Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Following the massive sell-off on Thursday, oil prices dipped again early on Friday as bearish sentiment continued its hold on the market. As of 9:47…
The world’s largest oil exporter, Saudi Arabia, increased its crude oil exports to 6.582 million barrels per day (bpd) in January 2021, up from 6.495…
India’s growing demand for oil and its plans to rely less on crude from its biggest supply region, the Middle East, is set to support…
The spot oil market for physical barrels in the key demand region, Asia, started to weaken in the middle of this week, as purchases from…
Early findings in an ongoing four-year study of enhanced oil recovery of heavy oil in Alaska’s North Slope have shown promising results that could potentially…
The Liza Phase 1 offshore project—Guyana’s first oil-producing project led by ExxonMobil—has reached its full planned production capacity of some 130,000 barrels per day (bpd),…
Oil prices plummeted by 4 percent on Thursday morning, as a rising U.S. dollar, rising U.S. crude inventories, and fresh setbacks in vaccination programs in…
U.S. gasoline demand has rebounded to nearly pre-pandemic levels, but after a horrendous 2020, American refiners are looking to cut costs wherever and whenever possible…
Lower production of U.S. natural gas and rising global demand for the commodity are setting the stage for a bull market in natural gas in…
Qatar, one of the richest countries in the Middle East thanks to its massive liquefied natural gas (LNG) exports and oil reserves, plans to build…
Oil prices erased earlier gains and traded lower on Wednesday morning, following an estimate by the International Energy Agency (IEA) that no supercycle for oil…
Global oil demand will take until 2023 to return to the pre-pandemic levels of 100 million bpd, but COVID-19 will change parts of consumer behavior…
The pandemic didn’t deter booming wind power capacity additions last year when global installations surged to record levels, driven by China and the United States.…
The price index for U.S. imports rose by 1.3 percent in February 2021 as higher oil and natural gas prices resulted in a surge in…
Oil production from the seven largest U.S. shale regions is set to decline by 46,000 barrels per day (bpd) in April, but output in the…
The world needs to shift energy investments to low-carbon energy sources and boost those investments by 30 percent to a total of US$131 trillion by…
Oil prices fell for the third day in a row on Tuesday as the third wave of coronavirus infections in Europe and slowing vaccine rollouts…
The world’s top oil exporter, Saudi Arabia, wasn’t just thinking about the global oil market when it rolled over its extra production cut into April…
The UK is exploring the option to ban new offshore oil and gas exploration licenses in what could be a radical move away from fossil…
U.S. exports of liquefied natural gas to Asia surged by 67 percent in 2020 as total LNG exports out of the United States jumped by…