Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The rise in oil prices moved in tight correlation with the hiring at companies at the heart of the U.S. oil production—Houston—where hiring jumped by…
After an initial hesitance over how the returning U.S. sanctions will affect Iran’s oil buyers, European refiners are beginning to wind down purchases from Iran…
Analysts continue to focus on the surging oil production in the Permian and looming takeaway capacity bottlenecks that could slow down the oil growth in…
The world’s largest sovereign wealth fund, Norway’s US$1-trillion Government Pension Fund Global, voted in favor of a proposal to separate Elon Musk’s chairman and CEO…
The trade relations between the U.S. and the European Union took a turn for the worse last week, after U.S. President Donald Trump imposed steel…
Venezuela’s President Nicolas Maduro has accused the United States of infiltrating senior positions at the Venezuelan oil industry. “There was a process of penetration and…
While many market participants view the recent talk of OPEC potentially raising oil production by as much as 1 million bpd as a bearish factor…
Although Nigeria has managed to restore its oil production to around 1.8 million bpd, following major militant attacks on oil infrastructure in 2016, sabotages in…
Some newly elected Iraqi lawmakers, linked with populist Shiite cleric Moqtada al-Sadr whose alliance won the elections last month, are not sure that Baghdad’s participation…
Ukraine’s Naftogaz said on Tuesday that a Dutch court had approved its petition to freeze Gazprom assets in the Netherlands as the Ukrainian company seeks…
Oil prices slid early on Tuesday, as reports of the U.S. asking OPEC to lift oil production and hedge funds boosting their short positions added…
The United States has quietly asked Saudi Arabia and several other OPEC nations to raise oil production by some 1 million bpd, Bloomberg reported on…
The oil price run over the past year will result in higher ticket fares, even if many air carriers have hedged fuel at lower prices,…
Kenya sent on Sunday the first trucks transporting crude oil from the oil-rich but landlocked northern region of Turkana to the port of Mombassa, for…
India received on Monday its first liquefied natural gas (LNG) cargo from Russia under a long-term supply contract with Gazprom, in a move that Indian…
A New York technology start-up that wants to make voting accessible to retail shareholders will debut for Tesla’s shareholders’ meeting on June 5 at which…
Despite the recent sell-off, Brent Crude prices continue to be supported by geopolitical events and supply concerns, while the U.S. benchmark WTI Crude has been…
Iran’s crude oil and condensate exports hit 2.7 million bpd in May, higher than its average volumes over the past year, while the U.S. withdrew…
Saudi Aramco is restructuring its non-oil businesses into subsidiaries and possible spin-offs as it aims to streamline operations and achieve a higher valuation for its…
In a tight oil market reacting with price gains to concerns about supply shortages, the leaders of the OPEC and non-OPEC nations part of the…