• 4 minutes End of Sanction Waivers
  • 8 minutes Balancing Act---Sanctions, Venezuela, Trade War and Demand
  • 11 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 14 minutes What Would Happen If the World Ran Out of Crude Oil?
  • 7 hours Saudi Arabia Says To Coordinate With Other Producers To Ensure Adequate Oil Supply
  • 30 mins US Military Spends at least $81 Billion Protecting OPEC Persian Gulf Oil Shipping Lanes (16% DoD Budget)
  • 10 hours Alliances: Iran And Pakistan To Form Joint Rapid Reaction Force At Border
  • 4 hours Overheating the Earth: High Temperatures Shortened Alaska’s Winter Weather
  • 4 hours Populist Surge Coming in Europe's May Election
  • 1 hour "Undeniable" Shale Slowdown?
  • 4 hours Climate Change Protests
  • 4 hours China To Promote Using Wind Energy To Power Heating
  • 2 hours Gas Flaring
  • 1 hour Don't Climb Onto the $80+ Oil Price Greed Roller Coaster, Please.
  • 1 hour How many drilling sites are left in the Permian?
  • 2 hours O&G now in the Magical Goldilocks Zone of $70 Brent
Is This The Most Important Gold Story Of 2019?

Is This The Most Important Gold Story Of 2019?

One of the world’s largest…

Are China’s Crude Reserves Quietly Dwindling?

Are China’s Crude Reserves Quietly Dwindling?

While China’s strategic petroleum reserves…

News

LNA Warns Of “Terrorist Attack” On Libya’s Oil Crescent

LNA Warns Of “Terrorist Attack” On Libya’s Oil Crescent

Apr 10, 2019 at 09:15 | Irina Slav

"Today, a very large meeting of terrorist groups and armed groups took place in Sirte, we know who they belong to. They have a plan proposed at the meeting to attack the Oil Crescent",…

Strong Draw In Gasoline Stocks Dwarfs Crude Build

Strong Draw In Gasoline Stocks Dwarfs Crude Build

Apr 09, 2019 at 15:49 | Julianne Geiger

The American Petroleum Institute (API) reported a build in crude oil inventory of 4.1 million barrels for the week ending April 5, coming in over analyst expectations of a ­

Total, Exxon Move Step Closer To $13B Papua LNG Project

Total, Exxon Move Step Closer To $13B Papua LNG Project

Apr 09, 2019 at 13:34 | Tsvetana Paraskova

ExxonMobil, France’s Total, and Australia’s Oil Search have signed a gas agreement with Papua New Guinea, outlining the fiscal terms for a new liquefied natural gas (LNG) project in the…

Mexican President Warns Retailers: Keep Gas Prices In Check

Mexican President Warns Retailers: Keep Gas Prices In Check

Apr 09, 2019 at 13:11 | Tsvetana Paraskova

The Mexican government may consider creating a small network of gas stations that would sell gasoline at lower, “fair prices”, if gas station operators in the country don’t keep gas…

India Awaits U.S. Waiver Decision Before Booking Iranian Oil For May

India Awaits U.S. Waiver Decision Before Booking Iranian Oil For May

Apr 09, 2019 at 12:31 | Tsvetana Paraskova

India is not booking Iranian crude oil due to load in May, as refiners in one of Iran’s key oil customers are waiting for more clarity from the U.S. on…

Canada Oil Industry Loses Over 20% Of Workforce Since 2014

Canada Oil Industry Loses Over 20% Of Workforce Since 2014

Apr 09, 2019 at 11:25 | Irina Slav

Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of…

Venezuela Won’t Stop Sending Oil To Cuba Despite New Sanctions

Venezuela Won’t Stop Sending Oil To Cuba Despite New Sanctions

Apr 09, 2019 at 10:14 | Irina Slav

Venezuela will not stop shipping crude oil to its political ally Cuba despite U.S. sanctions, the country’s foreign minister said as quoted by Reuters. “When the conventional power of…

Saudi Aramco’s Bond Attracts Record Breaking $100B In Orders

Saudi Aramco’s Bond Attracts Record Breaking $100B In Orders

Apr 09, 2019 at 09:27 | Tsvetana Paraskova

Despite concern from some investors that Saudi Aramco is basically the Kingdom of Saudi Arabia, the oil giant’s debut U.S.-dollar bond has attracted orders for more than US$100 billion—the highest…

U.S. Gasoline Prices Tick Up For Eighth Straight Week

U.S. Gasoline Prices Tick Up For Eighth Straight Week

Apr 08, 2019 at 17:41 | Julianne Geiger

Drivers in the United States are paying more at the pump over the last eight weeks, as retail gasoline prices now averages $2.75 per gallon in the US, according…

Asian LNG Glut Stronger Than China’s Robust Demand Growth

Asian LNG Glut Stronger Than China’s Robust Demand Growth

Apr 08, 2019 at 17:27 | Julianne Geiger

China is set to import massive amounts of LNG in 2019 as part of its determined push to switch away from coal and toward the lower emissions natural gas, but…

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