OilPrice.com

Soaring commodity prices and record oil and gas profits have made energy stocks attractive once again. The outperforming sector is distorting a key valuation tool used by many investors, the forward...

Russia’s oil exports have been resilient since it invaded Ukraine The EU's embargo on oil will displace 2.4 million bpd of oil. Seems inevitable that Russia's exports will fall...

OPEC+ fell a whopping 3.6 million bpd below its oil production target Non-OPEC producers were also below their quota. Russia and Nigeria were the two biggest laggards of their respective groups The...

Natural gas demand breaks new records U.S. shale producers are struggling to keep up with demand Looks likely that prices both will spike this winter. Last week, the media rushed to report that...

Oil prices dropped on Thursday morning US avoids potentially disastrous rail strike Department of Energy denies plans to refill the strategic petroleum reserve Oil prices fell on Thursday morning...

The G7 appears to be intent on implementing its price cap plan Strong chance that the price cap would send oil prices soaring Russian oil will have to sail on non-Western tankers if it is to avoid...

Oil prices have continued their weeks’-old downtrend Oil bulls remain optimistic about the short term fundamentals Juicy dividends and attractive valuations make energy stocks competitive The...

Crude oil prices inched higher today after the Energy Information Administration reported an inventory increase of 2.4 million barrels for the week to September 9.This compared with a sizeable build...

The IEA suggests global oil demand will grow by 2 million bpd this year Revision driven by continued lockdowns in China Large-scale switching from gas to oil will partly offset significant drop...

Demand for tankers has been climbing. Average profit for an oil product tanker jumped in August Global fuel markets also tight which will only add to inflation fears In the new era of energy...

Covid lockdowns have a significant effect on China’s economic growth Extended Covid-19 lockdown in Chengdu led to a sharp selloff in crude oil High probability of further lockdown-related oil...

At present, oil bears seem to be ruling, as global crude oil prices have tumbled, even after OPEC+ agreed to a symbolic 100,000 bpd production cut. Recession fears, inflation and a slowdown in...

By Alex KimaniEurope’s desperate attempt to rid itself of Russian gas became even more urgent U.S. LNG supplies might not be vulnerable to Russia, but they are vulnerable to extreme...

OPEC+ meeting ends with small production cut Russia was said to have resisted a production cut ahead of meeting OPEC+ decided it could call a meeting at any time The OPEC+ meeting on Monday endorsed...

OPEC Secretary General al-Ghais: recent sell-off in oil was driven by fear. OPEC: crude oil fundamentals remain strong. Al-Ghais: Fears of a major Chinese economic slowdown are overblown. Global oil...

WTI crude rallied almost 3.5% on Thursday morning. Tight supply and falling crude oil inventories support prices. U.S. crude oil inventories are now 6% below the 5-year average. Crude oil prices...