Crude oil and natural gas production in the Eagle Ford shale play, situated in southeast Texas, dropped by almost 35% and 20%, respectively, in May 2020 due to the COVID-19 pandemic, according to GlobalData. SourceContinue Reading

Oil advanced amid speculation that OPEC and its allies may not add as much supply to the market as previously planned if the U.S. releases crude reserves in coordination with other nations. SourceContinue Reading

Americans Blame High Gas Prices For “Bad Economy” | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 22, 2021, 3:00 PM CST Poll: About 50 percent of Americans are worried about being able to afford to fill up their cars Respondents of a CBS News...Continue Reading

Saudi Aramco’s $15 Billion Oil Deal With India’s Largest Company Fails | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 22, 2021, 2:30 PM CST Saudi Aramco and India’s Reliance Industries have scrapped plans for the Saudi oil giant to invest around $15 billion in...Continue Reading

El Salvador Is Planning To Build A Tax-Free Bitcoin Utopia Using Volcanic Power | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 22, 2021, 2:00 PM CST Pro-Bitcoin El Salvador is looking to build the world’s first “Bitcoin City.” The President noted...Continue Reading

President Joe Biden is preparing to announce a release of oil from the nation’s Strategic Petroleum Reserve in concert with several other countries as soon as Tuesday, according to people familiar with the plan. SourceContinue Reading

Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year. SourceContinue Reading

Halting Cambo Oilfield Exposes The UK To Energy Shortages | 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 – Nov 22, 2021, 1:30 PM CST Recent suggestions that the UK should not...Continue Reading

Colombia Desperately Needs To Ramp Up Its Oil Production | 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 – Nov 22, 2021, 1:00 PM CST The COVID-19 pandemic...Continue Reading

British Gas Swoops In To Save Stranded Customers From Energy Crisis | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Related News By City A.M – Nov 22, 2021, 12:30 PM CST British...Continue Reading