The North African nation’s struggling to keep up shipments of oil and gas — the lifeblood of the economy — as years of mismanagement and a lack of investment take their toll. The decrease is so severe that Algeria might cease to be an crude exporter within a decade, according to Cherif Belmihoub, a minister...Continue Reading

Venezuela Jails PDVSA Managers For Providing Oil Data To U.S. | 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 Related News By Tsvetana Paraskova – Feb 08, 2021, 9:30 AM CST Venezuela has jailed for five years...Continue Reading

Oil Hits $60 For The First Time Since Pandemic Started | 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 – Feb 08, 2021, 9:20 AM CST Brent Crude prices hit $60 a...Continue Reading

Aramco Remains Second Most Valuable Oil Brand In The World | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Feb 08, 2021, 9:00 AM CST Saudi state oil giant Aramco remained the second most valuable brand in the oil and gas industry last year, with a...Continue Reading

Bitcoin Surges To All-Time Highs On Tesla’s $1.5 Billion Investment | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Feb 08, 2021, 8:00 AM CST Elon Musk has been on a crypto tear over the past two weeks. It began with...Continue Reading

Global stockpiles in onshore tanks and floating storage are estimated by the International Energy Agency to have shrunk by about 300 million barrels since OPEC and its allies made deep production cuts in May. Reduced supply and the vaccine-driven demand boost have entrenched Brent’s futures price curve in a bullish backwardation structure, which encourages the...Continue Reading

How U.S. Sanctions Against Venezuela Backfired | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Feb 07, 2021, 7:00 PM CST Harsh U.S. sanctions, a crumbling economy,...Continue Reading

Green Tech Could Create The First Trillionaire | OilPrice.com Premium Content By Felix Williams – Feb 07, 2021, 6:00 PM CST Big tech has ignored green tech, but make no mistake: The world’s first trillionaire could well come from the green tech sector.  And right now, while the only clear front-runners are Elon Musk–already the...Continue Reading

Absolute-Zero Is The New Net-Zero For Emissions | 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 – Feb 07, 2021, 5:00 PM CST The net-zero emissions goal of many governments has more or less...Continue Reading

Is A Career In Oil Still A Safe Bet? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Feb 07, 2021, 4:00 PM CST A whole generation of...Continue Reading