Author: OilPrice

$1 Trillion of Oil Investments Lost Last year

$1 Trillion of Oil Investments Lost Last year

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for […]

lalabell68 / Pixabay

Is A Big Move In Oil Prices Due?

In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period, an investor isn’t making a conventional directional bet; rather the […]

anita_starzycka / Pixabay

Big Oil Using Artificial Intelligence

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders […]

MikesPhotos / Pixabay

Big Oil Bets Big On Electric Vehicles

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that Electric Vehicles will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand […]