Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »Oil Near 2019 Highs amid OPEC Cuts. but Economic Slowdown Applies Brakes
The main factor keeping oil prices from rising even further is soaring U.S. oil production.
Read More »IEA Launches World Energy Outlook in China
The IEA will launch its latest work on China’s Power System Reform in Beijing on 25 February.
Read More »Putin. King Salman Salute OPEC+ Deal
Cooperation by Russia and Saudi Arabia on international energy markets will be continued.
Read More »Saudi Aramco will Invest in China`s Petrochemical Complexes during Bin Salman Visit
The investments could help Saudi Arabia regain its place as the top oil exporter to China.
Read More »Turkey will Invest $23 Million for TurkStream in 2019
The project has a total capacity of 31.5 billion cubic meters.
Read More »Turkmenistan Stops Oil Exports due to Vitol and SOCAR Clash
Some traders say the decision was driven by pricing disagreements.
Read More »BP: Oil Demand to Peak in 2030s. EVs to Have Little Effect
Battery manufacturers hope to find more sustainable alternatives to lithium-ion batteries.
Read More »U.S.-China Trade Deal Leads to Higher Energy Price
Higher energy prices will lead to higher gasoline prices in the U.S.
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