Oilprice.com provides updated oil and energy prices. They also have information and articles written by journalists and analysts in the Energy, Political and Economic space.
According to their about page, “Oilprice.com is the most popular energy news site in the world. Our analysis focuses on Oil and Gas, Alternative Energy, and Geopolitics. Oilprice works with the largest names in financial news and provides news and analysis to sites such as CNBC, Yahoo Finance, Nasdaq, Fortune, TIME Magazine, Huffington Post, USA Today, CNN Money, Business Insider, and hundreds of others.”
Funded by / Ownership
Analysis / Bias
In review, OilPrice reports on global crude oil prices and general energy news. Headlines and articles are usually low-biased in wording such as this: Shell, Exxon Close Deal To Build Five LNG Import Terminals. Like most articles, this is appropriately sourced to credible media outlets such as Reuters. In general, OilPrice sticks exactly to what they claim, which is the energy industry.
However, we have found that editorial and opinion pieces favor the right and utilize loaded emotional language such as this quote “China, which is now directly benefiting at the expense of US consumers as a result of Biden’s escalating panic to undo the consequences of his catastrophic green policies by selling the most valuable US assets directly to Beijing!” This opinion piece is republished from the far-right conspiracy website Zerohedge, which has failed numerous fact checks.
OilPrice reports on politics only as it relates to energy and often with balance and minimal bias, such as this: Trump Clashes With California Over Fuel Regulations. Regarding science, OilPrice does not make any statements regarding climate change. Though they frequently report on alternative energy, such as this: Amazon Makes The Largest Ever Electric Vehicle Purchase. In general, OilPrice does exactly what it claims: to report on Oil Prices and the energy sector. However, op-eds tend to favor the right and occasionally use poor sources.
Failed Fact Check
- None in the Last 5 years
Overall, we rate OilPrice Right-Center Biased based on editorial positions that moderately favor the right. We also rate them Mostly Factual in reporting rather than high due to a lack of transparency with ownership and the occasional use of poor sources. (D. Van Zandt 10/12/2016) Updated 07/03/2023)
Last Updated on July 3, 2023 by Media Bias Fact Check
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