Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
A new Chinese refinery is pushing the price of heavy crude oil higher after a prolonged period of depression. Heavy crude has traditionally traded at…
Soaring costs have caused a slowdown in oil and gas production growth in the U.S., with the outlook also worsening, the latest edition of the…
Oil prices ticked up today, after the U.S. Energy Information Administration reported a crude oil inventory draw of 7.5 million barrels for the week to…
Just days after she suggested refilling the strategic petroleum reserve could take years, Energy Secretary Jennifer Granholm has said that buying for the SPR could…
The collapse of Silicon Valley Bank and Signature Bank shook up the U.S. banking system, possibly more strongly than news reports and government officials made…
The United States and Japan have sealed a deal to cooperate on critical minerals for batteries that will see the two try and move EV…
During a visit to Algeria earlier this month, the European Union's foreign policy chief, Josep Borrell, called for closer energy cooperation between the EU and…
Copper prices are likely to hit a record high in the next 12 months, commodity trading major Trafigura has forecast, citing the rebound in China’s…
Despite continued pressure on oil prices, the commodity will likely end the week with a gain. Although crude began Friday trade with a loss, it…
In early March, the Energy Information Administration forecast that U.S. crude oil production would rise by close to 600,000 barrels daily this year to a…
Goldman Sachs expects higher oil prices 12 months from now, analysts from the investment bank said in a note, pointing out a forecast demand increase…
Crude oil prices moved lower today as the Federal Reserve signaled the U.S. economy is not yet out of the woods and the EIA reported…
This week, the Intergovernmental Panel on Climate Change released a new report. Unsurprisingly alarming, the report aimed to turn up the heat on governments, the…
Early this month, Tesla’s Elon Musk announced the company’s next-generation cars would cost half as much as current models. The bombastic statement was completely in…
Crude oil prices climbed today, after the U.S. Energy Information Administration reported another weekly build in crude oil inventories of 1.1 million barrels. That compared…
After reversing last week’s rout and rising for two consecutive days earlier this week, oil prices were down on Wednesday morning in Asian trade ahead…
Global investments in the energy transition would need to increase to $3.5 trillion per year if the world is to become a net-zero place by…
Last week, oil prices booked their worst week since the start of the year, dropping off a cliff on renewed fears about the global economy…
OPEC’s Secretary General Haitham Al Ghais and Iraq’s Prime Minister met over the weekend and called for coordinated action among oil exporters globally in order…
Crude oil prices began yet another week with a loss despite strong signals that central banks are stepping in to help troubled lenders in the…