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Oilprice.com is the most popular energy news site in the world. Our analysis focuses on Oil and Gas, Alternative Energy and Geopolitics.Oilprice works with the largest names in financial news and provides news and analysis to sites such as: CNBC, Yahoo Finance, Nasdaq, Motley Fool, Huffington Post, Christian Science Monitor, Minyanville and hundreds of others.OilPrice.com publishes more news than any other energy related site online.

Most Recent Articles by Oilprice.com:

$100 Oil Is A Distinct Possibility

Sep 27, 2018 — Oilprice.com

$100 Oil Is A Distinct Possibility
An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report.

The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent non-OPEC supply from plugging the gap. To top it off, new regulations from the International Maritime Organization set to take effect in 2020 could significantly tighten supplies.


The Downside For Oil Is Limited

Sep 11, 2018 — Oilprice.com

The Downside For Oil Is Limited
More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next?

Oil prices posted steep losses just as the bulls were back on the march. WTI briefly topped $70 per barrel in recent days and Brent was flirting with $80. But the rally was kneecapped by a variety of factors, and it could be challenging to break above those key pricing thresholds in the near future.


The Single Biggest Breakthrough In Oil Tech This Year

Aug 29, 2018 — Oilprice.com

Utah's oil sands industry
Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources.

Despite the potential, “only a few companies are pursuing the price-sensitive and water-intensive development of the state’s oil shale and oil sand resources,” the EIA said in a 2017 report on the state, essentially writing off the region as a meaningful opportunity.


A Saudi-Iran Oil War Could Break Up OPEC

Aug 24, 2018 — Oilprice.com

A Saudi-Iran Oil War Could Break Up OPEC
When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran.


Saudi Arabia And Iran Reignite The Oil Price War

Aug 14, 2018 — Oilprice.com

Saudi Arabia And Iran Reignite The Oil Price War
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.

Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S. sanctions on Tehran return in early November. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply.


Strong Dollar Could Cap Oil Prices

Jul 27, 2018 — Oilprice.com

Strong Dollar Could Cap Oil Prices
President Trump’s trade war with China, which is still in its early stages, has already battered the yuan. The dollar has gained more than 8 percent against the Chinese currency since March. As Reuters points out, in dollar terms the price of Brent oil has climbed 9 percent this year, but in yuan terms oil is now nearly 14 percent more expensive.


The New Oil Cartel Threatening OPEC

Jul 6, 2018 — Oilprice.com

The New Oil Cartel Threatening OPEC
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying.

“The timing is right. The boom in U.S. oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions.


3 Breakthrough Technologies Changing The Energy Sector

Jun 30, 2018 — Oilprice.com

3 Breakthrough Technologies Changing The Energy Sector, Perovskite: Solar Panels, Lithium, Petroteq
Energy has seen some big changes in the last few years.

Coal has stumbled. Renewables have surged. Oil fell hard, then spent years clawing its way back up.

But the biggest change in energy has been in tech.


The Saudis Won’t Prevent The Next Oil Shock

Jun 30, 2018 — Oilprice.com

The Saudis Won't Prevent The Next Oil Shock
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according to Reuters.


Can Saudi Arabia Prevent The Next Oil Shock?

Jun 14, 2018 — Oilprice.com

Can Saudi Arabia Prevent The Next Oil Shock?
The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump’s Twitter diplomacy, perceived Russian willingness to open up the taps and pressure from Asian consumers) Saudi Arabia will be willing to revoke its current production cut stance.


Emerging Market Meltdown Could Undermine Oil Rally

May 31, 2018 — Oilprice.com

Emerging Market Meltdown Could Undermine Oil Rally
Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn’t necessarily mean higher oil prices are entirely out of the question, and in fact, the oil market is still faced with a ton of uncertainty.

Higher oil production from the OPEC/non-OPEC group would seem to close off the higher-price scenario. But a “complete collapse” of Venezuela’s oil production could still push oil prices up to $100 per barrel, Bob Parker, investment committee member at Quilvest Wealth Management, told CNBC.


