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 2021-05-19 23:00 

OilPrice.com

One Company To Watch As Electric Vehicle Stocks Get Ready To Fly This Summer...

The electric vehicle craze exploded last year, but as the Biden administration gears up for a new infrastructure rehaul, EV adoption could reach a key turning point...

 2021-05-19 23:00 

OilPrice.com

Saudi Wealth Fund Dumps Oil Giant And Buys Videogame Stocks...

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has sold all the 51 million shares it held in Canada's oil producer Suncor Energy...

 2021-05-19 22:30 

OilPrice.com

India's Refiners Prepare For Lifting Of U.S. Sanctions On Iran's Oil...

Major Indian state-held refiners plan to cut back on spot crude purchases later this year, expecting that the U.S. sanctions on Iran's oil could be lifted by the end of 2021...

 2021-05-19 22:00 

OilPrice.com

WiFi Signals Could Power Small Electronics Without Any Batteries...

Researchers have developed a technology that uses the radio frequency of WiFi signals to generate wireless green energy that could power small electronic devices without the need for a battery...

 2021-05-19 21:00 

OilPrice.com

Oil Under Pressure Despite Positive Demand Outlook...

Brent crude briefly hit $70 per barrel and West Texas Intermediate rose above $66 this week as improving economic outlooks for some of the world's biggest economies boosted optimism...

 2021-05-19 20:30 

OilPrice.com

Merger Mania Isn't Over In America's Shale Patch...

The oil price crash fueled a wave of oil and gas mergers last year, and it appears the acquisition frenzy isn't over just yet...

 2021-05-19 20:00 

OilPrice.com

The U.S. Is Not Ready For An All-Electric Future...

Setting the goals for an energy transition was the easiest part, but reaching these goals is another thing, and currently, the U.S. is woefully unprepared to handle "the electrification of everything,"...

 2021-05-19 19:00 

OilPrice.com

Venezuela's Crumbling Oil Industry Is An Environmental Nightmare...

Much has been written about the collapse of Venezuela's oil industry, but the environmental destruction being caused by what is left of its sector has been largely ignored...

 2021-05-19 18:30 

OilPrice.com

Russia: Oil Market Is Balanced With Demand Slightly Exceeding Supply...

The oil market is fairly balanced at present with demand slightly exceeding supply, Russia's Deputy Prime Minister Alexander Novak told reporters on Wednesday...

 2021-05-19 18:00 

OilPrice.com

The Remarkable And Unstoppable Growth Of Clean Energy...

Clean energy exploded in 2020 as the global energy transition began in earnest, and despite a slight drawback at the start of 2021, the future trajectory for clean energy is clear...

 2021-05-19 16:30 

OilPrice.com

Inflation Fears Send Oil Plunging...

Oil prices dropped for a second consecutive day early on Wednesday as the markets were spooked by concerns about above-target inflation and participants showed risk aversion to commodities...

 2021-05-19 16:30 

OilPrice.com

Biden Promises $20 Billion In Cybersecurity Funding...

The Biden administration will make available $20 billion to bolster cybersecurity defenses at the state, local, and tribal government levels, the White House said in a press release...

 2021-05-19 16:00 

OilPrice.com

EV Metal Index Jumps 85% In One Month...

The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, climbed to $554 million during the month, an increase of 84.7% over February...

 2021-05-19 15:30 

OilPrice.com

Iran To Bypass Key Oil Chokepoint By Exporting From Jask Terminal...

Iran looks to begin as soon as next month crude oil exports from the Jask terminal on the Sea of Oman, without the need to have tankers travel through the Strait of Hormuz, a top industry official said on Wednesday...

 2021-05-19 14:39 

OilPrice.com

Oil Prices Tumble As Crude Inventories Rise...

Crude oil prices moved further down today after the Energy Information Administration reported a crude oil inventory build of 1.3 million barrels for the week to May 14...

 2021-05-19 14:30 

OilPrice.com

Russia's Gazprom Sees Global Gas Demand Growing Despite Green Push...

Russia's gas giant Gazprom believes that natural gas has a bright future with demand growing and gas having a larger share of energy consumption than renewables and other low-carbon sources...

 2021-05-19 14:00 

OilPrice.com

Heavy Rains Reduce Gulf Coast Refinery Output...

Four refineries on the U.S. Gulf Coast have reduced their processing rates because of heavy rains and flooding in East Texas and Louisiana...

