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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.

  • Pipeline Hackers Lose Access To Ransom Funds

    Published 14 May 2021 | viewed 743 times

    The operator of the ransomware group Darkside said on Friday it had lost control of its servers and some of the money it had made…

  • The “Great Car Comeback” Brightens Oil Demand Outlook

    Published 30 April 2021 | viewed 2,030 times

    Despite high vaccination rates in many parts of the world, people appear to be still wary of public transit, opting for personal vehicles, which is…

  • Are Bitcoin’s Environmental Risks Overblown?

    Published 17 April 2021 | viewed 2,365 times

    Bitcoin and other cryptocurrencies have received a lot of negative attention in recent months and years for their absolutely staggering energy consumption. Bitcoin alone consumes…

  • Tech Majors Bet Big On Clean Energy

    Published 12 March 2021 | viewed 2,467 times

    In recent years, Big Tech and Big Oil have emerged as some of the biggest buyers of renewable energy, with dozens now covering a substantial…

  • Small Oil Firm Gets Massive Wall Street Bets Bump

    Published 29 January 2021 | viewed 2,614 times

    An oil company producing the equivalent of 70 barrels of oil daily surged in value almost 1,000 percent to $128 million thanks to a surge…

  • Will Biden Lift Sanctions On Venezuela?

    Published 22 January 2021 | viewed 2,230 times

    The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a…

  • India Looks To Import More Venezuelan Oil Under Biden

    Published 21 January 2021 | viewed 2,211 times

    India hopes it could diversify its oil suppliers under the new U.S. Administration that could relax restrictions on oil exports from Iran and Venezuela, India’s…

  • Biden Looks To Rejoin Paris Climate Agreement

    Published 20 January 2021 | viewed 1,830 times

    On his first day in office on Wednesday, incoming U.S. President Joe Biden will sign executive orders to reverse decisions of the previous administration and…

  • Oil Demand Falters On New Wave Of Lockdowns

    Published 16 January 2021 | viewed 5,623 times

    Road traffic and transportation fuel demand in most of Europe at the start of 2021 is likely at its weakest since the end of the…

  • The Most Exciting And Strange Energy Tech Of The Year

    Published 25 December 2020 | viewed 8,269 times

    New energy tech is undergoing a metamorphosis at breakneck speed, whether it’s the stock-boosting driverless Apple car or even masks for cows. Sometimes it’s simply…

  • Mexico Is Quietly Pushing Out Foreign Oil Investors

    Published 19 December 2020 | viewed 2,745 times

    For nearly 80 years, Mexico kept its borders closed to foreign oil interests, with the state-owned and -run Petroleos Mexicanos (Pemex) being the only entity…

  • Who Will Pay For The $40 Trillion Energy Transition?

    Published 05 December 2020 | viewed 6,563 times

    The pandemic has multiplied the calls for ‘building back greener’ energy systems as economies recover from COVID-19. From the UK to China, governments around the…

  • Biden Will Be A Boon For Solar Stocks

    Published 30 November 2020 | viewed 3,567 times

    With the elections done and dusted and Joe Biden firmly on the road to ascending to the Oval Office, the renewable energy sector is licking…

  • Big Oil Is Paying The Price For Investing In Renewables

    Published 20 November 2020 | viewed 6,390 times

    Big Oil has been frequently lambasted for trying to burnish its green credentials through half-hearted investments in renewables. That might have been true for much…

  • Saudi Arabia Lost $27 Billion In Oil Crash

    Published 13 November 2020 | viewed 3,819 times

    The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday,…

  • Big Profits Are No Longer The Top Priority For Oil Investors

    Published 26 October 2020 | viewed 6,834 times

    For years, the oil industry drew in investors with sizable—and regular—returns. Even when oil prices fell, Big Oil found ways to keep paying dividends, even…

  • Three Renewable Energy IPOs To Watch

    Published 23 October 2020 | viewed 5,797 times

    The IPO market isn’t quite what it was a decade or two ago. Today, more and more startups are opting to remain private or sell…

  • The Hydrogen Boom Will Provide A $200B Boost To Wind And Solar Energy

    Published 16 October 2020 | viewed 8,018 times

    The renewable energy sector has lately been sizzling with very bullish projections--and a few bearish ones--coming from Wall Street. Solar stocks have especially been shooting…

  • The Real Reason China Is Betting Big On Renewables

    Published 13 October 2020 | viewed 5,403 times

    The energy and environmental sectors are still abuzz with the ambitious carbon neutrality plan announced by Beijing almost a month ago. Chinese President Xi Jinping…

  • Aramco Dividend Won’t Cover Saudi Budget Gap

    Published 10 October 2020 | viewed 6,446 times

    The massive US$75-billion annual dividend of Saudi Aramco cannot fund the widening budget gap of Saudi Arabia if oil prices remain low beyond 2021, Moody’s…