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Oilprice.com

Oilprice.com

OilPrice.com

Contributor since: 26 Feb 2010

Biography

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil, Oil Price History, Gold Prices, etc... In a format that appeals to both novices and industry professionals.

  • Cartel's, Pirates And Corruption Cost Mexico $1.6 Billion Per Year

    Published 19 April 2018 | viewed 343 times

    Mexican oil is hemorrhaging money thanks to gasoline-guzzling cartels, seafaring pirates, and widespread collusion within their own ranks. While this is nothing new for the…

  • China’s New Car-Market Rules

    Published 18 April 2018 | viewed 394 times

    China is removing a limit on foreign ownership of carmaking joint ventures that has been in place since 1994, and that comes as welcome news…

  • U.S. Critical Infrastructure Hit In Wave Of Cyber Attacks

    Published 11 April 2018 | viewed 1,139 times

    In the past few weeks at least seven natural gas pipeline operators were the victims of hackers that targeted third-party communications system Latitude Technologies, causing…

  • Russia Joins China In Fight Against The Petrodollar

    Published 10 April 2018 | viewed 1,389 times

    Russia is considering replacing the U.S. dollar in crude oil payments on deals with Turkey and Iran, Energy Minister Alexander Novak said as quoted by…

  • Tesla Could Be The Biggest Loser In The Trade War

    Published 06 April 2018 | viewed 456 times

    A few years ago, Elon Musk said that Tesla could sell more cars in China than in America in the long term, because the Chinese…

  • Trump Backs Oil Over Agriculture

    Published 05 April 2018 | viewed 437 times

    The Trump administration seems to be leaning towards allying with the oil refining industry in its fight against Big Corn and federal rules requiring the…

  • Musk Sleeping At Tesla Factory To Address Model 3 Woes

    Published 03 April 2018 | viewed 2,004 times

    They say not to bring your work home with you, but what about bringing your home to work? Elon Musk is doing just that, saying…

  • Fukushima Decommissioning To Cost $75 Billion

    Published 02 April 2018 | viewed 421 times

    The decommissioning of the Fukushima nuclear power plant will cost an annual US$2 billion (220 billion yen) until 2021, an unnamed source told the Japan…

  • EV Battle Heats Up Despite Trade War Fears

    Published 30 March 2018 | viewed 725 times

    Electric vehicle makers have largely relied on aluminum to make their cars lighter in hopes of offsetting the weight of the battery pack and reducing…

  • Russia Says No To Crypto For Venezuelan Debt

    Published 29 March 2018 | viewed 773 times

    If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian…

  • China's Crude Futures Launch With 10 Billion Yuan Traded In First Hour

    Published 26 March 2018 | viewed 546 times

    China’s yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over two and a…

  • The Biggest Threat To Chinese Oil Futures

    Published 21 March 2018 | viewed 519 times

    This week will see a historic event: on March 26, trading will begin in yuan-denominated crude oil futures contracts on the Shanghai International Energy Exchange.…

  • ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource

    Published 20 March 2018 | viewed 573 times

    The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map…

  • U.S. Sanctions Russia For Election Meddling And Cyberattacks

    Published 16 March 2018 | viewed 496 times

    The Trump administration issued a series of punitive sanctions against Russia for coordinating a cyberattack on the U.S. energy grid, aviation systems, and other infrastructure,…

  • The Mysterious Chinese Company Looking To Buy Russia's Energy Giant

    Published 09 March 2018 | viewed 711 times

    When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an…

  • The Oil Industry Is Going Digital

    Published 07 March 2018 | viewed 671 times

    If there is ever a poll for the most annoying, most abused word or phrase in the technology field, “innovation” will be up there in…

  • Are Renewables An Attractive Investment For Oil Companies?

    Published 06 March 2018 | viewed 607 times

    Pressured by investors who expect to see higher returns after the oil price downturn, oil and gas companies are finding themselves without much incentive to…

  • RoboTaxis Won’t Be Taking Over Any Time Soon

    Published 05 March 2018 | viewed 590 times

    Automakers are making serious commitments to robotic, electrified vehicles of the future - but car buyers haven’t yet bought in. The Center for Automotive Research…

  • Hong Kong Makes Buying EVs More Attractive

    Published 28 February 2018 | viewed 1,179 times

    Hong Kong is introducing a new tax benefit for residents buying an electric car that would make EVs cheaper, as it tries to encourage battery-powered…

  • OPEC ‘Supergroup’ Keeps Oil Exports Subdued

    Published 23 February 2018 | viewed 687 times

    I was jesting the other day about who would be on guitar in OPEC's supergroup, but it got me thinking about the various global oil producers,…