 2021-05-19 00:00 

OilPrice.com

The IEA's Latest Proposal Is Both Reckless And Impossible...

The IEA's most recent report suggests that all new spending on fossil fuels should stop after 2021, a suggestion that is extremely unwise and unlikely to happen...

 2021-05-18 23:00 

OilPrice.com

How A Junior Miner Might Have Sparked A New Canadian Gold Rush...

A major gold rush may be about to kick off in Canada, with one little-known miner having surpassed all expectations with its latest drill results...

 2021-05-18 22:00 

OilPrice.com

3 Hydrogen Stocks That Are Poised To Break Out...

Hydrogen stocks rallied throughout 2020, but dropped in recent months after having hit sky-high valuations, and now there are encouraging signs that the bottom is in...

 2021-05-18 21:00 

OilPrice.com

Colombia's Oil Industry Is On The Brink Of Collapse...

Colombia's oil industry is yet again under considerable pressure, despite the national government in Bogota attempting to reactivate the economically crucial sector...

 2021-05-18 20:47 

OilPrice.com

Crude Oil Inventories See Smaller Than Expected Build...

Oil prices moved little following the API report on Tuesday afternoon which reported a smaller-than-expected crude build...

 2021-05-18 20:00 

OilPrice.com

$70 Oil Could Put The Brakes On China's Crude Buying Spree...

China's accelerated crude oil stockpiling could be coming to an end with oil at $70 and the possibility that strategic reserves are close to capacity, suggesting that the world's largest oil importer could slow down crude builds and crude imports...

 2021-05-18 19:30 

OilPrice.com

Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans...

Royal Dutch Shell does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business,...

 2021-05-18 19:00 

OilPrice.com

IEA Drops Bombshell Report On Oil And Gas...

According to the IEA, new oil and gas spending will have to stop after 2021 if emissions targets are to be reached, but oil analysts are worried about a supply crisis looming...

 2021-05-18 18:30 

OilPrice.com

EPA Orders Shutdown Of Caribbean Refinery...

The U.S. Environmental Protection Agency has ordered the complete shutdown of the Limetree Bay refinery on the Caribbean island of St. Croix because of "multiple improperly conducted operations"...

 2021-05-18 17:00 

OilPrice.com

Oil Rebounds After BBC Spooks Market With News On Nuclear Deal...

After oil prices plunged on Iran nuclear deal optimism, they have surged back higher again now after Russian Envoy Ulyanov clarified his earlier remarks...

 2021-05-18 16:00 

OilPrice.com

Oman Plans Massive $30 Billion Green Hydrogen Project...

Middle Eastern oil producer Oman plans to build one of the largest green hydrogen plants in the world...

 2021-05-18 15:30 

OilPrice.com

CATL Beats LG And Panasonic To Become Leading Battery Maker...

A new report by Adamas Intelligence reveals that Contemporary Amperex Technology (CATL) deployed 13.3 GWh of battery capacity onto roads in newly sold passenger EVs globally, beating its largest competitors LG and Panasonic...

 2021-05-18 15:00 

OilPrice.com

Prices At The Pump Stuck At 7-Year Highs...

Gasoline prices remained elevated, with many stations staying shut despite the restart of operations at the Colonial Pipeline network following the May 7 cyberattack...

 2021-05-18 14:30 

OilPrice.com

Big Oil Scores Win In Supreme Court...

The Supreme Court has ruled for a case brought against 20 oil companies by the city of Baltimore to be moved to a federal court, the Wall Street Journal reports, in a potentially big win for the defendants...

 2021-05-18 14:00 

OilPrice.com

IEA: Net-Zero Goal Means No More New Oil And Gas Investment Ever...

The world doesn't need any new investments in oil and gas beyond what is already approved if it hopes to achieve net-zero emissions by 2050 according to a new IEA report...

 2021-05-18 00:00 

OilPrice.com

Why A Shale Comeback Could Be Disastrous For Oil Markets...

Oxford analysts are now warning that OPEC+, largely responsible for the recovery in crude markets, could see its efforts thwarted once again by chief rival: U.S. shale...

 2021-05-17 23:30 

OilPrice.com

2 Under The Radar EV Stocks Set To Explode This Summer...

Tesla has dominated the EV sector in recent yeas, but this "second wave" of electric vehicles could benefit 2 stocks that are not EV manufacturers...

