Oilprice.com

OilPrice.com is the fastest growing energy news site online. Our analysis focuses on Oil and Gas, Alternative Energy and Geopolitics. We have 3 in house writers and publish research from over 150 contributors. – www.oilprice.com

US Shale has a glaring problem 

To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust." 

Oil price rally boosts electric car sales

Rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.

The single biggest breakthrough in oil tech this year

Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources.

A Saudi Iran oil war could break up OPEC

Could OPEC be on the way out? Maybe.

Saudi Arabia and Iran reignite the oil price war

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers.

Coke, meth and booze: The flip side of the Permian oil boom

The Permian shale play in West Texas is once again booming with drilling and is full of oil field workers, some of which are abusing drugs and alcohol.

Strong dollar could cap oil prices

The strength of the U.S. dollar poses an obstacle to further gains in oil prices.

The Saudis won't prevent the next oil shock

Unless demand falls back, or some of these outages dissipate, oil prices could be heading much higher.

Emerging market meltdown could undermine oil rally

Higher production doesn't necessarily mean higher oil prices are entirely out of the question.

IEA: high oil prices "taking a toll" on demand

Geopolitics has taken over the oil market, driving oil prices up to three-year highs.

An oil price rally is likely

Geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.

Building the world's largest solar project

Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project. 

Oil market fears: war, default and nuclear weapons

Outside of the US, there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market.

5 record breaking gemstones even billionaires can't buy

The global economy is booming and demand for precious jewels, particularly colored gemstones, has never been higher.

Oil prices ravaged by financial turmoil

Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. 

Can the shale boom avoid these bottlenecks?

Shale companies continue to drill at frenzied pace, breaking U.S. oil production levels. Yet production is becoming increasingly geographically concentrated.

Why is the shale industry still not profitable?

Echoing criticism of too much hype surrounding U.S. shale from Saudi oil minister last week, new report finds shale drilling still largely not profitable.

What could push oil to $100?

The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.

Oil tops $60 at close of year

Oil prices are set to close out the year up more than 11 percent, hitting their highest level since 2015. However, the road to higher prices was rocky.

Venezuela backs its new cryptocurrency with 5 billion barrels of crude

Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency - the 'Petro' - to overcome The West's "financial blockade."

Santa is putting Christmas on the blockchain and saving billions

This Christmas, there is so much more that you know about, as Santa straps on today’s hottest new technological advancement: The blockchain.

The one indicator OPEC must watch

Last week, OPEC decided to extend its production cuts through end of 2018. The target is now to bring global oil inventories back down to the 5 year average.

Is peak Permian only 3 years away?

The world's hottest shale basin, the Permian, is leading the second U.S. wave of tight oil production growth and will continue to do so for years to come, all analysts say.

The 5 countries that could push oil prices up

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market.

The “Amazon Effect” is coming to oil markets

While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field.