Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Refining margins in Asia have slumped by more than 50 percent since the middle of July as fuel market participants have accelerated the sell-off of…
Libya’s National Oil Corporation (NOC) reiterated on Friday its demand for a 67-percent pay increase for the workers in the oil and gas sector, the…
The United States is currently the world’s largest crude oil producer, but it still needs to import heavy varieties of oil, as most of the…
Tesla is at an advanced stage of talks with South Korea’s LG Chem to use batteries other than Panasonic’s for the electric vehicles it would…
While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with the U.S., announcing plans…
Hours after the most prominent climate activist among Democratic presidential hopefuls, Jay Inslee, quit the Democratic primary race, Bernie Sanders unveiled a US$16.3-trillion plan to…
Low liquefied natural gas (LNG) spot prices amid abundant supply and weaker Asian spot demand this year have helped Europe to fill its storage tanks…
One of the world’s largest carmakers, Germany’s Volkswagen AG, denied on Thursday a report that its chief executive officer was interested in buying a stake…
Just a week after resuming fracking at its UK site, Cuadrilla paused operations—yet again—after a tremor estimated to be the biggest yet since the UK…
Washington Governor Jay Inslee, who ran his campaign on fighting climate change, is withdrawing from the Democratic presidential primary race. “It’s become clear that I’m…
Amid internal and external economic uncertainties, Russia keeps a conservative budgeting policy and has its 2019 budget break even at an Urals price of $49.20…
The towns in the heart of the Permian in West Texas—once notoriously known as boom or ghost towns depending on the price of oil and…
Venezuela’s state-held oil firm PDVSA cut its debt to Russia’s largest oil producer Rosneft to US$1.1 billion at the end of the second quarter from…
Investors in high-yield riskier bonds of U.S. shale firms have caught up with equity investors in showing impatience over the mounting debt that the shale…
Australia said on Wednesday it would support the U.S.-led international security mission to ensure freedom of navigation and safe passage through the Persian Gulf and…
The largest Russian oil producer and one of the world’s biggest, Rosneft, told customers earlier this month that oil product sales in tender contracts will…
The UK may have economically recoverable shale gas resources that are five times lower than estimates from earlier this decade, new research suggests. A new…
Volatile oil and gas prices, sudden price slumps, and concerns about future oil demand have combined over the past year or two to make investors…
Petroleum and natural gas production in the United States jumped by 16 percent and 12 percent, respectively, in 2018, setting new production records and placing…
Royal Dutch Shell offered on the Asian market on Monday a West Texas Intermediate (WTI) Midland cargo priced off the Dubai benchmark typically used for…