Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
After the slump in global copper prices, a buying spree is brewing, a Citi commodity analyst has forecast. Copper prices slid to the lowest in…
Oil prices will not average more than $80 per barrel in the second half of this year, despite the most recent production cut announced by…
Crude oil prices inched higher today after the Energy Information Administration reported an inventory decline of 500,000 barrels for the week to June 9. This compared with an…
Traders are not buying the oil deficit story. That’s the conclusion that forces itself based on the latest oil and fuel buying and selling developments…
The European Union’s behavior is “anti-aviation” because of mandates obliging airlines to use so-called sustainable aviation fuels as a lower-carbon alternative to ht fuel. This…
This Monday saw what was perhaps one of the shortest oil price rallies following an OPEC+ meeting. The announcement of an additional production cut of…
Crude oil prices could add some $6 per barrel following the announcement of a 1-million-bpd production cut by Saudi Arabia. That’s according to Goldman Sachs,…
Crude oil prices rose by more than 1% in early trade today following the OPEC+ meeting that took place Sunday. At that meeting, Saudi Arabia…
A year ago, the Financial Times reported how maritime insurers were concerned that sanctions targeting Russian oil exports would disrupt global supply chains, lead to higher prices,…
Saudi Arabia is planning a second lithium processing plant as it seeks to capture a piece of the energy transition pie. The plant will be…
After dipping on news of another U.S. inventory build, crude oil prices rebounded after Senate voted to pass a debt ceiling bill that ended fears…
For the energy transition to happen, the world needs massive grid overhauls. This message has been overlooked for years as wind and solar stole the…
Crude oil prices moved higher moments before the Energy Information Administration reported an inventory build of 4.5 million barrels for the week to May 26. At…
The debt ceiling bill proposed after talks between President Biden and House Speaker Kevin McCarthy cleared the first hurdle, with the House of Representatives giving…
Indonesia is set to place caps on exports of liquefied natural gas, adding the commodity to a list of critical raw materials subject to export…
Saudi Arabia may reduce the official selling price of its flagship Arab Light grade for Asian buyers further, according to analysts polled by Reuters. The…
In January this year, at the Davos summit, the leader of Britain's Labour party, Keir Starmer, said that if Labour won the next elections, they would…
Crude oil prices retreated today in Asian trade following modest gains made on Monday on the news that President Biden and House Speaker and top…
Asian oil imports were due for a marked rebound this month after the end of the maintenance season. Chances are that a lot of the…
Crude oil began trading this week with a gain after President Biden and House Speaker Kevin McCarthy were reported to have reached a provisional agreement…