Million Goodbye to Coal
  • 2 days Trade War of 1930s, Extended the Great Depression
How Higher Oil Prices Are Hurting Demand

How Higher Oil Prices Are Hurting Demand

Crude Oil, Natural Gas, Automation,…

Norway Oil Strike Set To Worsen

Norway Oil Strike Set To Worsen

Norway’s oil worker strike is…

News

GM Temporarily Halts Volt Production over Low Sales

GM Temporarily Halts Volt Production over Low Sales

Aug 29, 2012 at 16:23 | Charles Kennedy

US automaker General Motors Co. has announced it will halt production of the Chevrolet Volt electric car for four weeks, citing the car’s failure to meet targeted sales projections, according…

Analysts Predict Draw from US Strategic Reserves over Storm Isaac

Analysts Predict Draw from US Strategic Reserves over Storm Isaac

Aug 29, 2012 at 16:22 | Charles Kennedy

As gas prices continued to climb yesterday, industry analysts are predicting the increasing likelihood that the US will draw from its strategic oil and gas reserves in the face of…

Gazprom Signs South Stream Pipeline Agreement with Bulgaria

Gazprom Signs South Stream Pipeline Agreement with Bulgaria

Aug 29, 2012 at 16:21 | Jen Alic

Russian Gazprom on Monday signed an agreement for the construction of the Bulgarian section of its South Stream gas pipeline with Bulgaria’s National Energy Holdings. Gazprom Deputy CEO…

Chilean Court Nixes $5bn Thermoelectric Power Plant

Chilean Court Nixes $5bn Thermoelectric Power Plant

Aug 29, 2012 at 16:19 | Joao Peixe

A huge thermoelectric power plant joint venture between Brazil’s MPX Energia SA and Germany’s E.ON has been sidelined by a Chilean court over environmental concerns. Earlier this week,…

GDP Increased at an Annual rate of 1.7%

GDP Increased at an Annual rate of 1.7%

Aug 29, 2012 at 16:18 | Editorial Dept

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.7 percent…

Voters Favor Obama over Romney on Energy

Voters Favor Obama over Romney on Energy

Aug 28, 2012 at 17:02 | Jen Alic

US voters apparently favor President Barack Obama’s energy policy over the energy independence plan unveiled by Republican presidential candidate Mitt Romney, according to two new polls conducted this week.  According…

Iran May Allow Inspection of Military Installation

Iran May Allow Inspection of Military Installation

Aug 28, 2012 at 17:00 | Charles Kennedy

During a summit of the Non-Aligned Movement (NAM) this week, Iran may allow visiting diplomats to inspect a military installation southeast of Tehran and targeted by UN inspectors as a…

Radioactive Fish off Fukushima Coast

Radioactive Fish off Fukushima Coast

Aug 28, 2012 at 16:59 | Joao Peixe

A short 20 kilometers off the coast of the Fukushima nuclear plant, Japan’s electricity utility has discovered fish containing a level of radiation unsafe for consumption, Japanese news agencies reported.…

At Least 41 Dead after Venezuela Oil Refinery Explosion

At Least 41 Dead after Venezuela Oil Refinery Explosion

Aug 28, 2012 at 16:57 | Joao Peixe

Venezuela’s biggest oil refinery has been shut down following a gas explosion that killed 41 people and injured 86 others some 240 miles west of Caracas, news agencies reported.…

Merkel's Plan for a United States of Europe

Merkel's Plan for a United States of Europe

Aug 28, 2012 at 16:55 | Editorial Dept

Will Merkel get her wish for a Unites States of Europe led by nannycrats in Brussels? I suspect not because a vote would likely go up in flames. Chancellor Angela…

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