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Irina Slav


Contributor since: 17 Jan 2016

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

Latest articles from Irina

  • Is It Time To Refill America’s Strategic Petroleum Reserve?

    Published 29 December 2023 | viewed 19,021 times

    In late 2021, President Biden ordered the release of 50 million barrels of crude from the Strategic Petroleum Reserve to bring down the price of gasoline. Then,…

  • Oil Rises on Inventory Draw

    Published 28 December 2023 | viewed 11,909 times

    Crude oil prices moved higher today after the Energy Information Administration reported an estimated inventory decline of 6.9 million barrels for the week to December…

  • Fifth of Global Oil Trade Used Non-Dollar Currencies in 2023

    Published 28 December 2023 | viewed 9,898 times

    A fifth of global oil trade this year was settled in currencies different from the U.S. dollar as countries such as Russia and China move…

  • What’s In Store for Energy Markets in 2024?

    Published 27 December 2023 | viewed 3,341 times

    The year that is drawing to a close was a turbulent one, and not only for the oil industry. 2023 served up a reality check…

  • China and India Account for More Than 90% of Russian Oil and Fuel Exports

    Published 27 December 2023 | viewed 2,574 times

    China took in half of all the crude oil that Russia exported this year, with India a close second, Deputy Prime Minister Alexander Novak said…

  • European Funds Face Forced Oil, Gas Divestment

    Published 27 December 2023 | viewed 2,944 times

    ESG funds operating in Europe are facing a forced divestment from oil and gas companies under new French regulations. Per the new regime, ESG funds…

  • Iran Reports Growth in Oil, Gas Exports

    Published 27 December 2023 | viewed 2,851 times

    Iran has exported $26.46 billion worth of crude oil since the start of its calendar year, in March, contributing to a 7% increase in total…

  • Oil Jumps on New Red Sea Ship Attack

    Published 27 December 2023 | viewed 6,358 times

    Crude oil rose on Tuesday following the latest strike by Yemen’s Houthis on a container ship in the Red Sea and retained the gain when…

  • Is the ESG Investment Bubble Bursting?

    Published 23 December 2023 | viewed 5,093 times

    Environmental, social, and governance-focused investment was all the rage a couple of years ago. The impulse to signal an environmentally or socially responsible reputation was…

  • China's Renewable Energy Capacity Tops 50% Milestone

    Published 22 December 2023 | viewed 3,663 times

    Renewable energy generation capacity in China has surpassed 50% of the total this year, China Daily reported today, noting that share was in excess of…

  • BP Leads Oil Majors in Rerouting Ships Away from Red Sea

    Published 22 December 2023 | viewed 1,945 times

    Oil and fuel tankers passing through the Bab el-Mandeb strait in the Red Sea have declined in numbers significantly following the string of vessel attacks…

  • Oil Could See Second Weekly Gain in a Row

    Published 22 December 2023 | viewed 2,474 times

    Oil prices have added 4% since the start of the week and may book the second consecutive five-day trading period for the past two months.…

  • China Steps Up Shale Gas Exploration, Production

    Published 21 December 2023 | viewed 5,717 times

    China's natural gas consumption hit an all-time high this weekend amid a cold wave that froze parts of the country. One of the biggest gas…

  • OPEC Influence Wavers as U.S. Shale Roars Back

    Published 21 December 2023 | viewed 12,351 times

    In April this year, OPEC surprised oil markets by announcing additional production cuts in a bid to stimulate prices to go higher. Prices did go…

  • Biden Admin Considers Hiking Tariffs on Chinese EV Imports

    Published 21 December 2023 | viewed 890 times

    The federal government is considering higher tariffs for Chinese EV imports in a bid to protect local manufacturing incentivized by IRA stipulations, the Wall Street…

  • U.S. Oil Production Growth Stalls in Q4

    Published 21 December 2023 | viewed 4,259 times

    Crude oil production growth in the U.S. slowed down significantly in the fourth quarter of the year from the prior three months, although natural gas…

  • EIA Reports Significant Build in Oil and Fuel Stocks

    Published 20 December 2023 | viewed 9,409 times

    Crude oil prices moved lower today after the U.S. Energy Information Administration reported an estimated inventory increase of 2.9 million barrels for the week to…

  • U.S. Leads Coalition Protecting Red Sea Shipping Routes

    Published 19 December 2023 | viewed 1,570 times

    The United States is leading a coalition of half a dozen countries to step up the protection of shipping routes in the Red Sea amid…

  • Oil Prices Hit Two-Week High on Red Sea Shipping Disruptions

    Published 19 December 2023 | viewed 4,117 times

    Crude oil prices hit the highest in two weeks following BP’s announcement it will temporarily reroute its tankers away from the Red Sea amid intensifying…

  • Oil Prices Poised to Bounce Back in 2024

    Published 18 December 2023 | viewed 32,545 times

    Crude oil prices are at lows not seen in months. There seem to be few factors capable of changing that. Yet commodity analysts seem to…

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