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

Russia cries Dyadya (Uncle), is Saudi Arabia listening?

According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."

60 reasons why oil investors should hang on

Inventories will continue to rise, but the momentum is slowing.

Will oil prices rebound in 2016? Interview with Carl Larry

Oilprice.com recently spoke with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016.

War between Saudi Arabia and Iran could send oil prices to $250

The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries.

What value does Suncor see in Canadian Oil Sands?

Canadian Oil Sands is a weak company that has consistently missed many quarterly targets and is focused on one of the least attractive areas of the oil patch at current prices.

Saudi-Iran dispute won't cause lasting oil price rally

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world.

$10 trillion investment needed to avoid massive oil price spike says OPEC

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.

How much oil is needed to power Santa's sleigh?

Well the answer is complicated by a number of factors most importantly, we just don't know a lot of about Santa's rounds, the shape of the sleigh, the air speed of the craft, or the weight of all those presents. But, we can take some educated guesses.

Strippers suffering from low oil prices

As producers confront this unpleasant reality, some will finally start to significantly curtail or even shut down operations. And that is going to severely hurt an all but invisible group; strippers in the United States.

Why is the US reluctant to bomb ISIS oil fields?

There has been some revealing new information coming out recently regarding the strategy against ISIS.

ISIS, Turkey and oil – the bigger picture: interview with Pelicourt

Robert Bensh—managing director and partner at Pelicourt, a Western-owned oil and gas company discusses navigating tricky conflict zones.

Saudis planning for a war of attrition in Europe with Russia's oil industry

Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Political climate shifting against the oil and gas industry

Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

Oil megaprojects won't stay on the shelf for long

One casualty of the oil price downturn could be the megaproject.

Elon Musk's Hyperloop takes a step forward

Elon Musk famously proposed the idea of the Hyperloop a few years ago, and suggested it could be a revolutionary method for travel based on available technology today.

Forget Vegas, Nevada is now about Reno and lithium

Nevada is booming as new lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple.

Stop blaming OPEC for low prices

Why is it that the responsibility for balancing the market falls on OPEC? Why should OPEC be the one to fix the imbalances in the global crude oil trade?

Day of reckoning for US shale will have to wait

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.

Oil market showdown: Can Russia outlast the Saudis?

While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain.

China to continue expanding its influence in the oil and gas sector

Since 2009, China has been taking a much more active role in its pursuit of international oil contracts.

Africa banking on nuclear power

It’s no secret that Africa’s economic development has been stifled by the shortage of electricity across the continent.

This is what needs to happen for oil prices to stabilize

On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD.

The shale delusion: Why the party's over for U.S. tight oil

Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.

The world's first clean oil sands project: An interview with Dr. Gerald Bailey

After decades of exhaustive attempts to overcome the dirty reputation of oil sands, we finally have an environmentally-friendly and low cost method to tap into these vast resources in the state of Utah—good news both for Mother Nature and all oil and gas investors.

Saudis could face an open revolt at next OPEC meeting

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.