The technical failure that could clear the oil glut in a matter of weeks

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.

OilPrice.com | July 18, 2017 | 11:02 am

Copper production to take a quantum leap in this mining nation

Groups estimate that a full 18 new copper projects are set to start production across Peru by 2021.

OilPrice.com | July 15, 2017 | 7:57 pm

Don’t hold your breath for deeper OPEC cuts

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought.

OilPrice.com | July 6, 2017 | 2:59 pm

Is a big move in oil prices due?

In options trading, a straddle is literally a sit-on-the-fence strategy.

OilPrice.com | June 29, 2017 | 11:29 am

Is there still hope for higher oil prices?

Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared.

OilPrice.com | June 26, 2017 | 9:26 am

Oil prices set to rebound

The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.

OilPrice.com | June 14, 2017 | 11:31 am

Has Permian productivity peaked?

According to the EIA's Drilling Productivity Report, productivity (as opposed to absolute production) is set to fall next month in the Permian Basin.

OilPrice.com | June 2, 2017 | 11:43 am

New BC government could jeopardize Canadian oil exports

The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.

OilPrice.com | June 1, 2017 | 3:56 pm

Today’s stunted oil prices could cause oil price shock in 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future.

OilPrice.com | May 24, 2017 | 11:54 am

Ukraine says no to Russian coal, gas – favours nuclear power

In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.

OilPrice.com | May 21, 2017 | 5:29 pm

U.S. shale is immune to an oil price crash in 2017

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.

OilPrice.com | May 17, 2017 | 2:00 pm

China and India on aggressive electric vehicle push

China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice and promise a review its long-term oil demand forecast.

OilPrice.com | May 14, 2017 | 7:30 pm

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