Supply from new oil wells will exceed declining flows from wells already in service, raising overall crude production from the second half of this year, the U.S. Energy Information Administration said in its Short-Term Energy Outlook. SourceContinue Reading

Total SE bucked the trend of a disappointing fourth quarter for Big Oil, reporting earnings that exceeded expectations and pledging more cash for cleaner energy. SourceContinue Reading

Qatar Approves World’s Largest LNG Project | 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 09, 2021, 3:00 PM CST Qatar Petroleum took this week the final investment decision to...Continue Reading

West Texas Intermediate oil is effectively yielding about 8% on an annualized basis for investors who keep rolling their positions from one month into the next. It compares with 1.15% for a 10-year U.S. Treasury, and U.S. junk bonds below 4% for the first time ever. SourceContinue Reading

Germany’s Gas Storage Depletes Fast Amid Lower Gazprom Flows | 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 09, 2021, 2:30 PM CST Germany’s gas storage levels are lower than...Continue Reading

Bullish Sentiment Takes Over Oil Markets | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Feb 09, 2021, 2:00 PM CST Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil...Continue Reading

Tesla’s $25,000 China-Made Compact Car To Sell Globally | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 09, 2021, 1:30 PM CST Tesla China, which is set to design a new compact $25,000 Tesla in Shanghai, will eventually sell the model worldwide, Teslarati reported on...Continue Reading

UAE Aims To Triple Its Solar Installations By 2025 | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Feb 09, 2021, 1:00 PM CST The installed renewable...Continue Reading

The Rapid Rise Of National Oil Companies | 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 – Feb 09, 2021, 12:00 PM CST The world oil markets are...Continue Reading

India Will Drive Energy Demand For The Next 20 Years | 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 09, 2021, 11:00 AM CST India will be the biggest driver of global...Continue Reading