Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Following a 6-percent weekly gain last week, oil prices were slightly up on Monday morning, erasing earlier losses as the U.S. dollar weakened again. As…
Higher Chinese crude oil imports and increased domestic production led to a jump in crude volumes directed to storage in the world’s top oil importer…
Libya’s crude oil production, which has stabilized in recent months at just over 1.2 million barrels per day (bpd), could drop in the coming days…
The world’s largest oil company and biggest oil exporter, Saudi Aramco, has resumed tendering and development work on major offshore oil expansion projects that would…
The OPEC+ alliance will gradually ease the collective production cuts between May and July, as the ministers agreed earlier this month, Russia’s Deputy Prime Minister…
The number of North American producers that filed for bankruptcy protection in the first quarter of 2021 reached the highest number for a first quarter…
Shell expects to have produced 75 percent of its current proved oil and gas reserves by 2030, and only around 3 percent after 2040, the…
The U.S. oil industry faces a new oil price war if shale production rebounds next year by rising 1 million bpd compared to this year,…
Brent Crude oil prices could fall to $10 per barrel by 2050 if the world accelerates the energy transition with decisive action to achieve the…
Meeting rising gasoline demand heading into the summer months is the best bet for U.S. refineries to stop the losses they had incurred last year…
Brazil is studying the possibility to finance a future fund to subsidize domestic fuel prices with part of the proceeds it expects to receive from…
The U.S. power sector has reduced emissions by 52 percent from levels projected 15 years ago, and is now “halfway to zero,” a New Berkeley…
Saudi Arabia’s state oil giant Aramco, the world’s largest oil exporter, will meet only part of the nominations for crude from the European and Mediterranean…
Recent rallies in the prices of key battery metals such as lithium and cobalt could slow down the adoption of electric vehicles (EVs) as higher…
As many as 375 local and state elected officials are calling on the Biden Administration to institute a ban on new oil and gas drilling…
The markets are not headed to a new supercycle in oil, and $100 a barrel oil is still a very distant possibility unless major unexpected…
Conservative candidate Guillermo Lasso, 65, won the presidential election in South American oil producer Ecuador, and said he would propose new oil deals to private…
In a bid to reduce refining overcapacity, China is stepping up pressure on independent refiners to uproot illegal tax practices and check if outdated facilities…
The major international oil companies have seen their average crude reserves drop by 25 percent over the past five years, which could be a challenge…
U.S. national average gasoline prices have been rising in most weeks so far this year, and are expected to reach the highest summer prices since…