Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil industry representatives have pitched for discussion to the U.S. Administration the idea that Washington buy cheap crude oil to replenish the Strategic Petroleum Reserve,…
A research team is close to patenting a new technique to extract lithium from brine that could revolutionize the lithium extraction process and potentially cut…
China’s independent refiners, which buy a fifth of total Chinese crude oil imports, are increasing their run rates and buying ultra-cheap crude, taking advantage of…
Due to the coronavirus outbreak weighing on economic growth, OPEC now sees global oil demand rising by mere 60,000 bpd in 2020 after it has…
Even before the collapse of the OPEC+ talks last Friday, Saudi Arabia’s finance ministry had asked government agencies to propose a 20-30 percent cut in…
OPEC’s third biggest producer, the United Arab Emirates (UAE), is entering the oil price war as the Abu Dhabi National Oil Company (ADNOC) said on…
Russian oil companies will meet at the energy ministry on Wednesday to discuss if Russia’s producers should continue cooperation with OPEC, two sources with knowledge…
The U.S. sanctions on Iran’s oil sector are impacting the Islamic Republic’s ability to potentially increase production in the long term if the U.S.-Iran tensions…
Despite the break-up of the OPEC+ production cut agreement, “the doors aren’t closed” to future cooperation between Russia and OPEC, Russia’s Energy Minister Alexander Novak…
Russia can raise its oil production by 200,000 bpd to 300,000 bpd in the short term, with a potential for up to a total increase…
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…
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…
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…
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…
Oil stocks have suffered a lot over the past half decade. First it was the 2014 oil price crash. Just as the oil industry…
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…
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…
Despite lower returns than offshore oil and gas, offshore wind will become an increasingly attractive investment destination in the energy transition. Global investments in…
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…
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,…