Will oil prices fluctuation persist?
Last year saw some quite significant swings in oil prices, mostly driven by geopolitical events but also by China’s zero-Covid policy
shale oil
US shale production won't soar
Last week, the chief energy adviser to the Biden administration, Amos Hochstein, blamed institutional investors for the stalled drilling in the U.S. oil and gas industry and called it outrageous and un-American
From Nixon to Biden: US never gained energy independence
The US pursuit of “energy independence,” let alone “energy dominance,” did not last long
Oil could vault as high as $150 a barrel, analyst warns
Undersupply meets surging demand
Wall Street projects a “higher for longer” era for oil prices
The International Energy Agency said earlier this month that spending on fossil fuels is lower than needed if current demand growth continues
CNPC plans new shale oil field near China's Daqing
China National Petroleum Co (CNPC) said on Wednesday it plans for new shale oil production from formations within the area of the existing Daqing oilfield that will help replenish that site's diminishing output. CNPC said it aims to …
Russia's answer to US shale
Russia regards its Arctic oil and gas development in the same way that the U.S. saw its shale oil and gas sector around 20 years ago, which is a truly game-changing opportunity to alter the balance of power in the world’s hydrocarbons markets
Where is oil headed?
Oil prices may fall again if there is another surge in Coronavirus cases
Naguib Sawiris: Oil will hit $100 in 18 months
The offering will be less than the need and then the price will go back very high
Oil: It is time to prepare for protracted war
This war could have brutal economic consequences for all involved
U.S. dependence on Russian oil becomes apparent
According to the Energy Information Administration, Russia has become a second oil supplier to the United States after Canada. The thing is that the U.S. has lost heavy oil from Venezuela due to its own sanctions.And it's Russian …
Is U.S. shale’s golden age over?
OPEC gambles that the United States shale's golden age is over, Bloomberg reported citing the sources in the organisation. The OPEC minsters believe relentless U.S. oil production growth will slow rapidly next year. Oil traders and …
Things to know about OPEC’s latest oil forecast
Americans still consume four times more oil than Chinese and 18 times more than Indians
Oil market is waiting for a huge glut?
The OPEC countries may be forced to cut production even more if they want to prevent price fall
Russia and Saudi Arabia to save oil markets
Oil price climbs after Saudi-Russia pact
Oil prices firm
But concerns grow about demand
What’s Keeping Oil From Rallying?
The fundamentals of supply and demand in the oil market appear to be heading in a bullish direction
Oil market supported by sanctions against Iran and Venezuela
Oil slips on economic slowdown
Oil prices firm. Why?
Oil prices firm on OPEC-led supply cuts, sanctions against Venezuela
The oil market will soon feel the heat of turmoil in Venezuela
Further conflict could see the energy industry become the focal point of unrest