Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The oil market is set to tighten further before the end of this year - a sign that OPEC’s early response to boost supply may…
Brazil’s state-run oil firm Petrobras (NYSE:PBR) benefited from the rising oil prices and booked a thirty-fold yearly jump in its second-quarter net income, which also…
Due to the rising trade tension between China and the United States, the trading arm of Chinese state oil major Sinopec has suspended imports of…
As the economic crisis continues to deepen, Venezuela’s President Nicolas Maduro is promising a new policy on gasoline (the world’s cheapest)— which is currently generously…
Ahead of the return of the U.S. sanctions on Iran, India’s state refiners boosted their Iranian oil purchases, pushing up Indian oil imports from Iran…
Saudi Arabia is cutting the September official selling prices (OSPs) for all its grades and to all markets except for to the United States, as…
The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than…
South Korea’s imports of U.S. crude oil are expected to hit all-time highs in September and October, as the world’s fifth-largest oil importer cuts off…
The Trump Administration unveiled on Thursday proposed rulemaking for rolling back Obama-era fuel economy standards for automakers, recommending the freezing of the mile-per-gallon standards for…
Russia opened the spigots in July and pumped its highest level of oil since the OPEC+ agreement entered into force in January 2017. At 11.215…
India’s cabinet approved on Wednesday a policy to allow companies to explore and exploit unconventional oil and gas resources such as shale oil and gas…
Electricity generation from renewable and nuclear power sources in France jumped in June and squeezed out fossil fuels coal, oil, and gas, grid operator RTE…
Higher oil prices this year boosted the earnings of all five Big Oil firms in the second quarter, but despite the increased profits, not all…
In a sign that the Norwegian economy and its oil industry are doing much better at the current higher oil prices, Norway’s finance ministry made…
U.S. crude oil production is growing, but at a slower pace than predicted. American oil production in May actually inched down from April by 0.3…
Iraq’s oil ministry has ordered state-held firms to take over the development of the Mansuriyah gas field and the Nassiriya oil field, after foreign firms…
As Russia aims to tighten its grip over European energy supply, especially in natural gas with the controversial Nord Stream 2 pipeline project, Europe’s energy…
WTI Crude prices are expected to average $67.32 per barrel this year, and hold steady and range-bound for the rest of 2018 and 2019, as…
BP (NYSE:BP) announced on Tuesday the first dividend increase since the oil prices started crashing in 2014, as it quadrupled second-quarter earnings from a year…
The top Asian oil importers and Iranian oil customers—China, India, Japan, and South Korea—bought in June their lowest combined volume of Iranian oil in seven…