OilPrice.com

U.S. commercial petroleum stocks have fallen in most of the weeks in the past year and a half. The continuously declining U.S. petroleum stocks over the past year suggest that supply has not caught up...

By Alex KimaniWall Street is finally warming up to oil and gas stocks after years of turning a cold shoulder on the industry. A wave of bullish geopolitical circumstances could push oil prices even...

Crude oil prices rose after the U.S. Energy Information Administration reported a modest inventory build of 500,000 barrels for the week to January 14.This compared with a draw of 4.6 million barrels...

By Alex KimaniOil prices are quickly approaching $90 as geopolitical uncertainties continue to mount. Over the past week, drone attacks against targets in the UAE and escalating tensions between...

IEA Chief Birol: Demand dynamics are stronger than many of the market observers had thought The next edition of the IEA’s Oil Market Report is scheduled for next Wednesday and may well contain...

OPEC+ is nowhere near pumping to its overall quota The coming oil glut could be much smaller than expected and could exert much less downward pressure on oil prices this year Demand remains robust as...

By Alex KimaniWhile the markets digest the inflation numbers, all eyes will be focussed on the Federal Reserve's reaction to the inflation data. Many economists expected the 7% gain in the Consumer...

By Tom KoolOil markets are looking increasingly bullish as analysts argue that the impact of Omicron on global oil demand will be limited. Chart Of The WeekEnergy companies from the Persian Gulf...

US LNG exporters are capitalizing on ongoing strong global demand Currently, the peak LNG capacity of US producers is 11.6 billion cubic feet daily US peak liquefaction capacity is set to grow to 13.9...

By Alex KimaniCommodities have been among the most volatile asset classes over the past year Oil was one of the biggest gainers in the commodities sector in 2021, but not by any means the best Lithium...

The energy sector has recovered this year, driven by the reopening of economies and the subsequent rebound in oil demand. Despite the pullback in oil prices and energy stocks in recent weeks, energy...

When I started as a third-party reservoir engineer twenty-six years ago, plugging costs seemed optional to this neophyte. Salvage value probably covered abandonment costs so that they could be...

Oil and gas companies have recovered from a crisis year in 2020, with some companies now posting record cash flow. In 2022, the main focus for oil and gas companies will be keeping shareholders happy...

Refiners in the world’s largest oil-importing region have not asked for additional supply from the world’s largest oil exporter, Saudi Arabia Earlier this month, Saudi Arabia raised its...

OPEC Chief Barkindo: Cutting investments in oil and gas production is misguided Underinvestment in oil & gas would both affect producers and consumers Cutting investments in oil and gas production...

By Alex KimaniThe rally in energy commodities has calmed down somewhat at the end of 2021, but base metal prices remain stubbornly high According to the analysts, prices for copper, nickel, cobalt,...