Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices changed little today after the Energy Information Administration estimated a modest inventory increase of 600,000 barrels for the week to April 7.…
The end of a year and the start of a new one is usually a time fraught with forecasts about the trends that will shape…
Crude oil prices started the day with a gain, rising modestly in Asian morning trade as the market assessed the risk of another rate hike…
Citigroup has bucked the bullish oil price forecast trend in analyst circles, expecting oil prices to dip instead of rally further despite OPEC+’s efforts in…
Crude oil prices started the week steady, with Brent crude trading close to $85 per barrel and West Texas Intermediate at close to $80.50 per…
Toyota, which until now has largely steered clear of the EV market, has made an ambitious plan to launch 10 EV models in three years.…
Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian…
Crude oil prices are about to post a third weekly gain boosted by OPEC+’s unexpected decision to reduce its combined output by another 1.16 million…
A week ago, predicting where oil prices would be in six months or at the end of 2023 was relatively easy. Bar a global slowdown,…
China is building or planning to build some 366 GW in new coal generation capacity, accounting for some 68% of global planned new coal capacity…
Gunvor reported a net profit of $2.36 billion for 2022, joining other commodity trading majors and energy companies in raking in record earnings on the…
Oil prices climbed higher today, after the Energy Information Administration reported a crude oil inventory draw of 3.7 million barrels for the week to March…
Crude oil prices have so far held on to their gains from Monday despite the latest PMI reading for China, which showed a decline in…
A federal judge has dismissed a lawsuit brought against ConocoPhillips for its planned Willow oil project in Alaska by a group of environmentalist organizations. The…
When earlier this year, prices slumped following the series of bank collapses in the United States, their subsequent recovery was attributed to one factor: China.…
Hours after OPEC+ announced it would reduce its combined oil production by more than 1 million bpd, Goldman Sachs issued a revision of its oil…
OPEC+ on Sunday surprised oil markets with an announcement that it will reduce its output further, by some 1.66 million barrels daily. Reuters noted in…
Crude oil may end the week with another gain on the back of disrupted supply from Iraq. The disruption resulted from a dispute between Baghdad…
Last month, energy consultancy Wood Mackenzie came out with a warning: the world was running out of oil, but not just any oil. It was…
Last year, several U.S. banks threatened to leave the Glasgow Financial Alliance for Net Zero – a group led by former Bank of England governor Mark Carney,…