OilPrice.com

By Michael KernIn September, OPEC+ oil production hit levels not seen since Saudi-Russia oil price war Despite rising production, group remained 3.6 million bpd below its output quota Last week,...

Europe is importing record levels of liquified natural gas this year European governments spending billions keeping utilities afloat and protecting consumers Europe’s LNG import bill could be as...

Oil prices jumped by nearly $10 per barrel last week Large jump was followed by a slight pullback in oil prices as traders took profits Sentiment is decidedly bullish and banks are betting on...

Saudi Arabia’s latest move to cut crude oil production Immediate impact on crude oil prices was not as dramatic as some had feared White House National Security Advisor has changed his tone...

U.S. natural gas prices rose by more than 3% early on Thursday Demand across the US is expected to rise in the coming days The benchmark U.S. natural gas prices rose by more than 3% early on Thursday...

Environment-related risk is a growing focus for investors Companies in high-risk sectors face greater regulatory and investor scrutiny High-risk sectors include metals mining, coal mining and oil and...

By Alex KimaniUS President will “consult Congress” on ways to “reduce OPEC’s control over energy prices” Change in U.S. anti-trust law could revoke immunity EU idea of...

OPEC+ Meeting concluded with the decision to cut production by 2 million bpd Crude prices fell slightly on the announcement Sources suggest that the 2 million bpd would be cut from “current...

Manufacturing growth in the United States slowed in September Global maritime trade growth is slowing Major trading houses not concerned about pullback in demand Manufacturing growth in the United...

Oil prices were up by as much as 5% on Monday morning. OPEC and non-OPEC producers are set to meet in Vienna this week OPEC+ aren’t going to meet in Austria for the first time in years “to...

OPEC+ is set to make a production cut decision this week Saudi Arabia is reportedly on board with the cut OPEC used to claim to be happy with prices between $60 and $70 Cartel has moved that target...

From Sept. 1 and 25, OPEC’s oil exports averaged 21.648 million barrels daily Crude oil exports out of Iran plunged by more than 700,000 bpd. In August, OPEC+ continued underperform its...

Crude oil prices moved higher after the Energy Information Administration today reported a modest inventory draw of 200,000 barrels for the week to Sept. 23.This compared with an increase in oil...

Oil prices have tumbled below the $80 mark Bearish catalysts have been weighing on oil markets But some predicting prices could climb back up to $100 in the coming months It's been a rough couple of...

The U.S. Federal Reserve hiked interest rates by 75 basis points on Wednesday Rate hike is the third straight hike and rates are now highest since 2008 Crude prices reacted negatively to the news Oil...

Crude oil prices fell yesterday, after the U.S. Energy Information Administration reported a crude oil inventory build of 1.1 million barrels for the week to September 16.For the previous week, the...