Crude oil prices climb to $66.25 as market weighs OPEC+ plans against declining U.S. inventories
Expectations of dwindling U.S. crude inventories helped prices from falling further last week Oil prices steadied in early…
International Petroleum Corporation Completes Share Repurchase Program
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Oil takes a breather with OPEC+ output hike, US government shutdown in focus
OPEC+ may raise output by up to 500,000 bpd in November, sources sayU.S. crude stocks down 3.67 mln…
France Investigates Suspected Shadow Fleet Tanker
The French Navy said on Tuesday that authorities were investigating a possible infraction by the oil tanker Boracay,…
Petro-Victory Energy Corp. Announces Closing of Private Placement
On the consumption side, demand grew 2.5 percent — its fastest pace in years — with Asia Pacific…
Why Occidental Petroleum Stock Rose In After-Hours Today?
A Wall Street Journal report stated that Berkshire Hathaway was considering buying OxyChem for about $10 billion, and…
Things Have Changed – Rebound in U.S. Crude Exports Driven By Shifts in Production, Imports, Refinery Runs
After setting an annual record of 4.1 MMb/d in 2024, U.S. crude exports started off this year relatively…
Yemen’s Houthis say they will target US oil firms with sanctions
Yemen’s Houthis sanction 13 U.S. oil firms, including Exxon Mobil, Chevron, ConocoPhillipsSanctions list also includes company CEOsUnclear if…
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico…
Nymex Overview : Petroleum Futures Weaken Again on OPEC+ Output Hike Worries — OPIS
Crude oil and refined product futures were trading lower at midday Tuesday, as concerns over potential production increase…
Oil settles lower as investors brace for possible OPEC+ output hike
OPEC+ plans larger increase to output in November, sources sayIraq’s Kurdistan crude oil flows via Turkey resumeNetanyahu supports…
Oil settles lower as OPEC+ plan adds to expectations of supply surplus
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Tuesday as investors braced for a supply surplus…