With oil stuck at around $40, and more supply coming online from Libya, the cartel is now under pressure to revise its plan to ease those output cuts. It has already relaxed them by about 2 million barrels a day, and is due to add another 1.9 million in January. SourceContinue Reading

The combination Conoco and Concho will be one of the dominant operators in the Permian Basin of West Texas and New Mexico, rivaling only the likes of Occidental Petroleum Corp. and Chevron Corp. in terms of crude output. SourceContinue Reading

While opinions differ on oil demand and production rates, a fourth week of growth in the rig count appears to prove some projections right, while invalidating others. SourceContinue Reading

Oil Majors Stuck Between A Rock And A Hard Place | OilPrice.com Andreas De Vries Andreas de Vries is a Strategy Consultant in the Oil & Gas industry, supporting companies to not only develop strategies for success but also execute them. More Info Premium Content By Andreas De Vries – Oct 18, 2020, 6:00 PM CDT...Continue Reading

Big Banks Could Lose Billions In The Global Energy Transition | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 18, 2020, 4:00 PM CDT JP Morgan pledged to help clients align their...Continue Reading

How Long Will China Continue To Prop Up The Oil Market? | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 18, 2020, 12:00 PM CDT China has played a significant...Continue Reading

Is This Europe’s Newest Oil & Gas Hotspot? | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Oct 18, 2020, 10:00 AM CDT When Michelangelo Merisi (also...Continue Reading

A Geopolitical Time Bomb In Europe | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Oct 17, 2020, 6:00 PM CDT In a week when several major...Continue Reading

Sanctioned Belarus Moves Closer To Russia As Crisis Continues | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Oct 17, 2020, 4:00 PM CDT Belarus is slowly...Continue Reading

Why Japan Isn’t Rushing To Reform Its Energy Mix | OilPrice.com Vanand Meliksetian Vanand Meliksetian has extended experience working in the energy sector. His involvement with the fossil fuel industry as well as renewables makes him an allrounder… More Info Premium Content By Vanand Meliksetian – Oct 17, 2020, 12:00 PM CDT The departure of...Continue Reading