Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million…
The pandemic shock to demand and the energy transition strategies are set to bring peak crude and natural gas production for Big Oil in 2028,…
Oil prices extended Thursday’s losses into Friday morning as power returned in most of Texas, and oil producers were preparing to begin restoring the output…
Tesla Model 3 is the Top Pick in the electric car category of the annual ‘Best Cars of the Year’ report of Consumer Reports released…
Exports of liquefied natural gas (LNG) out of the United States are set to exceed America’s gross natural gas exports via pipeline on an annual…
Oil prices gave up earlier gains to trade lower just after noon on Thursday, while the severe winter storms continued to move east, leaving at…
OPEC’s second-largest producer, Iraq, boosted its crude oil exports by 4.4 percent to 3.44 million barrels per day (bpd) in the first two weeks of…
The lithium market is about to end a nearly three-year downturn of low prices and low investment in new supply because of those low prices.…
Oil producers need to remain extremely cautious as uncertainty on the market is still very high, Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said…
OPEC’s largest producer Saudi Arabia looks to reverse its unilateral extra production cut of 1 million barrels per day (bpd) after March ends, in view…
Saudi Arabia and Russia would like to continue their coordination to support oil market stability, the leaders of the two most influential members of the…
Berkshire Hathaway has invested US$4.1 billion in Chevron (NYSE:CVX) stock, Warren Buffett’s conglomerate announced in a filing with the SEC with holdings as of the…
Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation. The commodity bull run…
Tesla (NASDAQ:TSLA) will set up a car manufacturing unit in India, the chief minister of the state of Karnataka has said, as the U.S. electric…
While analysts and industry officials hail the tightening of the oil market and the rebalancing of supply and demand, the huge build of global stocks…
The global oil market is balanced and the current price of oil fully reflects this market situation, Russian Deputy Prime Minister Alexander Novak said in…
Portfolio managers further increased their long positions in the most traded petroleum contracts, with bullish bets focused almost entirely on the U.S. benchmark WTI Crude,…
The world’s third-largest crude oil importer, India, has been sourcing more and more oil in spot deals with exporters outside of the Middle East after…
The U.S. benchmark oil price rallied above $60 per barrel early on Monday, the highest price since January last year, as an Arctic winter blast…
The U-turn of the U.S. Administration’s energy policies under President Joe Biden sets the stage for a flourishing U.S. offshore wind industry, as the federal…