Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Saudi Arabia’s plans to build a nuclear power plant will speed up the Kingdom’s economic development as it would diversify its over-reliance on crude oil,…
Iraq has allocated 67 percent of its 2019 oil sales to Asia, the country’s oil ministry said on Tuesday, as OPEC’s second-biggest producer aims to…
Japan’s oil refiners will continue to ask the Japanese government to seek an early extension of the temporary U.S. waiver to import oil from Iran,…
State-controlled China National Petroleum Corporation (CNPC) is replacing French oil and gas major Total in Iran’s multi-billion-dollar South Pars gas project, Iran’s semi-official news agency…
Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year and the first catalyst could come as…
China’s oil imports from Russia hit an all-time high in October, further consolidating Russia’s position as China’s top oil supplier, while Chinese imports from Iran…
Russia seized on Sunday three Ukrainian ships near Crimea, in an incident that risks spilling to a wider conflict between the two countries and to…
Over the past few years, Brazil has held several very successful oil auctions under production-sharing contracts in its pre-salt layer, attracting major oil companies to…
Saudi Arabia’s oil production has been at a record high this month—at between 11.1 million bpd and 11.3 million bpd in some days in November,…
GM plans to shut down its auto assembly plant in Oshawa, Ontario, in order to focus on hybrids and zero emissions vehicles, resulting in around…
Just two months ago, fears of plunging Iranian supply had the oil market and analysts wondering how high prices could go and if we are…
Brent Crude is expected to average $75.50 a barrel next year, according to an S&P Global Platts survey of 11 top banks and oil brokers,…
Iran’s tracked oil exports in November plummeted by several hundred thousand barrels per day compared to October, as many Iranian customers hadn’t nominated barrels amid…
Iran is not preparing to withdraw from the 2015 nuclear deal, Foreign Ministry Spokesman Bahram Qassemi said on Wednesday, dismissing interpretations of comments from an…
Argentina will be joining the ranks of exporters of liquefied natural gas (LNG) next year when it stars exporting gas from its Vaca Muerta shale…
Gazprom Export, the export arm of Russian gas giant Gazprom, has stopped the natural gas auctions on its electronic sales platform because all natural gas…
Iran’s largest oil customer China is set to continue importing robust volumes of Iranian crude at least through the end of this year thanks to…
It didn’t take long for U.S. President Donald Trump to comment on oil prices, just ten days after he expressed hope that OPEC wouldn’t cut…
Saudi Arabia’s crude oil exports hit their highest in 20 months in September, while the Kingdom’s production in early November appears to have hit the…
Oil prices are off 25 percent from their four-year highs reached in early October, after the massive sell-off that began later that month which dragged…