Charles is a writer for Oilprice.com
The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger…
War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for…
U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of…
Natural gas markets have experienced a dramatic change in just the past two months, upending forecasts about a protracted period of oversupply. The EIA reported…
2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as…
Even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades. In 2016,…
Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas…
Egypt has signed several large deals with a handful of oil majors, which could lead to more oil and gas production in the energy-starved nation.…
Oil prices are up on expectations that OPEC will contribute to a faster balancing in 2017, with up to 1.8 million barrels per day in…
In a normal year, double-digit returns for the average investor would be a cause of celebration. But 2016 was not a normal year. At the…
Indeed, it’s time to give Santa’s reindeer a break, so this year, rumor has it, they’re just along for the ride as Santa goes electric,…
Oil prices are rising and speculators are already staking out bullish positions on futures for the next few months, but some traders are rolling the…
The offshore oil industry could cut exploration costs by more than 30 percent if it would just agree to use standardized equipment, according to the…
A nearly $2 billion natural gas deal could signal a sign that companies are interested in gas drilling again after a long downturn. Gulfport Energy…
Baker Hughes has reported yet another increase in the U.S. oil and gas rig count this week, with 16 more rigs coming online. The previous…
Saudi Arabia will turn to solar for electricity, which could allow it to export a lot more oil. The connection between solar and oil is…
Is it possible that killer whales could cut into the long-term growth of Canada’s oil sands? Environmental groups are suing the Canadian government over its…
The Koch brothers are taking on a proposed border tax that could crop up in the Republican plan for a monumental tax overhaul, arguing that…
Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes…
Iraq added more uncertainty to the integrity of the OPEC deal this week, hinting that it would not make cuts to oil production immediately next…