Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations
Record-high natural gas production, flat demand, and high inventories resulted in U.S. benchmark natural gas prices averaging $2.57 per million British thermal units (MMBtu) in…
Crude oil prices rose more than 3% Wednesday driven by escalating tensions in the Middle East, an OPEC pledge of unity and the shut-in of…
After false rumors of the closure of the giant Libyan Sharara oil field on Tuesday, a letter from Libya’s National Oil Company on Wednesday confirms…
Crude erased gains in the morning of the first trading session of 2024 despite mostly bullish news. China Might Become the Swing Factor for Oil…
Two Chinese state-owned carmakers have launched electric vehicles (EVs) powered by sodium-ion batteries, considered an alternative to the conventional lithium-ion batteries used in most EVs,…
Russia and Iran have finalized an agreement to trade in their local currencies instead of the U.S dollar, Iran's state media has reported. Both countries are…
Russia has decried U.S. sanctions targeting the country’s massive Arctic LNG 2 project, saying they are unacceptable and will undermine global energy security. Located in…
Attacks on shipping in the Red Sea continued over Christmas, but Brent crude failed to extend its rally on Wednesday morning. Shipping Disruptions See Reversal…
Brent crude hovers near $80 per barrel amid low-volume trading before Christmas. Traders are set to begin the new year amid heightened geopolitical risk in…
Following a three-year Midas Touch streak, oil trader Pierre Andurand’s main hedge fund has lost 54% so far this year, and is set to rack…
Russia and Iran could see higher revenues from oil as sellers raise prices to China as a result of competition from temporary easing of sanctions…
As the COP28 conference draws to an end, the climate summit in Dubai has not only chosen its next host but also stirred heated discussions…
Canadian Prime Minister Justin Trudeau’s announcement on Thursday that the fossil fuel industry will have to slash emissions by 35% to 38% below 2019 levels…
Prices of Brent crude and West Texas Intermediate were down nearly 4% on Wednesday as an unexpected and significant increase in U.S. gasoline inventories added…
Dutch pension fund Pensioenfonds Metaal & Techniek (PMT) is divesting from 40 oil and gas companies, but will keep its investments in Shell and BP…
When Bloomberg surveyed analysts last week about their expectations for further OPEC+ production cuts ahead of the originally planned November 26 meeting, only one analyst…
A day after the Energy Information Administration (EIA) released its inventory report showing a 3.59-million-barrel jump in U.S. crude oil stockpiles, oil prices are trading…
Saudi Arabia may extend its voluntary oil output cuts into the first quarter or the first half of next year, Reuters cited Energy Aspects co-founder Amrita Sen…
Oil prices were climbing upwards midday Monday, with Brent crude gaining over 1.6% after the market digested an OPEC report suggesting demand in the U.S.…
Oil prices have nearly erased all year-to-date gains as shrinking refining margins signal weaker demand for oil.Chart of the Week- At least 48 VLCC tankers…