Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations
This weekend, OPEC and its partners managed to agree on a historic oil production cut to the tune of 9.7 million bpd. The initial number…
Investor Alert: OPEC and its partners are about to orchestrate the largest oil production cut in history, and a small number of oil & gas…
Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a potentially ‘huge’…
After having crashed nearly 70 percent in the first three months of 2020, benchmark WTI prices are trying to form a bottom around $20 per…
As the oil war and coronavirus demand destruction rage on, WTI crude prices briefly dipped below $20 per barrel, but many prices aren’t even fetching…
Fossil fuels are the primary source of energy in the world today. But people started using fossil fuels long before the first steam engine running…
Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil…
Both oil and stocks rallied on Tuesday morning as news of a Fed stimulus initiated some bullish sentiment in markets, but poor fundamentals are likely…
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the…
With WTI crude seeing its third-worst trading day on record, Russia is beginning to feel the squeeze as it sees its oil and gas income…
After having instructed Aramco to boost production to unseen levels, Saudi Arabia now plans to boost oil exports in May to a record 10 million…
As markets brace for yet another week of total liquidation (even gold fell below $1500), oil drillers are preparing for the worst. Last time crude…
Oil prices have fallen nearly 50 percent since the start of the year and the short-term outlook isn’t looking very promising as OPEC and Russia…
The increasingly desperate situation in oil markets has forced down big names in energy to 16-year lows as crude prices tumble into the lower $30…
Oil prices crashed after Russia and Saudi Arabia announced that they will abandon OPEC production quotas and open the taps, and while drillers and oilfield…
Oil is climbing back up after falling over 25% on Sunday, but will the rally last? (Click to enlarge) (Click to enlarge) (Click to enlarge)…
It appears that the OPEC+ alliance may soon be over as Russia refuses to cut and its oil minister hints at increasing production. (Click to…
(Click to enlarge) (Click to enlarge) (Click to enlarge)Chart of the Week (Click to enlarge)- U.S. oil production averaged 12.23 mb/d in 2019, up…
Oil rallied on Tuesday morning, along with equity markets after the U.S. Federal Reserve announced an emergency rate cut of 50 basis points. The news…
As fears of the coronavirus outbreak reaching pandemic levels continue to spread, markets have taken a beating. Investors are panic selling and nearly every sector…