The oil market is dramatically tighter than it was only a few months ago, driven by both supply cuts and outages, as well as by the surprising “resilience of demand,”…
Trump signed two executive orders to streamline and speed up the permitting of oil and gas pipelines, a move intended to weaken states’ rights and the ability of state governments…
The Senate has confirmed President Trump’s nominee to be the new U.S. ambassador to Saudi Arabia. Though Trump has been in office for more than two years, it will…
Electric car battery sales are projected to hit $60 billion by 2030, and Germany wants to grab the lead. That will be a tall wall to climb, with Chinese, Korean,…
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the…
Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…
This week president Donald Trump signed two executive orders aimed at speeding up the development and functionality of oil and gas projects in the United States. The orders will ease…
In a rare move of unity, the world agreed to curb global warming and reduce the emission of greenhouse gasses in Paris in 2016. Despite President Trump’s decision to unilaterally…
Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…
Deals, Mergers & Acquisitions - A number of deals related to Algeria’s state-run Sonatrach have already fallen by the wayside due to the country’s political crisis. But more precisely, big…
In trading, there are very few reliable technical signals, especially when it comes to predicting longer-term moves. Long-term shifts in direction usually come about due to fundamental changes in supply…
Friday April 12, 2019 1. Oil prices moving higher, but volatility lower- Oil prices hit fresh highs for…
Trader Alert: Oilprice.com has officially launched the much-anticipated Global Energy Alert service, a service that includes weekly intelligence…
The the number of active oil and gas rigs fell in the United States this week according to Baker Hughes. The total number of active oil and gas drilling rigs…
The U.S. crude oil production juggernaut continues to move forward. In 2018, U.S. production increased 17 percent over the previous year in a dynamic that is impacting both geopolitics as…
Chevron Corporation said on Friday that it had entered into a definitive agreement to buy Anadarko Petroleum Corporation in a stock and cash transaction valued at US$33 billion that…
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering an exit from its production…
The idea of opening up the waters off the coast of Florida to oil and gas drilling has been among the least popular ones of the Trump administration and yet…
The removal of long-time Sudanese dictator Omar Bashir by the Sudanese army has been hailed by some as a sign of a new “Arab Spring”. From a Western…
The oil industry hates electric cars for good reasons. Intelligent executives in the industry (of which there seem few) see electric vehicles (EVs) as a death threat to their business.…