Tsvetana Paraskova

Latest articles from Tsvetana

• Oil Rebounds 9% After Historic Loss

  Published 10 March 2020 | viewed 28,876 times

  Hopes of economic stimulus amid the coronavirus outbreak helped oil prices to rebound on Tuesday and rise by 9 percent, recouping some of the massive…

• Oil Crash Could Trigger A Recession In The Middle East

  Published 09 March 2020 | viewed 27,797 times

  The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the…

• Standard Chartered Slashes WTI Oil Price Forecast To $32

  Published 09 March 2020 | viewed 22,928 times

  Expecting a fierce and protracted oil price war, Standard Chartered slashed on Monday its oil price estimates for this year and next, saying WTI Crude…

• IEA: Oil Demand To Drop For First Time Since 2009

  Published 09 March 2020 | viewed 26,600 times

  Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said…

• Investor Exodus Leaves Oil Stocks In Disarray

  Published 09 March 2020 | viewed 31,162 times

  Oil stocks have suffered a lot over the past half decade.   First it was the 2014 oil price crash. Just as the oil industry…

• Russia Can Live With $25 Oil For Years

  Published 09 March 2020 | viewed 45,839 times

  After oil prices collapsed in the worst drop in nearly three decades—courtesy of the renewed Saudi-Russia rivalry on the oil market – Russia’s Finance Ministry…

• Goldman Sachs: Prepare For $20 Oil

  Published 09 March 2020 | viewed 75,285 times

  The oil market is heading into a whole different era now that Saudi Arabia and Russia are squaring off in an all-out oil price war…

• Offshore Wind To See $200+ Billion Expansion By 2025

  Published 07 March 2020 | viewed 24,106 times

  Despite lower returns than offshore oil and gas, offshore wind will become an increasingly attractive investment destination in the energy transition.   Global investments in…

• U.S. Net Petroleum Exports Hit Highest Ever In February

  Published 06 March 2020 | viewed 52,431 times

  The United States was a net exporter of crude oil and petroleum products last month, with the four-week average net imports at a negative 907,000…

• Oil Prices Collapse 8% As Novak Tells OPEC+ To Pump At Will

  Published 06 March 2020 | viewed 32,925 times

  Oil prices plunged by more than 8 percent on Friday, as the market continued to digest unfavorable OPEC news, the latest of which was Russian…

• OPEC Compliance Hit 136% Before Talks Failed

  Published 06 March 2020 | viewed 15,600 times

  OPEC+ oil producers overcomplied with their collective production cut deal in January, thanks to overcompliance from OPEC members, Russia’s TASS news agency reported on Friday,…

• Oil Nosedives As OPEC Fails To Strike A Deal

  Published 06 March 2020 | viewed 39,505 times

  Oil prices tumbled on Friday as OPEC and its Russia-led non-OPEC allies failed to agree on deeper cuts, Bloomberg and Reuters report. OPEC failed to…

• Saudi Aramco Waits For OPEC+ Decision To Price Its April Oil

  Published 05 March 2020 | viewed 22,559 times

  Saudi Arabia’s oil giant Aramco usually tells customers on the 5th of each month how much they will pay for Saudi crude oil for the…

• Venezuela Can't Afford To Tackle Its Gas Flaring Problem

  Published 05 March 2020 | viewed 11,502 times

  An energy consultant who had worked for Shell for decades has started talks with Venezuela’s state oil firm PDVSA to help it reduce gas flaring…

• Glencore Managers Bail To Form Own Energy Trading Startup

  Published 05 March 2020 | viewed 12,615 times

  Two senior Moscow managers at Glencore have left the commodity trader for their own start-up that will trade energy resources and supply equipment in Russia,…

• Analysts Continue To Slash Oil Demand Growth Estimates

  Published 05 March 2020 | viewed 8,971 times

  As the coronavirus spreads fast outside China, dampening consumer and business sentiment, analysts continue cutting their forecasts of oil demand growth this year. In one…

• Exxon Keeps Up $35 Billion Annual Spending Despite Oil Rout

  Published 05 March 2020 | viewed 18,333 times

  U.S. supermajor ExxonMobil maintains its strategy for capital expenditures between US$30 billion and US$35 billion each year through 2025, chairman and CEO Darren Woods said…

• OPEC Slashes Oil Demand Growth Forecast To 480,000 Bpd

  Published 05 March 2020 | viewed 16,842 times

  The coronavirus outbreak is dealing a heavy blow to global oil demand, which is now expected to grow by just 480,000 bpd in 2020, compared…

• Coronavirus Hurts Middle East Economies Beyond Oil

  Published 04 March 2020 | viewed 31,240 times

  The Middle East oil exporters are grappling with depressed demand in their key market, China, due to the coronavirus outbreak. The economies of the Arab…

• Europe Looks To Pass 2050 Net Zero Carbon Goal Into Law

  Published 04 March 2020 | viewed 8,170 times

  The European Commission proposed on Wednesday enshrining the European Green Deal’s commitment for carbon neutrality by 2050 into legislation, as part of the European Union’s…