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Breaking News:

Oil Should Stay In Triple Digits: Analyst

Article Archive | Page 2

China And Saudi Arabia Strengthen Alliance With New Megaproject

Jun 29, 2022 at 11:15

Ever since China gave Saudi Crown Prince Mohammed bin Salman (MbS) the opportunity to save face after his many unsuccessful attempts to float Saudi Aramco in what was…

The Future Is Bright For Green Hydrogen

Jun 29, 2022 at 10:11

Many oil majors and several governments around the world are betting big on the future of green hydrogen, viewing it as a major new replacement for fossil fuels.…

Biden’s Green Energy Policy May “End In Tears”

Jun 29, 2022 at 10:07

American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could…

Investors Dump Copper As Demand Stumbles

Jun 29, 2022 at 10:11

Copper prices have long been considered a major indicator of global economic health. So when they plunged to 16-month lows on June 23, investors quickly hit the “panic…

Oil Climbs Higher As Nuclear Talks Crumble In Qatar

Jun 29, 2022 at 10:05

High hopes had been placed on the indirect talks set to be held in Qatar starting Tuesday between Iran and the United States, which involved the European Union…

China To Subsidize Refiners If Oil Prices Exceed $130

Jun 29, 2022 at 10:10

China will provide subsidies to its oil refiners if international oil prices jump to over $130 per barrel as the world’s largest crude oil importer looks to ensure fuel supply…

Delayed EIA Inventory Report Shows Crude Draw, Products Build

Jun 29, 2022 at 09:43

Oil prices climbed higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 2.8 million barrels for the week to June 24. A day…

Bounce In Oil Prices Silences Bearish Calls For Crude

Jun 29, 2022 at 08:54

The past few weeks have been a disaster for oil bulls after energy stocks posted their worst performance since the start of the pandemic

Shell Warns Spare Oil Capacity Is Running Very Low

Jun 29, 2022 at 07:53

Global spare capacity is running very low, which will keep oil and gas markets on edge for some time, according to the chief executive of supermajor Shell. “Spare capacity is…

Oil Markets Could Face A Doomsday Scenario This Week

Jun 28, 2022 at 12:45

Global oil markets are going to be very volatile in the coming months if news emerging from OPEC’s main producers about production capacity constraints turns out to be…

Putin Ally Threatens Strike On Europe’s Largest Oil Hub

Jun 28, 2022 at 11:38

A Russian politician and former regional military commander has suggested that Europe will "totally croak" if Russia militarily targets Europe's biggest oil hub in the Netherlands.

Two Stocks To Watch As The Oil Industry Battles A Water Crisis

Jun 28, 2022 at 11:33

The era of casually disposing of water of any type is coming to an end. Water resources, particularly "fresh" water, are moving up the value chain. A resource…

The Biggest Threat To Brazil’s Oil Boom

Jun 28, 2022 at 11:26

Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little…

The Catastrophic Environmental Consequences Of Russia’s Invasion Of Ukraine

Jun 28, 2022 at 11:24

In addition to thousands of deaths and the destruction of crucial infrastructure, another, more invisible, crisis tied to Russia’s invasion could haunt Ukraine for years: environmental damage. From shelled chemical…

Are Oil Prices Heading Back To $120?

Jun 28, 2022 at 11:12

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's

Will Colombia’s New President Upend Its Oil Industry?

Jun 28, 2022 at 11:20

Leftist candidate Senator Gustavo Petro emerged victorious from Colombia’s June presidential run-off as the strife-torn country’s president elect. On 7 August 2022 Petro…

Australia Is Facing An Energy Crisis Despite Abundance Of Natural Gas

Jun 28, 2022 at 11:15

Australia is experiencing an energy crisis despite its reputation as a top gas exporter, as regulators struggle to deliver electricity. A combination of challenges has led to severe…

World Energy Demand Jumped Above Pre-COVID Levels In 2021

Jun 28, 2022 at 10:37

Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World…

OPEC Well Completions Dip In 2021

Jun 28, 2022 at 09:38

The number of completed wells at OPEC producers dipped by 280 compared to 2020 and stood at 1,588 wells completed in 2021. This was the lowest number of well completions…

UAE, Saudi Arabia Pumping Oil Near Limits: Macron

Jun 28, 2022 at 08:29

The UAE and Saudi Arabia's oil production is nearing their limit, French President Emmanuel Macron told his U.S. counterpart during the G7 meeting this week. The French president was referring…

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