Irina Slav

Latest articles from Irina

• Tesla Could Be Worth $1200 Per Share Next Year

  Published 02 February 2021 | viewed 11,978 times

  One thousand and two hundred dollars: this is how much investment firm Piper Sandler expects the stock of Tesla (NASDAQ:TSLA) to be worth in a…

• BP Reports Massive Loss For 2020

  Published 02 February 2021 | viewed 9,283 times

  The second supermajor to report full-year results, BP, said today it had lost $5.7 billion last year because of the oil price slump and demand…

• A Glimmer Of Hope For Oil Markets

  Published 01 February 2021 | viewed 14,981 times

  Oil was off to a reasonably good start this year thanks to the start of a vaccination push and a Saudi commitment to cut more…

• Exxon And Chevron Discussed Merger In 2020

  Published 01 February 2021 | viewed 4,919 times

  The two largest oil companies in the United States, Exxon and Chevron (NYSE:CVX), were in talks to merge amid the pandemic crisis last year, the…

• OPEC+ Boasts 99% Compliance With Cuts

  Published 01 February 2021 | viewed 5,064 times

  OPEC+ members complied almost completely with their production cut quotas last month, an unnamed source from the extended cartel told Bloomberg. At 99 percent, according…

• Europe’s Unforeseen Renewables Problem

  Published 31 January 2021 | viewed 16,478 times

  Earlier this month, something happened in Europe. It didn’t get as much media attention as the EU’s massive funding plans for its energy transition, but…

• Tesla To Boost Capacity At Shanghai Gigafactory

  Published 29 January 2021 | viewed 4,167 times

  Tesla will increase the capacity of its gigafactory in Shanghai to 450,000 cars this year from the current 250,000 as the vehicles produced there enjoy…

• Tiny Oil Company Gets 1000% Wall Street Bets Bump

  Published 29 January 2021 | viewed 108,006 times

  An oil company producing the equivalent of 70 barrels of oil daily surged in value almost 1,000 percent to $128 million thanks to a surge…

• Can Big Oil Surprise This Earnings Season?

  Published 28 January 2021 | viewed 6,191 times

  Rising oil benchmarks and rebounding share prices: two things Big Oil majors had all but forgotten last year. Yet helped by OPEC+ and Big Pharma,…

• Russia Expects Oil Between $45 And $80 By 2035

  Published 28 January 2021 | viewed 4,283 times

  Crude oil prices will trade in a range between $45 a barrel and $80 a barrel in the period until 2035, under a set of…

• OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices

  Published 28 January 2021 | viewed 11,967 times

  The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secretary-general…

• Is This The End Of Alberta’s Oil Industry?

  Published 27 January 2021 | viewed 13,771 times

  A week ago, President Joe Biden did what many in Alberta feared: he revoked the permit for the Keystone XL pipeline—on his first day as…

• Oil Prices Jump On Large Inventory Draw

  Published 27 January 2021 | viewed 23,160 times

  Crude oil prices jumped higher today after the Energy Information Administration reported a crude oil inventory draw of 9.9 million barrels for the week to…

• Texas Regulator Slams BP For Flaring

  Published 27 January 2021 | viewed 4,113 times

  The Texas Railroad Commission has gotten a chance to strike back at BP, which last year urged it to reduce flaring in the state. BP…

• Big Oil's Exploration Cuts Exacerbate Supply Deficit

  Published 26 January 2021 | viewed 16,163 times

  The idea that crude oil could ever again hit three-digit price levels may sound ridiculous at a time when slack demand amid a pandemic has…

• Pipeline Shortage Leads To Surge In Canadian Oil-by-Rail Exports

  Published 26 January 2021 | viewed 6,085 times

  Canadian crude oil exports transported by rail soared by 87 percent on the month in November as producers had little else to do given the…

• Biden To Replace Federal Fleet With EVs

  Published 26 January 2021 | viewed 4,028 times

  President Joe Biden has vowed to replace the almost 650,000-strong federal vehicle fleet with electric cars as part of his climate agenda. “The federal government…

• Saudi Arabia Is On The Brink Of Losing Control Of Oil Markets

  Published 25 January 2021 | viewed 33,075 times

  When earlier this month Saudi Arabia served “a wonderful surprise” to oil markets in the words of its energy minister, oil prices jumped up. After…

• Libya’s Petroleum Guard Shuts Down Oil Port

  Published 25 January 2021 | viewed 4,598 times

  The Petroleum Facilities Guard has shut down the Hariga oil port in eastern Libya after the National Oil Corporation delayed the payment of salaries for…

• Iraq Slashes Oil Output To Compensate For Overproduction

  Published 25 January 2021 | viewed 4,079 times

  Iraq will pump less oil this month and next to make up for excess production last year, the deputy chief of SOMO, the oil marketing…