Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
With the Brent premium over the WTI price rising to US$2.50 per barrel on Tuesday – the most in six months – oil traders hastened…
Boosted by asset acquisitions and weaker sterling after the Brexit vote, the UK’s biggest independent oil producer Premier Oil reported on Thursday a return to…
Despite low crude prices, Qatar’s non-oil economy is still strong – unlike the more sluggish growth of neighboring Gulf countries – and its demand for…
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence…
A millionaire oil trader at Geneva-based Trafigura—the world's third-largest private oil and metals trader—is jumping for a medal in the Rio Olympics, competing for Argentina…
Ending a several-day-running-streak, oil prices are retreating from five-week-highs on Wednesday as the U.S. dollar bounced back with traders betting on hawkish Fed minutes and…
Hundreds of Native Americans have been protesting against the construction of the Dakota Access pipeline in North Dakota, with the protests leading to arrests and…
The UK’s Business and Energy Secretary, Greg Clark, approved on Tuesday the development of the world’s largest offshore wind farm, Hornsea Project Two, which will…
Analysts at UBS warned on Tuesday that OPEC’s crude oil production may fall this month—after having hit an eight-year-high in July—as attacks and growing unrest…
BHP Billiton (NYSE:BHP) reported on Tuesday a massive loss of US$6.385 billion for the fiscal year ended June 30, after multi-billion impairments on U.S. shale…
London-based Premier Oil is close to unveiling a £2.6-billion (around US$3.35 billion) restructuring agreement with lenders as it seeks to avoid defaulting on its loans…
Companies in Oman are dismissing expats, using the collapsing crude oil prices as an excuse, while neglecting to hire locals whom they find lacking in…
The Syrian Army hit on Saturday an ISIS fuel convoy in the southern province of Sweida, destroying most of the oil tankers, Tehran-based Al Alam…
Russia’s Rosneft reported on Thursday a 0.5-percent sequential increase in its oil production in the second quarter, attributing the rise to increased drilling activity. The…
Nigeria’s former minister of aviation, Femi Fani-Kayode, tweeted on Thursday that President Muhammadu Buhari planned to break up Nigeria if oil is found in the…
China’s crude oil production dived 8.1 percent annually in July 2016, reaching the lowest daily output since October 2011, as domestic oil companies cut investments…
The International Energy Agency (IEA) revised down on Thursday its 2017 forecast for world oil demand growth amid a dimmer outlook on the global economy,…
Iraq and oil majors BP (NYSE:BP), Shell (NYSE:RDS.A) and Lukoil have agreed to resume investments in oil fields the foreign groups are developing, which is…
OPEC upgraded on Wednesday its 2016 projections for world oil demand growth to 1.22 million barrels a day (mb/d), up by 30,000 b/d from its…
A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency…