Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
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…
Trading has been halted for the USO Fund LP that was responsible for sending WTI May crude futures into negative territory on Monday. The United…
The Texas oil and gas regulator, the Texas Railroad Commission, is meeting on Tuesday to hear testimony about potentially curtailing statewide oil production after U.S. oil…
Thanks to lower net imports of crude oil and higher net exports of natural gas, the gross U.S. energy exports hit a record-high in 2019,…
China doubled the fill rate at its strategic and commercial inventories in Q1 2020, taking advantage of the low oil prices and somewhat supporting the…
Lukoil, the second-largest oil producer in Russia, plans to slash its crude oil production by 18 percent, or by 290,000 bpd, as part of the…
The offshore drilling market is set to be one of the worst-hit in the oil price crash and demand collapse, as companies are reassessing drilling…
The highest number of Saudi oil shipments in years are making their way to the United States this month, threatening to make an already dire…
The front-month WTI crude contract crashed by 37 percent early on Monday as the May contract expires on Tuesday and the market fears there is…
Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid…
Investment in Mexico’s offshore oil sector is set to plunge by 21 percent between 2020 and 2025 compared to previous expectations, as the price crash…