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Oil Markets

Credit: Shutterstock
Finance
Bitcoin mining
Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas
North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.
Credit: Shutterstock
By Leigh Cuen
Apr 20, 2020 at 9:33 p.m. UTC
Apr 20, 2020
Bitcoin MiningOil MarketsOil
Breakdown4.20
Markets
Oil markets
Bearish or Bullish? What Oil, Defi Hacks and Cash Hoarding Tell Us About Markets
As economic confusion gains ground, NLW breaks down what in the recent news is bullish and what is bearish for bitcoin and the crypto community.
Breakdown4.20
By Nathaniel Whittemore
Apr 20, 2020 at 7:00 p.m. UTC
Apr 20, 2020
Oil MarketsbearishPodcastsBullishDeFiThe Breakdown
Credit: Shutterstock
Policy
Iran
Why Energy Experts Are Watching Crypto as Oil Wars Emerge
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.
Credit: Shutterstock
By Leigh Cuen
Mar 11, 2020 at 9:40 p.m. UTC
Mar 11, 2020
IranRussiaBitcoinOil MarketsSaudi ArabiaOilCoronavirus
Image via Shutterstock
Markets
Volatility
Oil Prices Are Now More Volatile Than Bitcoin
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset....
Image via Shutterstock
By Omkar Godbole
Feb 20, 2020 at 5:28 p.m. UTC
Feb 20, 2020
VolatilityBitcoinOil MarketsBitcoin PricesOilWest Texas Intermediate (WTI) OilBitcoin Volatility
Petro maduro
Markets
Venezuela
Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro
Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.
Petro maduro
By Yogita Khatri
Dec 7, 2018 at 3:00 p.m. UTC
Dec 7, 2018
VenezuelaNewsOil MarketsPetroMaduroNicolas Maduro
oil drums
Markets
Venezuela
Venezuela to Present Petro at OPEC as the 'Digital Currency for Oil'
Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.
oil drums
By Yogita Khatri
Nov 9, 2018 at 9:20 a.m. UTC
Nov 9, 2018
VenezuelaNewsOil MarketsPetro
oil
Markets
Uae
Oil Data Firm Platts Rolls Out Commercial Blockchain Platform
Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain network for sharing oil inventories.
oil
By Daniel Palmer
Feb 22, 2018 at 12:10 p.m. UTC
Feb 22, 2018
UAENewsOil MarketsPlatts
OPEC
Markets
Opec
Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency
Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.
OPEC
By Annaliese Milano
Feb 7, 2018 at 5:45 p.m. UTC
Feb 7, 2018
OPECVenezuelaNewsOil MarketsNicolas Madurouse-cases-verticals
oil drums
Markets
Ethereum
More Banks to Sign Up for ING's Ethereum Oil Trading Platform
Dutch bank ING's ethereum-based oil trading pilot is opening up to new financial institutions.
oil drums
By Michael del Castillo
Mar 28, 2017 at 1:00 p.m. UTC
Mar 28, 2017
EthereumINGBankingOil MarketsFeatures
Dunand, Mercuria
Markets
Startups
Mercuria Chief: Blockchain Could Cut Oil Market Costs By 30%
The chief executive of Mercuria, one of the world’s largest commodities traders, is bullish on blockchain.
Dunand, Mercuria
By Stan Higgins
Oct 14, 2016 at 6:48 p.m. UTC
Oct 14, 2016
startupsNewsMercuriaOil MarketsMarco DunandCompanies