Cash in on a profitable end to the oil era
Offshore wind turbines © Christopher Furlong/Getty Images
Oil

Cash in on a profitable end to the oil era

Cheap oil stocks could still make a lot of money and carve out a new future before oil demand peaks
20 Oct 2020
Oil stocks: share prices in this hated sector are back at their Covid-19 lows – time to buy?
Protesters and oil rig © Karen Ducey/Getty Images
Oil price

Oil stocks: share prices in this hated sector are back at their Covid-19 lows – time to buy?

Demand for oil plummeted as the world locked itself down, and oil producers’ share prices remain stuck at rock bottom. John Stepek explains why the se…
8 Oct 2020
The oil-price rebound has stalled
Oil well pump © Alamy
Oil

The oil-price rebound has stalled

The post-lockdown rally in the oil price has now stalled, with prices down by 6% since the beginning of September
1 Oct 2020
Oil producers are back at their Covid-19 lows – is it time to buy?
BP petrol station © Matt Cardy/Getty Images
Oil

Oil producers are back at their Covid-19 lows – is it time to buy?

With demand for oil hammered by Covid-19 and talk of “peak oil demand”, there are lots of good reasons to be bearish on oil producers. So, asks John S…
22 Sep 2020
Is this the end of the oil era? And if so, what should you invest in?
Oil

Is this the end of the oil era? And if so, what should you invest in?

Oil major BP says we may already have seen “peak oil demand”. What would that mean for your portfolio? John Stepek investigates.
17 Sep 2020
10 September 1951: Britain boycotts Iran over the Anglo-Iranian Oil Company
This day in history

10 September 1951: Britain boycotts Iran over the Anglo-Iranian Oil Company

On this day in 1951, Britain boycotted and blockaded Iran after the latter nationalised the Anglo-Iranian Oil Company.
10 Sep 2020
27 August 1859: The birth of America’s oil industry
This day in history

27 August 1859: The birth of America’s oil industry

On this day in 1859, Edwin Drake struck oil in Titusville, Pennsylvania, proving that his pioneering drilling techniques were economically feasible.
27 Aug 2020

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BP halves its dividend
Income investing

BP halves its dividend

BP has announced a record quarterly loss for the three months to the end of June – $17.7bn – and cut its dividend in half.
6 Aug 2020
BP has slashed its dividend – and markets love it
Income investing

BP has slashed its dividend – and markets love it

BP has bowed to the inevitable and cut its dividend in half – and its share price promptly rose. John Stepek explains what it means for shareholders …
4 Aug 2020
Can the oil-price rally continue?
Oil

Can the oil-price rally continue?

The oil price has risen by 120% since its April low. But that is encouraging producers to increase supply.
31 Jul 2020
Watch out income investors – BP looks likely to cut its dividend in the near future
Income investing

Watch out income investors – BP looks likely to cut its dividend in the near future

Oil major BP is writing billions off the value of its assets as it struggles to adapt to the changing world. Unlike Shell, however, BP hasn’t yet cut …
15 Jun 2020
Saudi Arabia slips on cheap oil
Emerging markets

Saudi Arabia slips on cheap oil

The Kingdom of Saudi Arabia had big plans to diversify its economy so that it was no longer so reliant on oil revenue. The current crisis arrived befo…
23 May 2020
The oil market is showing signs of life again
Oil

The oil market is showing signs of life again

The oil market has had a terrible time recently as producers pumped as much oil as possible just as demand collapsed due to the coronavirus epidemic. …
15 May 2020
Oil market begins to rebalance
Oil

Oil market begins to rebalance

Oil prices remain historically depressed, but they have perked up a little this week.
7 May 2020
Negative oil prices are just one result of banning bankruptcy
Oil

Negative oil prices are just one result of banning bankruptcy

Negative oil prices are a result of low interest rates and cheap credit propping up inefficient businesses. Bankruptcy is part of the fabric of capita…
28 Apr 2020
Oil sector faces collapse
Oil

Oil sector faces collapse

Should embattled US oil producers be bailed out? And what will happen to Shell and BP’s dividends this year? Matthew Partridge reports.
23 Apr 2020
How ETFs broke the oil market
Oil

How ETFs broke the oil market

The bizarre collapse in US crude may have been worsened by high levels of trading in a popular exchange-traded fund.
23 Apr 2020
Below zero: oil plunges into negative territory
Oil

Below zero: oil plunges into negative territory

US oil’s unprecedented collapse is mostly due to how it is traded – but also to the shock to global GDP, says Alex Rankine.
23 Apr 2020
The negative oil price meant traders couldn’t give the stuff away – here’s what that means
Oil

The negative oil price meant traders couldn’t give the stuff away – here’s what that means

With a lot more oil being produced than anyone can use and storage space running out, the oil price briefly turned negative. John Stepek explains what…
21 Apr 2020
The oil-price war is not over – it's just on hold
Oil

The oil-price war is not over – it's just on hold

Both Opec and Russia have agreed to restrict oil output by ten million barrels per day from next month. But the oil price war isn't over yet.
16 Apr 2020
Saudi Arabia heads for a "lost year"
Oil

Saudi Arabia heads for a "lost year"

The Covid-19 pandemic has frozen Saudi Arabia's economy and left it with lakes of unwanted oil.
16 Apr 2020
The world could soon be drowning in oil
Oil

The world could soon be drowning in oil

Oil hit an 18-year low this week. And we could even see oil prices turn negative.
3 Apr 2020