Charles is a writer for Oilprice.com
Libya has done the unthinkable: oil production in the war-torn country is actually up substantially in recent weeks, as some idled oil fields came back…
A few days before the highly anticipated OPEC meeting in Algeria, a top official from the group threw cold water on the possibility of a…
The Permian Basin has become so hot that some oil companies are starting to stay away, instead looking at frontiers that are less picked over.…
The oil bust has created the longest period of declining investment in the global energy industry in nearly half a century, according to a new…
The American Petroleum Institute (API) is reporting a 1.4-million-build in US crude oil inventory over last week—bursting the bubble created the week before when official…
The record-breaking installations of solar panels in the U.S. continues with an eye-popping 2 gigawatts installed in just the second quarter of this year, according…
Most top experts from the oil industry do not expect oil prices to trade beyond $60 per barrel in the next 12 months. According to…
At least one source of Nigerian oil exports is set to come back online after Royal Dutch Shell lifted its force majeure on Bonny Light…
Saudi Arabia and Russia said on Monday that they would cooperate to stabilize oil prices, a potential sign that the production freeze talks set to…
Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter…
Iraq surprised the oil market this week by insisting that it would support an output freeze at the upcoming OPEC meeting in Algeria. The comments…
Iraqi Prime Minister Haider al-Abadi announced on Tuesday that the country would support a freeze in oil production during the next meeting of the Organization…
A campaign to restrict fracking in Colorado looks set to fall short, and the shale companies in the state are no doubt starting to breathe…
Layoffs in the oil industry are setting jewelry stores and many fast food restaurant chains back on their bottom lines, according to a new report…
China’s state-owned oil companies have been beaten down by low oil prices and stagnant demand at home. PetroChina and Cnooc reported dismal earnings this week,…
The past two years have seen record volatility in oil prices, opening up opportunities for investors with a high appetite for risk. Several exchange-traded notes…
The investigation by a handful of attorneys general into ExxonMobil has much more to do with the oil major misleading investors than it does about…
U.S. crude oil inventories are down just over 1 million barrels for the week ended 12 August, according to the weekly American Petroleum Institute (API)…
It’s a tough business right now for oil and gas companies, with some companies faring better than others with most majors releasing in-the-red second quarter…
Adding another shock to the already volatile market in contradiction of analyst expectations, the American Petroleum Institute (API) is reporting a significant increase today in…