Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Improving supply and demand fundamentals have prompted Credit Suisse to raise its short and long-term forecasts for oil prices, expecting the average Brent price at…
Iran looks to export its first oil cargo from a terminal on the Sea of Oman without the need for tankers traveling through the Strait…
The agreement which OPEC+ reached on Sunday is modestly bullish for Goldman Sachs’s forecast that Brent will hit $80 per barrel this summer, the investment…
Oil prices dropped by 5 percent early on Monday, with WTI Crude slipping to $67 per barrel, after OPEC+ decided on Sunday it would start…
China saw its first-half crude imports drop year over year for the first time in a first half in eight years, sparking concerns in the…
Chinese investors haven’t yet disbursed US$1.8 billion that the Nigerian National Petroleum Corporation (NNPC) was expecting so it could proceed with the construction of a…
Nigeria's House of Representatives voted on Friday to approve a new petroleum industry bill in Africa's top oil producer and exporter, putting an end to…
Greenland is abandoning its ambition of 50 years of becoming an oil-producing nation, suspending its oil exploration strategy because of environmental and climate concerns. Greenland,…
OPEC pumped 26.03 million barrels per day (bpd) of oil in June—up by 590,000 bpd from May, the cartel said on Thursday as it predicts…
It is not a great time to be an oil pipeline developer or operator in North America these days. Policymakers are canceling projects and threatening…
World oil demand is expected to surpass the 100 million barrels per day (bpd) mark in the second half of 2022, thanks to solid economic…
Oil prices dropped early on Thursday as the market assesses the prospect of higher crude supply from the OPEC+ group after a reported compromise between…
Global power demand is rising so fast this year after the 2020 slump that even the continued strong growth of renewable electricity generation will not…
China, the world's largest polluter, is set to launch its nationwide emissions-trading system on Friday, sources with knowledge of the plans told The Wall Street…
Cuba has seen in recent days the biggest protests in decades as thousands of people took to the streets in the Communist-run country to demand…
The European Commission unveiled on Wednesday its latest plan to support the European Union in becoming a carbon-neutral bloc by 2050 and slash net greenhouse…
Oil prices steadied on Wednesday morning before the EIA inventory report after a reported compromise between Saudi Arabia and the UAE over baseline production levels…
Saudi Arabia and the United Arab Emirates (UAE) have resolved their nearly two-week-long standoff over baseline production levels that was blocking a unanimous OPEC+ deal…
The upstream oil and gas business is recovering from one of the worst slumps in recent memory as oil prices sit at around $75 per…
The world’s largest oil exporter, Saudi Arabia, is expected to keep its careful government spending policy this year, regardless of how high oil prices would…