Oil News

A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals.

The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token.

A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling.

Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime.

Venture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative.

Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years.

As oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100.

The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price.

Mayhem in oil markets translates to modest fallout for Bitcoin, with analysts eyeing slightly lower levels for key long trades.

Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0.

Black gold tanks to some of the lowest prices since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000.

A historic first for China combines with oil reverting to 1987 levels to produce fresh uncertainty across global markets, while Bitcoin flounders.

Podcaster Marty Bent believes the future of Bitcoin mining lies with oil and gas companies.

Cameron Winklevoss has joined those who consider that the Covid-19 pandemic will irrevocably change Bitcoin’s profile.

How does Bitcoin’s price correlate with the global financial markets, and what could the coronavirus pandemic reveal to us?