Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory build of 2.1 million barrels for the week to July 16.…
When President Biden served the death blow to the Keystone XL pipeline this January, environmentalists rejoiced. Canadian oil exports to the United States, however, did…
Two years ago, Wall Street banks were on their way out of a long-term relationship with the oil industry. Now, with oil prices over $70…
President Biden and Chancellor Angela Merkel agreed to disagree on the Nord Stream 2 gas pipeline project of Gazprom during Merkel's visit to Washington. Per…
Angola has received 15 bids for a total of nine oil blocks the government tendered in 2020, Energy Voice reports, citing the Africa Energy Chamber…
Consolidation is a troubled industry's best friend—and last year's crisis in oil and gas brought about by the pandemic was no exception. Mergers and acquisitions…
Iran will not return to the negotiating table with the United States until it forms a new government, The Washington Post has reported, citing U.S.…
Goldman Sachs has reiterated its $80 price forecast for Brent crude despite reports that Saudi Arabia and the United Arab Emirates had reached a deal…
Crude oil prices inched higher today after the Energy Information Administration reported a crude oil inventory draw of 7.9 million barrels for the week to…
The United States has decided to temporarily waive sanctions on Iranian oil funds abroad but without returning Tehran's access to its bank accounts in Japan…
Crude oil has been having a great 2021 so far—a very different situation to last year’s when the pandemic devastated demand for all commodities fueling…
China’s crude oil imports fell to some 9.77 million barrels daily last month, down 2 percent on May and the lowest monthly level since the…
OPEC+ could take until August to decide whether to adjust production baselines, Arab News reported, citing JP Morgan analyst Christian Malek. According to Malek, the…
When last year BP vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came…
About 90 percent of the work on the Iran nuclear deal has been done, but the 10 percent that remains might prove a tough nut…
Earlier this month the International Energy Agency had yet another dire warning for those concerned about the welfare of the planet. Natural gas demand, the…
Angola is seeking buyers for state insurer ENSA as part of a privatization drive that also includes the partial sale of state oil major Sonangol.…
Crude oil demand will rebound to pre-pandemic levels by the first quarter of 2022, according to Wayne Gordon, executive director of commodities and forex at…
The UAE took oil market watchers by surprise this month when it dug its heels in and refused to agree to an extension of the…
Crude oil prices rose higher today after the Energy Information Administration reported an inventory draw of 6.9 million barrels for the week to July 2.…