By Editorial Dept – Jan 08, 2021, 12:00 PM CST Oil prices reached the highest point since February 2020 this week after Saudi Arabia’s surprise announcement at the monthly OPEC+ Ministerial Meeting that it would voluntarily cut an additional 1 million barrels per day from its oil production. This extra cut–by the only true swing...Continue Reading

By Editorial Dept – Jan 08, 2021, 12:00 PM CST U.S. West Texas Intermediate crude oil futures continued to move higher on Friday with last February’s high at $53.60 well within reach. Investors continue to look beyond rising coronavirus cases, instead choosing to focus on the prospect of lower supply after Saudi Arabia pledged to...Continue Reading

By Editorial Dept – Jan 08, 2021, 12:00 PM CST Geopolitics – In an unexpected turn of events indicative of the United States loss of power in Iraq, an Iraqi court has issued an arrest warrant for Trump in connection with the assassination last year in Iraq of Iranian General Qassim Soleimani and Iraqi militia...Continue Reading

New Lockdowns Dash Hopes Of A Rapid Oil Demand Recovery In Europe | 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 Related News By Irina Slav – Jan 08, 2021, 11:30 AM CST Extended lockdowns in response to the...Continue Reading

Oil Rally Continues Despite Slow Vaccine Rollout | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Jan 08, 2021, 11:00 AM CST Crude oil prices continued their climb on Friday, poised for...Continue Reading

Cold Weather In China Sends Coal, Gas Prices Sky-High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 08, 2021, 10:00 AM CST The coldest winter in China since 1966 has sent coal and gas prices soaring as power demand surges. Gas prices hit a...Continue Reading

Petrobras Oil Output Hits Record In 2020 | 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 Related News By Irina Slav – Jan 08, 2021, 9:30 AM CST Crude oil output from fields operated by Brazil’s state energy major...Continue Reading

Tesla Tops Facebook To Become Fifth Most Valuable Company | 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 – Jan 08, 2021, 9:00 AM CST Tesla (NASDAQ: TSLA) surpassed Facebook in terms...Continue Reading

The Future For Natural Gas Is Far From Certain | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Jan 07, 2021, 7:00 PM CST Natural gas seems...Continue Reading

3 Reasons To Go All In On Lithium | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jan 07, 2021, 6:00 PM CST The last decade has been brutal for commodities, with the sector posting declines in 7 out...Continue Reading