Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Russia’s oil production hasn’t changed so far this month as demand and prices came down crashing, and the questions remains whether Moscow will live up…
Although the new OPEC+ agreement goes into effect on May 1, OPEC’s fourth-largest producer, Kuwait, has already started to reduce crude oil supply to international…
After the WTI Crude futures collapsed into negative territory this week, some brokerages have started to limit the ability of their smaller customers to place new trades…
The world has come to a standstill as billions of people are under lockdown, with many businesses closed. But hackers never sleep. Opportunistic malicious actors…
Collapsing demand and brimming storage in the United States, Canada’s almost exclusive oil outlet, have resulted in a very usual situation in the Canadian oil…
The U.S. Commodity Futures Trading Commission (CFTC) is investigating whether non-American traders had obtained insider information about Russia’s position in the OPEC+ negotiations last month,…
The world’s third-biggest oil importer, India, saw its imports from OPEC producers slump to a 19-year-low in the fiscal year 2019/2020 ended in March, Reuters reported on…
Consumption of petroleum products in the world’s top oil consumer, the United States, has fallen to its lowest level in decades, as lockdowns restrict travel…
Even if the U.S. government will install an outright ban on Saudi oil, it won’t make much of a difference considering the huge demand destruction…
Due to plummeting fuel demand and overflowing storage capacity, at least three oil refiners in India have asked for lower crude oil imports for May…
As oil prices collapse, Shell is postponing the final investment decisions (FIDs) for two planned projects, one in the U.S. Gulf of Mexico and another…
Saudi Arabia has made good on its early-March promise to flood the world with oil, but with demand collapsing and storage filling fast, the world’s…
Following the turmoil in international oil markets, Bank of China suspended on Wednesday the opening of new positions in a structured crude oil trading product for retail…
An oil analyst who warned of negative oil prices a month ago now says that the WTI Crude futures prices could crash to as low…
The current situation in the oil market with prices plummeting is tough, but the market shouldn’t be judged by a one-day or even a week-long…
The oil price meltdown will affect Mexico’s economy and is bound to deepen the global economic crisis, Mexican President Andrés Manuel López Obrador said on Tuesday, a…
As the oil market meltdown intensified a week after the new OPEC+ production cut deal, Saudi Arabia has hinted for a second time in two…
The current situation on the oil market with too much supply and collapsing demand is similar to what happened in the middle of the 1980s…
The unprecedented situation on the oil market these days has led to yet another industry first. For the first time ever, Chinese refinery throughput has…
U.S. President Donald Trump has instructed his administration to look into ways to make funds available to the American oil and gas produces who are…