Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
High refinery runs and expanding refining capacity amid a strong recovery in demand pushed India’s crude oil imports to a record 4.93 million bpd in…
The premium of Brent over WTI dropped to nearly the lowest in six months in volatile and mixed oil trade on Thursday, in which a…
The rise of electric vehicles has prompted many analysts to start trying to pinpoint the year in which global oil demand will peak and start…
While analyst estimates and official figures show that Venezuela’s crude oil production continues to plummet amid a severe economic crisis and cash crunch, Venezuelan President…
The fast-paced development of the Permian basin led to Texas showing the largest net increase in proved reserves of crude oil and lease condensate of…
OPEC is encouraging all its members to build buffers of oil production capacity in order to be able to counter this year a surge in…
OPEC and the non-OPEC producers’ part of the production cuts deal will have a plan for long-term cooperation drafted by the end of 2018, as…
The idea to increase the federal gas tax has gained momentum in recent weeks as a possible way of generating new government revenue to put…
Tesla Inc and China disagree over the future ownership of a Tesla factory in Shanghai, Bloomberg reported on Wednesday, citing people with direct knowledge of…
The UK Court of Appeal ruled on Wednesday that Nigerian communities cannot pursue Royal Dutch Shell in UK courts over oil spills in the oil-rich…
Russian banks and Chinese institutional investors would like to invest in the initial public offering of Saudi oil giant Aramco, the head of Russia’s state…
Saudi Arabia will cut additional 100,000 bpd of its oil production next month and keep its exports below 7 million bpd in March in a…
Oil prices stumbled over the past week on the financial market turmoil, stronger dollar, and surging U.S. crude production. But as oversupply fears return with…
Norway’s Finance Ministry sent a letter to Norges Bank on Tuesday, asking it to asses the impact that the planned listing of Saudi Aramco would…
Since the start of the OPEC-Russia production cut deal, Russia’s oil companies and government have received the equivalent of around US$41.5 billion more in proceeds,…
The budget deal that the U.S. Congress passed and President Donald Trump signed into law last Friday calls for selling 100 million barrels of the…
The International Energy Agency (IEA) said on Monday that it had carried out the broadest ever emergency response exercise, with countries representing around 70 percent…
For yet another month, OPEC has revised up its expectations for non-OPEC crude oil supply growth this year, expecting—again—U.S. oil production to increase more than…
U.S. President Donald Trump is expected to unveil an infrastructure plan on Monday, but it is already ripe for opposition in Congress because the plan…
OPEC’s total crude oil production averaged 32.30 million bpd in January, down by 8,100 bpd from December, as rising production in Iraq, Saudi Arabia, and…