Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations
ExxonMobil has decided to withdraw as of May 31 from a joint venture operating agreement for an oil and gas field in Colombia, the partner…
Oil prices gained over 2% on Wednesday amid the release of U.S. consumer price data for March showing consistent inflation pressure that has analysts predicting…
The national average for a gallon of gasoline in the United States has risen for the second week in a row, up 8.8 cents from…
Oil prices are not going anywhere near $100 per barrel despite the latest production cuts announced by members of the OPEC+ group, as U.S. supply…
West Texas Intermediate (WTI) prices have gained 1.6% by midday Thursday, as banking crisis fears further eased and with no resolution in sight yet for…
Yesterday we reported about the Energy Transfer LP takeover of midstream operator Lotus energy and the Brookfield Renewable Partners acquisition of Australia’s Origin Energy for…
The only certainty an oil industry observer can bank on right now is that no one understands the markets. The extreme end of globalization has…
Oil prices rose by 2% early on Monday, with the U.S. benchmark up above $70 a barrel again, driven up by a halt to Kurdistan’s…
New U.S. and Canadian LNG export projects show signs of accelerating but volatile natural gas prices are making bets on future supply and demand difficult,…
In his annual letter to businesses, BlackRock CEO Larry Fink emphasized that climate risk remains a major investment risk, but stated that the company will…
After losing between 6-7% on Wednesday, oil prices are taking a toll on energy equities, with European giants shedding 6-8% and American oil companies down…
The tech market has yet to bottom out, and investors should be avoiding the mega-caps at all costs, but there are emerging stars from AI…
Oil prices fell over 1% on Wednesday after fears of more aggressive rate hikes by the U.S. Federal Reserve continued to compound, with losses extending.…
After having reported its earnings last Wednesday, newly installed Petrobras CEO Jean Paul Prates already prepared shareholders for a change of strategy by saying that…
Events in China, not Russia, drove oil prices this past year, and now that Chinese manufacturing activity is on the upswing, the next 12-18 months…
Petrobras shares fell at the beginning of the week as investors worry the policies of recently installed President Lula da Silva could erode the profitability…
Chesapeake Energy will be slowing drilling for 2023 amid a sustained plunge in natural gas prices, with other operators following suit in the American shale…
After rebounding by some 5% earlier this week on China demand recovery optimism, crude oil prices have shed over 1% on Thursday, following U.S. inventory…
Saudi Aramco has signed more than 100 agreements and memoranda of understanding (MoUs) worth $7.2 billion to support the local industrial and manufacturing sectors, the…
Oil continued to gain momentum this week, and despite fears of a slowdown in economic growth, the reopening of the Chinese economy is providing tailwinds…