OilPrice.com

The head of commodity analysis at Citigroup believes that there has been a ‘colossal failure’ when it comes to analyzing the fundamentals of today's oil markets. While plenty of analysts...

The U.S. shale patch is experiencing its best-ever economics this year thanks to a combination of disciplined spending and high oil prices. The Permian basin is still leading U.S. shale production...

U.S. shale drillers are looking to boost production in the short term Industry data suggests that well depletion is advancing Drillers remain upbeat about the short term forecast for shale oil...

China’s restocking effort could be the next bullish catalyst for oil Vitol executive: China doesn’t appear to be as sensitive to high oil prices as are South Asian nations The most recent...

By Alex KimaniBullish Wall Streets banks see supply deficits in 2022, while OPEC, the IEA and the DoE are forecasting surpluses. Standard Chartered (OTC:SCBFF) says a surge in U.S. oil output in...

By Charles KennedyEarlier this month, the Energy Information Administration reported that oil output in the Permian shale play had hit a record, and it was going to continue growing. And now, the two...

The average gasoline price in the United States rose for a fifth consecutive week as oil prices rallied and WTI crude hit $88 per barrel, according to the latest analysis of fuel-savings app...

By Leonard Hyman and William TillesThe National Science Foundation reported that the US is falling behind China in measures of scientific prowess Science is often not a top priority for many...

Russia’s natural gas production is expected to hit an all-time high this year, beating the 2021 record, yet this winter season’s deliveries to Europe have been much lower than usual.In...

Brent hit $90 per barrel last week and plenty of banks and oil majors now believe we will see $100 oil this year. If oil does continue to climb, demand growth will likely slow and central banks may...

U.S. natural gas futures surged 72% just ahead of expiration of the February contract The huge spike in the February contract is a clear sign that bearish bets were being squeezed out of the...

Oil companies have been extremely slow to turn on the taps, despite higher prices and tightening supply. Companies are focused on boosting shareholder value and appeasing activist investors. Global...

In December, OPEC+ added 253,000 barrels daily to its combined production falling well short of its 400,000-bpd target OPEC’s underproduction fuels speculation about the cartel’s ability...

By Tom KoolCopper and zinc both hit record highs in 2021, and precious metals look set to soar alongside inflation, with one little-known stock offering exposure to it all. Prices of base metals have...

By Alex KimaniOil and gas stocks have defied the broader market, posting significant gains as other sectors sold off. OPEC+ has forecast the oil markets to be in surplus during the first quarter of...

U.S. solar industry is dealing with significant cost increases and supply constraints Some forecasters are beginning to doubt that the U.S. government’s ambitious plans for adding 21.5 Gigawatts...