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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Josh Owens

Oilprice

Contributor since: 20 Dec 2016

Josh Owens

Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and U.S. relations. He has written and curated oil, gas, and renewable energy content for oilprice.com for the last six years.

Latest articles from Josh

  • Oil Rallies On Stimulus Hopes

    Published 06 October 2020 | viewed 5,379 times

    Oil prices climbed higher at the start of the week due to an oil strike in Norway, stimulus talks in the U.S. congress and a…

  • Yet Another Shale Producer Files For Bankruptcy

    Published 01 October 2020 | viewed 26,878 times

    Eagle Ford producer Lonestar Resources filed for bankruptcy protection under Chapter 11 this week, becoming the latest casualty in the string of bankruptcies in the…

  • Texas Taxpayers Face $117 Billion Bill For Orphaned Oil Wells

    Published 01 October 2020 | viewed 8,669 times

    The state of Texas and its taxpayers could be on the hook for paying up to US$117 billion for the cleaning-up of abandoned wells as…

  • Oil Prices Fall As COVID Infections Spike

    Published 29 September 2020 | viewed 5,960 times

    Oil prices fell on Tuesday as sentiment shifted due to an increasing amount of uncertainty surrounding the second wave of COVID-19Chart of the Week-   …

  • Iran Admits To Forging Oil Documents To Skirt U.S. Sanctions 

    Published 28 September 2020 | viewed 4,238 times

    Iran is forging oil export documents so it can pass its oil on the market as non-Iranian crude, thus skirting the U.S. sanctions on its…

  • Bullish Sentiment Extinguished By Demand Fears

    Published 25 September 2020 | viewed 4,208 times

    With oil prices having rebounded above $40 last week on the back of inventory draws and hurricane outages, bearish sentiment returned to markets this week…

  • Oil Still Stuck at $40

    Published 22 September 2020 | viewed 7,347 times

    The Ultimate Resource For InvestorsJoin the world's most comprehensive energy intelligence service today...Chart of the Week-    U.S. crude oil exports hit a record high…

  • Hurricane Outages Provide Temporary Relief For Oil Markets

    Published 15 September 2020 | viewed 4,056 times

    Oil prices rose on hurricane outages on Tuesday morning, although the release of the OPEC and IEA monthly market reports did little to shake the…

  • The Net Zero Emissions Lie

    Published 12 September 2020 | viewed 5,678 times

    Cutting carbon emissions has become a central focus of countries and companies alike in the past decade. The oil majors are racing to ‘go green,…

  • Low Oil Prices Have Put OPEC+ In A Bind

    Published 11 September 2020 | viewed 11,338 times

    While bearish sentiment has returned to oil markets due to what appears to be a weakening demand recovery, oil prices climbed on Friday morning after…

  • Oil Prices Crash On Weak Demand

    Published 08 September 2020 | viewed 14,229 times

    Oil prices crashed at the start of the week, with fears about global oil demand and a weak stock market being the main catalysts. Chart of…

  • Ammonia: A Jet Fuel For The Future

    Published 03 September 2020 | viewed 7,589 times

    The aviation industry is responsible for 2 percent of global carbon dioxide emissions, twelve percent of emissions from transport, and is one of the most…

  • Is It Possible To Make Steel Without Fossil Fuels?

    Published 02 September 2020 | viewed 10,120 times

    Steel is arguably the single most important resource when it comes to constructing infrastructure. From roads, to railways and the skeleton of most buildings, it…

  • Oil Prices Could Rise To $65

    Published 01 September 2020 | viewed 33,960 times

    Oil jumped spiked on Tuesday morning on the back of positive manufacturing news and a weakening of the dollar.Chart of the Week-    From 2011…

  • The Innovative Solution Bringing Electricity To Crisis Stricken Areas

    Published 31 August 2020 | viewed 2,678 times

    Without the uninterrupted supply of power and electricity, modern economies would be unable to function. A blackout can impact everything from transport to health care,…

  • Saudi Troops Join U.S. Base In Oil-Rich Northern Syria

    Published 28 August 2020 | viewed 7,057 times

    Twenty Saudi soldiers arrived this week at a U.S. military base close to an oilfield in northeastern Syria, according to Iranian media, which cite a…

  • Gulf Coast Refineries Restart After Hurricane Scare

    Published 28 August 2020 | viewed 2,886 times

    Refineries along the Gulf Coast began to restart a day after hurricane Laura made landfall in Louisiana, most of them only suffering minimal or no…

  • How To Stop Wind Farms From Becoming ‘Bird Graveyards’

    Published 27 August 2020 | viewed 4,341 times

    Problems With Renewables The problems with renewable energy are, by now, common knowledge for most. From intermittency to storage limitations, high upfront costs and geographic…

  • Gulf of Mexico Storms Push Oil Prices Higher

    Published 25 August 2020 | viewed 5,867 times

    Finding the energy stocks that have the most potential at any given time is a long and arduous task. But with Intelligent Investor, we do…

  • Bullish Sentiment Is Building In Oil Markets

    Published 18 August 2020 | viewed 10,366 times

    For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to…

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