for Oil Prices
Underinvestment, fiscal stimulus and a weaker dollar could form the foundation for a commodity super-cycle.
Alaska’s oil industry faces an uncertain future with poor economics, a shrinking pool of capital, and the prospect of tightening environmental policy.
Lockdowns and rising COVID cases are counteracting the effects of a coronavirus vaccine on the oil market.
Likely Republican control of the Senate means President-elect Joe Biden's first policy actions will come from the President's pen, rather than Congressional legislation.
The latest COVID-19 wave could force the group to extend the cuts once again.
Low oil prices and high-profile deals point to a shift toward consolidation in the U.S. oil industry.
The outcome of the election will have significant implications for the energy industry – but some trends are beyond White House control.
Even after historic cuts, lower demand means the oil market is still under pressure.
BP believes evolving policy, technological advances and COVID-19 mean peak oil demand will be reached in the 2020s—or has already happened.
Oil prices fall as the summer driving season ends, inventories remain high and refineries worldwide struggle with overcapacity.