Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Global oil demand growth is expected to moderate next year as the world economy is expected to grow slightly less than this year, OPEC said…
Libya’s National Oil Corporation (NOC) lifted on Wednesday the force majeure on four ports in the eastern part of the country after the export terminals…
Barclays raised on Tuesday its oil price forecasts for Brent Crude and WTI Crude for 2018 and 2019, and sees the U.S. benchmark averaging $65…
Two geopolitical developments in recent weeks—U.S. sanctions on Iran and the escalating U.S.-Chinese trade war—are set to reshuffle the U.S. oil flows to the world’s…
Islamic State militants recaptured on Monday two oil fields in the oil-rich Deir Ezzor region in Syria, a Turkey-based Syrian news agency reported on Tuesday.…
The UK should back renewables and support only one more nuclear plant after Hinkley Point C before 2025, because renewable energy is the safest bet…
Tesla plans to build a manufacturing plant in China with a capacity to produce 500,000 vehicles annually, and is expected to sign a preliminary deal…
The Church of England voted on Sunday to divest from oil and gas companies after 2023 if it finds them lacking in tackling climate change.…
Tesla has raised by more than the equivalent of US$20,000 the retail prices of the vehicles it sells in China, due to the latest tit-for-tat…
Rising U.S. crude oil exports are upending global oil trade and oil flows to various regions in the world, snatching up market share in Asia…
Despite the fact that U.S. crude oil production has been setting records over the past few months, little new additional refinery capacity is being added…
Asian oil customers are looking to secure more oil supplies from Saudi Arabia, Kuwait, and Iraq, to replace oil from Iran after the U.S. announced…
Saudi Aramco is able to better withstand a slump in oil prices, judging from its 2016 financials that Reuters has seen—financials for the year in…
Illegal Chinese production of a banned crude oil-derived chemical used for cheap home insulation is thought to be the main source of rising emissions of…
The Mexican oil hedge, or the Hacienda Hedge, is considered the biggest hedging bet on Wall Street as well as perhaps the most secretive. It has…
In line with its agreement with OPEC to reverse part of the cuts, Russia is boosting its crude oil production, pumping as much as 11.193…
A supply shortfall is lurking should major oil companies continue to underinvest in exploring for new oil reserves, and this “chronic underinvestment” is setting the…
China National Petroleum Corporation (CNPC) and the Abu Dhabi National Oil Company (ADNOC) are expected to sign as early as this month a preliminary deal…
Africa’s richest man Aliko Dangote, who is financing the construction of one of the world’s largest oil refineries, believes that the 650,000-bpd facility could be…
Oil prices dropped early on Friday as fears of the escalating U.S.-Chinese trade war and increased production by Saudi Arabia and Russia outweighed concerns over…