IEA: High Oil Prices “Taking A Toll” On Demand

May 17, 2018 — Oilprice.com

IEA: High Oil Prices Taking A Toll On Demand
Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher. Yet, there are some signs that demand is starting to take a hit as oil closes in on $80 per barrel.

In the IEA’s May Oil Market Report, the agency said that OPEC might be needed to step in and fill the supply gap if a significant portion of Iran oil goes offline. Saudi Arabia suggested shortly after the U.S. announced its withdrawal from the Iran nuclear deal that OPEC would act to mitigate any supply shortfall should it occur.


When Will Electric Cars Take Over The Roads?

May 7, 2018 — Oilprice.com

When Will Electric Cars Take Over The Roads?
The age of the electric vehicle (EV) will be here sooner than you think.

Out of 1 billion cars in the world, only 2 million are electric. But that will soon change, as costs diminish, and more governments encourage the adoption of EVs to cut carbon emissions and fight urban pollution.

According to Bloomberg, by 2040, 54 percent of all new car sales will be for EVs. Millions of new EVs will take a big bite out of oil demand and displace 8 million barrels of transport fuel (gasoline and diesel) every day.


A New Lithium War Is About To Begin

Apr 26, 2018 — Oilprice.com

A New Lithium War Is About To Begin
It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium.

Lithium, or “white petroleum” as some call it, has become a crucial element in today’s high-tech economy.


The Bullish And Bearish Case For Oil

Apr 18, 2018 — Oilprice.com

The Bullish And Bearish Case For Oil
Oil prices could rise due to the “perfect storm of stagnant supply, geopolitical risk, and a harsh winter,” according to an April 12 note from Barclays.

Geopolitical events specifically could help keep Brent above $70 through April and May, which comes on the back of a substantial decline in oil inventories.


An Oil Price Rally Is Likely

Apr 3, 2018 — Oilprice.com

An Oil Price Rally Is Likely
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.

Ongoing declines in Venezuela and concerns about heightened tension between the U.S. and Iran have significantly raised the risk premium for oil, even as some short-term factors recently pushed up prices.


Oil Market Fears: War, Default And Nuclear Weapons

Mar 2, 2018 — Oilprice.com

Oil Market Fears: War, Default And Nuclear Weapons
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.

Financial risk firm Verisk Maplecroft explores these two trends as they play out simultaneously. The U.S. shale sector has emerged from years of low oil prices, damaged but still intact. Importantly, the shale industry “can ride out price dips and respond quickly to upticks, weakening OPEC in the process,” James Lockhart-Smith, director of financial sector risk at Verisk Maplecroft, wrote in the report. Combined with deregulation at the federal level, the oil industry is in the midst of an investment boom in the U.S.


Why The Next Oil Boom Will Be Fueled By Blockchain

Feb 23, 2018 — Oilprice.com

Why The Next Oil Boom Will Be Fueled By Blockchain
Big Oil is due for a disruption.

The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.

But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector.


Clean Oil That Only Costs $20

Feb 14, 2018 — Oilprice.com

Clean Oil That Only Costs $20
The United States is in the midst of an energy revolution.

Oil production has risen by 5 million barrels per day (bpd) since 2010, an increase of nearly 100 percent. New technology, particularly techniques in shale oil drilling, has opened up vast new opportunities for oil and gas companies.

The proof is in the numbers. In 2017, the United States averaged 9.3 million bpd. This year, the EIA predicts that U.S. oil and gas production will reach record levels, averaging 10.3 million barrels bpd to surpass the record reached in 1970 (9.6 million bpd).


Oil Prices Ravaged By Financial Turmoil

Feb 7, 2018 — Oilprice.com

Oil Prices Ravaged By Financial Turmoil
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.

The steady decline of the U.S. dollar has helped drive up crude prices for weeks, but that came to an abrupt halt last week. A rebound for the greenback led to a steep decline in oil prices on Friday.

At the same time, sudden turmoil in the broader financial system also bled over into the oil market. Volatility in the stock market flared up on Friday, sparking the sharpest single-day upheaval in years.