The world is not going to run out of oil. There is plenty of it. In fact, there is likely way more oil than we need, and much of it…
In among the multitude of threats that Iran has made public since the US sanctions on Iran were levied, Iran has now heralded the collapse of OPEC, if OPEC members…
The World Economic Forum (WEF) said last week that offshore wind energy is one of the most underused resources, with less than one-tenth of wind power based offshore. However,…
In a historic first, renewable energy may have generated more electricity than coal in the entire U.S. for the month of April. Coal has long been the backbone of the…
It's no secret that Beijing has chafed at American audacity to try and dictate whom Chinese refineries can and can't buy oil from. And in the latest example of just…
This week in oil is all about last week. Which is to say, the main force pushing markets is still the digestion of Trump’s surprise move to end Iran’s waiver…
Haftar Could Theoretically Take Over Libya’s Oil Exports Without Tripoli As General Haftar continues his offensive designed to take control of Tripoli and oil revenues, he is using the National…
The 6-month waivers granted by the Trump Administration to eight jurisdictions expired this weekend and the White House has made all but clear that it intends not to prolong any…
The global population of plug-in electric vehicles (PHEVs) is expected to reach 8.5 million by the end of 2019, according to EV Volumes, with an addition of 3.1 million passenger…
Brace yourself for a post-waivers era of total Iranian sanctions – this is the key message that the Trump Administration wants to convey to the global oil and gas community.…
Crude oil production from OPEC declined to the lowest in four years last month, a Reuters survey has suggested, largely because of the continued fall in Venezuelan output and…
Heightened volatility in oil prices as well as political instability will combine to pressure economic growth in the Middle East, the International Monetary Fund warned in the latest edition…
Crude oil traded lower today after the Energy Information Administration reported a substantial build in crude oil inventories, at 9.9 million barrels for the last week of April. The…
Oil prices dropped early on Wednesday after the API reported on Tuesday a surprise U.S. crude build that outweighed earlier bullish news of a coup attempt in Venezuela and Saudi…
Venezuela’s opposition leader, along with some factions of the military, have staged an attempted coup to overthrow President Nicolas Maduro. Standing alongside soldiers at a military base, opposition leader and…
For more than ten weeks, portfolio managers have been consistently amassing bullish bets in the most important petroleum futures contracts, as market fundamentals were pointing to OPEC over-delivering on the…
The global economy is once again showing some worrying signs of a slowdown, opening up a major downside risk to oil prices. Global trade volumes are declining for the first…
Last week the Trump administration announced that it will not be renewing six-month waivers granted to eight countries to continue buying limited quantities of Iranian oil, a move that shocked…
Investor Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to Global…
Challenging geology, insufficient infrastructure, and low well productivity are set to result in China badly missing its own shale gas production target to 2020, analysts say. China has set…