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Oilprice.com

Oilprice.com

Writer, 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.

  • Musk Takes To Twitter To Troll The SEC

    Published 04 July 2020 | viewed 437 times

    Elon Musk took his Twitter feud with Tesla’s short sellers and the Securities and Exchange Commission to a whole new level on Thursday evening, mocking…

  • Why The World's Central Banks Aren't Yet Sold On Renewables

    Published 01 July 2020 | viewed 1,292 times

    With the global economy reeling, millions of jobs permanently destroyed, and more than half a million people dead, it’s hard to find anything positive about the…

  • BP Sells Petrochemical Business For $5 Billion

    Published 29 June 2020 | viewed 1,346 times

    As part of its plan to reinvent itself through the energy transition, BP has agreed to sell its global petrochemicals business to UK’s Ineos for…

  • Major U.S. Cities Are Turning To Renewables

    Published 28 June 2020 | viewed 1,568 times

    U.S. cities and counties have signed procurement deals for nearly 8.3 gigawatts (GW) of renewable energy since 2015, the new Local Government Renewables Action Tracker…

  • Singapore's $3 Billion Oil Trading Scandal

    Published 26 June 2020 | viewed 1,341 times

    Back in April, Reuters reported that fabled Singapore oil trading firm, Hin Leong Trading (Pte) Ltd, had been caught with its hand in the cookie jar: One…

  • Saudi Arabia Builds $4 Billion Tourism Fund

    Published 23 June 2020 | viewed 910 times

    The world’s top oil exporter, Saudi Arabia, is creating a tourism development fund with an initial investment of US$4 billion as part of efforts to diversify away…

  • U.S. Gas Prices Set To Spike

    Published 18 June 2020 | viewed 1,104 times

    There is virtually no economic sector on Earth that has not been impacted by the spread of the novel coronavirus, but few have been as…

  • Demand For Electricity Is Growing Faster Than Population

    Published 15 June 2020 | viewed 1,050 times

    Electricity consumption around the world is growing faster than the population, with consumption per capita rising, the U.S. Energy Information Administration (EIA) said on Monday. According…

  • U.S. Oil Companies Are Scrambling To Avoid Bankruptcy

    Published 14 June 2020 | viewed 1,712 times

    Many U.S. shale firms have cruised through the past couple of years by borrowing money and drilling new wells, making the United States the world's…

  • Tesla's New Rival Explodes Following IPO

    Published 10 June 2020 | viewed 1,267 times

    They are both named after inventor Nikola Tesla. They are both aiming to upend the market of predominantly gasoline and diesel-powered cars and trucks with…

  • Will The U.S. Nuclear Industry Survive COVID-19?

    Published 06 June 2020 | viewed 1,016 times

    In the United States, nuclear energy just can’t catch a break. Despite the fact that generating carbon-free energy has never been more important, the nuclear…

  • Are Investors Ignoring The Largest Financial Risk Ever?

    Published 04 June 2020 | viewed 1,123 times

    Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund.  Global temperatures have already increased by 1.1 degrees…

  • Bill Gates And Big Oil Chase The Dream Of Nuclear Fusion

    Published 02 June 2020 | viewed 2,027 times

    The decades-old debate over nuclear fusion vs. fission is on the edge of a breakthrough as startup Commonwealth Fusion Systems wins over Bill Gates and other backers. Norwegian oil…

  • How BlackRock Became King Of ESG Investing

    Published 01 June 2020 | viewed 1,575 times

    It’s off to the races for the world’s largest asset manager, BlackRock Inc. (NYSE:BLK). At a time when the majority of Wall Street’s megabanks are just starting…

  • Escalating Tensions Could Crush $52 Billion China-U.S. Energy Deal

    Published 29 May 2020 | viewed 1,367 times

    The latest escalation between the U.S. and China could compromise U.S. energy sales worth $52 billion that China pledged to make over the next few…

  • Working From Home Will Transform The Energy Industry

    Published 26 May 2020 | viewed 1,039 times

    A few days ago, Facebook joined Twitter in embracing remote work as a permanent option for many of its employees. In a decade, Mark Zuckerberg…

  • The Risky World Of Oil Hedging

    Published 26 May 2020 | viewed 7,959 times

    Hedging is a popular trading strategy frequently used by oil and gas producers, airlines, and other heavy consumers of energy commodities to protect themselves against market…

  • Tesla’s Latest Battery Innovation Ready For Use In China

    Published 25 May 2020 | viewed 1,370 times

    Tesla has made a move away from the dominant EV battery technology, asking the Chinese government for approval to start manufacturing Tesla Model 3 featuring…

  • Europe Set To Unveil Its $500 Billion 'Green Deal'

    Published 22 May 2020 | viewed 1,449 times

    The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession –…

  • Why Big Finance Is Bailing On Fossil Fuels

    Published 20 May 2020 | viewed 1,606 times

    When two of the biggest beneficiaries of fossil fuels abandon the cause is that an omen? Start with Norway’s sovereign wealth fund, the biggest in…