Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Europe's top oil firms reported blowout earnings for the first quarter as oil and gas prices spiked with the European energy crisis and the Russian…
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on…
OPEC continues to undershoot its oil production target in the OPEC+ deal, failing in April to boost output as much as required by the agreement.…
Slower global economic growth, China’s fight against COVID, and the Russian invasion of Ukraine prompted OPEC to slash for a second month running its global…
Ten more European buyers of Russian gas have opened accounts at Russia's Gazprombank, designated by Vladimir Putin to process the ruble-for-gas payments that he demands…
Renewable power capacity additions are set to remain stable next year compared to 2022 unless new and stronger policies are adopted soon, the International Energy…
If the U.S. passes the NOPEC bill, a bill designed to pave the way for lawsuits against OPEC members for market manipulation, the oil market…
The European Union’s current plan for eliminating its reliance on Russian gas by replacing it with gas from other sources could cost the bloc up…
Libya’s oilfields are expected to reopen soon, after militias have agreed to lift the siege on oil facilities, Parliament-backed Libyan Prime Minister Fathi Bashagha, who…
U.S. gasoline prices continued to rise, setting another all-time high on Wednesday at $4.404 per gallon average nationwide, data from AAA showed today. That’s the…
The highest inflation in the U.S. in four decades is set to persist and even increase in the coming months as the price of diesel…
Economies in central and southeastern Europe, the western Balkans, North Africa, and Central Asia could see their post-COVID recovery endangered if Russian gas supply is…
Persistently low investment in conventional energy sources risks leaving the world running out of spare production capacity for crude oil, refined products, and natural gas,…
The extreme volatility in the oil market in recent weeks is the result of some buyers boycotting certain crudes and is not connected with OPEC+,…
Brazil’s state-owned oil giant Petrobras told U.S. government representatives in March that the company cannot raise production in short order to cover potential oil supply…
Russia’s oil production is already falling and will continue dropping in the coming months and years as Moscow will not be able to redirect to…
The European Commission is expected to propose next week faster permitting for renewable energy projects as part of its plan to increase the uptake of…
China registered in April its first annual increase in crude oil imports since January as shipments rebounded on the back of higher arrivals from Russia,…
The European Union is expected to leave out of the next sanctions package against Russia a proposed ban on EU-owned vessels from transporting Russian oil…
Not enough investment in global refining capacity is one of the key drivers of the global rally in gasoline, diesel, and jet fuel prices, according…