Every gambler knows That the secret to survivin’ Is knowing what to throw away And knowing what to keep ‘Cause…
With West Texas Intermediate below $30 a barrel and Saudi Arabia’s plans to keep pumping as much as it can for as long as it…
This month’s unprecedented oil crash has sent shockwaves through the entire energy industry and beyond. It’s even gotten to industries that, in theory should be dancing on oil’s…
Conventional wisdom dictates that water and oil do not mix--at least for those of us who are not MIT engineers. But a new…
Oil prices may still be trading down by double digits from the start of the year, but WTI rallied on Thursday for what is probably its best day ever, increasing…
Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of truth to the statement, but…
Saudi Arabia continues to signal to the market that it is not backing down from the oil price war despite the crumbling oil prices amid coronavirus-hit demand and promises of…
The growing supply glut in oil markets could end up filling all storage tanks worldwide, potentially causing prices to drop even further Global oil storage could overflow in the coming…
Oil producers are facing their worst crisis in history, but the market is not at a bottom yet, according to several analysts. The millions of barrels of additional supply promised…
With WTI crude seeing its third-worst trading day on record, Russia is beginning to feel the squeeze as it sees its oil and gas income tumble while it…
The United States and China are in a race to the top of the energy storage game. Last year, the energy storage industry exploded in China, with Wood…
In just one month, the coronavirus outbreak blew out to a full-on pandemic, threatening to tip the global economy into recession and affecting every country, industry, and supply chain. …
Pipeline Master Limited Partnerships, (MLPs) were once the darlings of the energy industry. The CEO’s of companies like Kinder Morgan, (NYSE:KMI), Energy Transfer, (NYSE:ET), and Enterprise Products Partners,…
Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Anton Siluanov said on…
Deep in the throes of a deadly pandemic, nations everywhere are grappling with the grim reality of a global community on lockdown. Travel bans and…
Saudi Arabia will continue to supply a record 12.3 million barrels per day (bpd) to the oil market in the coming months, as per order from the energy ministry, the…
The markets can’t seem to catch a break, with the Dow dropping below 20,000 points for the first time since 2017 as the coronavirus crisis continues to fuel…
More than 200 small- and medium-sized oilfield services operators in Europe, or 20 percent of all European oilfield services firm, could go bust as the coronavirus epidemic will hit the…
The Iraqi Oil Minister, Thamer al-Ghadhban, has asked OPEC’s head, Mohammed Barkindo to call an extraordinary meeting of OPEC+ to “discuss all possible ways” to reverse the oil…
Crude oil prices fell further today, with WTI prices falling to 18-year lows, after the Energy Information Administration’s latest weekly inventory report that estimated a 2-million-barrel build for the…