We have entered the “end game” for oil — with “permanent demand destruction”
As we have been repeatedly saying for months, we are witnessing the end of the oil age. Even once great giants are now crumbling at their core.
Read the latest insights and analysis from the experts at Oil Change International.
As we have been repeatedly saying for months, we are witnessing the end of the oil age. Even once great giants are now crumbling at their core.
The unthinkable could soon be thinkable.
OPEC concedes that climate campaigners are "perhaps the greatest threat to our industry going forward".
The oil industry is a market built on the old market fundamentals of supply and demand and the flux between the two will impact how much we pay for our oil or gas.
If you read the news yesterday you would be forgiven for missing something momentous. When the definitive book about the oil age is finally written, yesterday will be marked as significant.
They came. They talked. They talked some more. They failed to reach a deal. And so the turmoil within the global oil industry continues.
The big beasts of the global oil industry will gather today at one of the most important events in their calendar – the IHS CERAWeek conference in Houston, which is often dubbed the Davos of the energy industry.
Why part-privatizing state oil company Aramco is a bad idea for the Saudi economy and for the global climate
It is not a Happy New Year for Big Oil, as the industry faces another daunting year of low oil prices, which could have a catastrophic impact on the US shale industry, amongst others.