Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
India discussed on Thursday the possibility of trading oil with Russia, Venezuela, and Iran either in Indian rupees or under a barter agreement, India’s The…
Reduced supply and possible winter demand from Saudi Arabia could leave the European fuel oil market tight in the winter months, bucking the trend of…
Thanks to the consensus view of stable to higher oil prices, U.S. oil and gas mergers and acquisitions (M&A) activity in the third quarter jumped…
Equinor has completed the appraisal of the Cape Vulture oil discovery in the Norwegian Sea, confirming up to 70 million recoverable barrels of oil potential,…
Thanks to a huge natural gas discovery off its coasts, Egypt has just become self-sufficient in this key energy source, welcoming what it hopes to…
There is a risk that oil prices could hit $100 a barrel soon because a lot of uncertainties currently exist in a very nervous and…
Rising oil prices are hurting consumers, Fatih Birol, the Executive Director of the International Energy Agency (IEA), says, calling on major all producers to do…
Venezuela has officially launched what its President Nicolas Maduro claims is a first state-backed oil-backed cryptocurrency, El Petro, which analysts and experts see as nothing…
Marathon Oil launched this week the sale of its oil and gas assets in the UK North Sea, Reuters reported on Wednesday, quoting a sales…
Argentina is in the midst of an economic and market crisis. Its local currency has lost around 40 percent against the U.S. dollar so far…
The U.S.-China trade war is battering what was a fast-growing business for U.S. oil producers until a few months ago—U.S. crude oil shipments to China…
Saudi Arabia will pump 10.7 million bpd of oil in October and will slightly raise this level in November, Saudi Energy Minister Khalid al-Falih said…
Drillers in the fastest-growing oil region in the United States face infrastructure issues beyond limited pipeline takeaway capacity or water and frac sand supply. Permian…
The U.S. Department of Energy is awarding up to US$28 million in research and development of next-generation tools and technologies aimed at improving the cybersecurity…
Rising U.S. oil production, coupled with the Permian pipeline capacity constraints, are set to lead to a build-up in Cushing, Oklahoma, inventories that will put…
Iran and Syria signed on Tuesday a memorandum of understanding under which Iran will build a power plant in Syria’s coastal city of Latakia in…
Over the past week, money managers have turned even more bullish on oil prices, betting that Brent Crude prices will further rise amid expectations that…
The recent rally in Brent Crude prices to four year highs resulted in the Middle East sour crude grades also jumping to the highest in…
China is raising by 42 percent the oil import quota for its non-state refiners—most of which are the independent refiners—for 2019 as new refinery capacity…
After having shelved indefinitely plans to go public, Saudi Aramco is looking to buy a majority stake in Saudi chemicals giant Sabic from the government’s…