 2021-05-17 23:00 

OilPrice.com

The U.S. Shouldn't Hold High Hopes For A Pro-West Iranian President...

With Iran's Presidential elections coming up in June, some politicians in Washington are hoping to see a 'less hardline' candidate, but the truth is that all candidates are hardliners...

 2021-05-17 22:00 

OilPrice.com

Oil Markets Will Face A Supply Crisis Before Demand Peaks...

Delving deeper into the global oil and gas outlook suggests that it's peak oil supply, not peak oil demand, that's likely to start dominating headlines as the years roll on...

 2021-05-17 21:30 

OilPrice.com

Natural Gas Prices Jump On Warmer Weather...

The U.S. benchmark natural gas price jumped more than 5% on Monday as power generators are expected to burn more gas to keep air conditioners going that are just now starting to come online in the lower half of the Eastern United States...

 2021-05-17 21:00 

OilPrice.com

Russia Is Making A Comeback In This Growing Gas Market...

Russia's gas export volumes to Turkey have fallen somewhat in 2020, but having shrugged off last year's travails, gas giant Gazprom is now intent on retaking pole position in this large market...

 2021-05-17 20:30 

OilPrice.com

U.S. Residential Energy Use Fell In 2020 Despite Lockdown...

U.S. residential energy consumption fell by 4 percent year over year in 2020, even though more people stayed at home to work or attend school during the lockdowns last year...

 2021-05-17 20:00 

OilPrice.com

Quick Rise In U.S. Natural Gas Prices To Boost Coal Demand...

U.S. coal-fired power generation is set for a short-term recovery this summer as higher prices of coal's main fossil fuel competitor, natural gas, will discourage parts of gas-fired electricity generation...

 2021-05-17 19:00 

OilPrice.com

Iran Is Planning An Oil Export Boost...

Iran is preparing to boost production and exports of crude oil as talks on the nuclear deal with the United States continue to progress, government officials said...

 2021-05-17 18:30 

OilPrice.com

Australia's Refiners Receive Government Aid To Boost Fuel Security...

Australia's government will provide US$1.5 billion (AUS$2 billion) in payments to its last two refiners to ensure that they stay open until 2030 and supply the country with domestically-produced fuels...

 2021-05-17 18:00 

OilPrice.com

Gulf Countries Are Rushing To Unload Non-Essential Oil Assets...

Middle East oil producers are rushing to sell off non-core hydrocarbon assets at a good price to finance new infrastructure and clean energy megaprojects, but will they succeed doing so in a relatively short period of time?...

 2021-05-17 17:30 

OilPrice.com

Chinese Refiners Ramped Up Crude Processing In April...

China's refinery throughput increased by 7.5 percent annually in April, signaling a sustained recovery in crude processing, although the volumes were lower than the record-highs seen last November...

 2021-05-17 17:00 

OilPrice.com

Oil Markets Optimistic As Air Travel Starts To Recover...

The number of global commercial flights has more than doubled since this time last year, while U.S. traveler throughput has jumped six-fold since May 2020, suggesting that global jet fuel demand is starting to lift off...

 2021-05-17 16:00 

OilPrice.com

OPEC's Oil Exports Are Surging By 1 Million Bpd In May...

OPEC's oil exports have jumped by 1 million barrels per day (bpd) so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month...

 2021-05-17 15:30 

OilPrice.com

Leading Chinese Lithium Producer May Open Battery Plant In Argentina...

China's Ganfeng Lithium, one of the world's top producers of the commodity used in electric vehicle batteries, has inked an initial deal to explore setting up a batteries plant in Argentina...

 2021-05-17 15:00 

OilPrice.com

Parts Of East Coast Still Face Gas Shortages Despite Pipeline Restart...

Washington DC and some parts of the Southeast are still dealing with gasoline shortages despite the restart of the Colonial Pipeline...

 2021-05-17 14:30 

OilPrice.com

Offshore Wind Requires 63,000lbs Of Copper Per Turbine...

Renewables—and especially offshore wind—are set to drive a surge in copper demand that will push prices even higher, as the amount of copper required per wind turbine is staggering, at 63,000 pounds...

 2021-05-17 14:00 

OilPrice.com

India Oil Demand Slumps By 20% In May Amid COVID Crisis...

Fuel demand in India continues to slump this month amid the COVID crisis in the world's third-largest oil importer, with gasoline sales down to a one-year low and diesel consumption dropping to the lowest in seven months in the first two weeks of May...

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