Crude oil is a notoriously inelastic commodity—whatever its price, consumption does not vary greatly. Yet per a notorious industry joke, the only cure for high oil...
OilPrice.com | Is A Recession Really The Next Big Risk For Oil?
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Irina Slav
OilPrice.com | The Mining Industry Is Replicating The Oil Sector Crisis
Earlier this month, Tesla made headlines yet again, but this time...
OilPrice.com | The Perfect Storm In Oil Caught Markets Off Guard
Two years ago, at the height of the pandemic, BP wrote in its...
OilPrice.com | Anti-Oil Lobby Faces Reality Check As Global Demand Is Set To Break Records
Last year, the International Energy Agency made headlines by...
OilPrice.com U.S. Shale Drillers Cautious Despite Record Earnings
Back in mid-February, Pioneer Natural Resources' Scott Sheffield...
OilPrice.com Aramco Overtaking Apple Proves Investors Still Love Oil
Saudi Aramco made headlines last week when it dethroned Apple as...
OilPrice.com Is Energy Security More Important Than Climate Change?
Europe is racing to build LNG import terminals despite setting increasingly ambitious emission reduction...
OilPrice.com Aramco Books $40 Billion Q1 Profit On Oil Rally
Saudi Aramco reported a net profit of $39.5 billion for the first quarter of the year on the back of...
OilPrice.com IEA: Lower Demand Changes Everything For Oil Markets
Two months ago, the International Energy Agency sounded an alarm about global crude oil supply, predicting that...
OilPrice.com UK Ramps Up LNG Imports, But Consumers Unlikely To See Relief
The UK has bucked the pan-European trend of soaring wholesale gas prices as shipments of liquefied natural gas...
OilPrice.com | Is A Recession Really The Next Big Risk For Oil?
Crude oil is a notoriously inelastic commodity—whatever its price, consumption does not vary greatly. Yet per a...
OilPrice.com | The Mining Industry Is Replicating The Oil Sector Crisis
Earlier this month, Tesla made headlines yet again, but this time the news wasn’t good: the company was raising...
OilPrice.com | The Perfect Storm In Oil Caught Markets Off Guard
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had...
OilPrice.com | Anti-Oil Lobby Faces Reality Check As Global Demand Is Set To Break Records
Last year, the International Energy Agency made headlines by calling for an end to new oil and gas exploration...
OilPrice.com U.S. Shale Drillers Cautious Despite Record Earnings
Back in mid-February, Pioneer Natural Resources' Scott Sheffield told Bloomberg that "Whether it's $150 oil,...
OilPrice.com Aramco Overtaking Apple Proves Investors Still Love Oil
Saudi Aramco made headlines last week when it dethroned Apple as the most valuable company in the world,...
OilPrice.com Is Energy Security More Important Than Climate Change?
Europe is racing to build LNG import terminals despite setting increasingly ambitious emission reduction...
OilPrice.com Aramco Books $40 Billion Q1 Profit On Oil Rally
Saudi Aramco reported a net profit of $39.5 billion for the first quarter of the year on the back of...