Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices inched up modestly in Asian morning trade today after ending trade on Monday with yet another loss, driven by demand concern. As…
Crude oil prices began this week with by falling further, with West Texas Intermediate slipping below $70 in pre-noon trade in Asia. Both benchmarks shed…
Governments in Europe, the United States, Canada, and Australia have set themselves ambitious targets for a transition to a low-carbon energy system. These targets are…
An appeals court has suspended an order issued by a lower court that could have seen supermajor Exxon lose its license to operate the Liza-1…
Crude oil was heading for the second week of losses in a row despite the additional production cut Saudi Arabia announced at last Sunday’s OPEC+…
China has been at the forefront of all commodity forecasts after it decided to drop its zero-Covid policy and reopen late last year. Initially, pretty…
After the slump in global copper prices, a buying spree is brewing, a Citi commodity analyst has forecast. Copper prices slid to the lowest in…
Crude oil prices inched higher today after the Energy Information Administration reported an inventory decline of 500,000 barrels for the week to June 9. This compared with an…
Traders are not buying the oil deficit story. That’s the conclusion that forces itself based on the latest oil and fuel buying and selling developments…
The European Union’s behavior is “anti-aviation” because of mandates obliging airlines to use so-called sustainable aviation fuels as a lower-carbon alternative to ht fuel. This…
This Monday saw what was perhaps one of the shortest oil price rallies following an OPEC+ meeting. The announcement of an additional production cut of…
Crude oil prices could add some $6 per barrel following the announcement of a 1-million-bpd production cut by Saudi Arabia. That’s according to Goldman Sachs,…
Crude oil prices rose by more than 1% in early trade today following the OPEC+ meeting that took place Sunday. At that meeting, Saudi Arabia…
A year ago, the Financial Times reported how maritime insurers were concerned that sanctions targeting Russian oil exports would disrupt global supply chains, lead to higher prices,…
Saudi Arabia is planning a second lithium processing plant as it seeks to capture a piece of the energy transition pie. The plant will be…
After dipping on news of another U.S. inventory build, crude oil prices rebounded after Senate voted to pass a debt ceiling bill that ended fears…
For the energy transition to happen, the world needs massive grid overhauls. This message has been overlooked for years as wind and solar stole the…
Crude oil prices moved higher moments before the Energy Information Administration reported an inventory build of 4.5 million barrels for the week to May 26. At…
The debt ceiling bill proposed after talks between President Biden and House Speaker Kevin McCarthy cleared the first hurdle, with the House of Representatives giving…
Indonesia is set to place caps on exports of liquefied natural gas, adding the commodity to a list of critical raw materials subject to export…