Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
Oil prices have surged more than 20 percent in the last two weeks but there is quite a bit of disagreement over whether or not…
The Saudi economy is stabilizing after the government implemented pivotal reforms in order to address a fiscal and economic crisis because of plunging oil prices.…
Oil entered bear market territory this week as WTI and Brent fell more than 20 percent from their June peaks. WTI even dropped below $40…
Another oil price downturn threatens to deepen the plunging levels of investment in upstream oil and gas production, which could create a more acute price…
Oil prices are falling once again, and WTI was flirting with sub-$40 per barrel during midday trading on Monday. The story has been the same…
Royal Dutch Shell disappointed with its second quarter earnings, reporting numbers much lower than what analysts had expected. Shell’s profits fell by 72 percent, dropping…
Oil prices plunged on Wednesday as the EIA shocked traders once again, raising the possibility that the oil markets are not as close to “balance”…
Second quarter earnings season is underway and BP was the first oil major to kick off the fun. The British oil giant reported its third…
The oil price rally came to a quick end in June, topping $50 per barrel but quickly falling back again. Optimism stemming from the four-month…
When oil analysts look at the markets to try to get a sense of where oil prices are heading, one of the great unknowns, at…
Oil prices sank on Thursday following fresh data showing oil and product stocks rising to an all-time high. The EIA released its weekly data on…
Crude oil prices hit a 10-week low on Tuesday, but one piece of data from Saudi Arabia could provide a glimmer of hope for those…
The Republican National Convention is underway and the Democrats will host their version next week. While countless articles have been written about the differences between…
In June 2015, oil prices surged to $60 per barrel, raising hopes that the oil price downturn would have been brief and the recovery swift.…
Conflicting data out of China is causing the oil markets to seesaw a bit, amid confusion over whether or not the world’s second largest economy…
Venezuela’s oil production plunged to a 13-year low in June as the economic crisis continues to eat into the nation’s only source of export revenue.…
U.S. shale is the lowest cost option for new oil production and is likely to be more competitive than conventional offshore drilling, according to a…
OPEC expects oil demand to remain strong through 2017, but downgraded its assessment because of the Brexit result. In its latest monthly Oil Market Report…
After oil prices rallied more than 80 percent between February and June, WTI and Brent have fallen back more recently, dropping from above $50 to…
The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the U.S. could begin drilling anew.…