Pemex to increase fracking to tap unconventional hydrocarbon deposits
Mexico’s state energy company, Pemex, has announced a strategic shift towards hydraulic fracturing to exploit unconventional hydrocarbon deposits.…
Crude Oil Futures Fall on Weak Spot Demand: Rediff Moneynews
Crude oil futures declined due to weak spot demand. September delivery fell on MCX. WTI and Brent Crude…
Romania reportedly suspects Russian sabotage in crude oil contamination bound for OMV Petrom refinery
Romanian authorities are reportedly investigating a potential case of Russian sabotage involving the deliberate contamination of Azerbaijani crude…
Despite intensifying competition, Dangote Refinery increases petrol price
This 3.66% price increase has reignited concerns about a potential nationwide surge in pump prices in the coming…
Oil prices fall on tariff worries, weak demand outlook
Oil prices fell on Friday as concerns grew that widening US trade tariffs could dampen global demand and…
It isn’t so much about money but stakes are much higher
US President Donald Trump’s 50 per cent tariff and threats of secondary sanctions for trade ties with Russia…
Crude oil prices are under negative pressure-Analysis-08-08-2025
The (Gold) price declined in its last intraday trading, after hitting the main resistance level at $3,400, which…
Occidental Petroleum Q2 Earnings Surpass, Revenues Miss Estimates – August 7, 2025
Key Takeaways OXY reported Q2 earnings of 39 cents per share, which beat estimates but were down 62.1%…
Low oil prices, local impact: do depressed energy markets affect banks?
Sung Je Byun and Kelly Klemme Oil prices have swung dramatically in recent years, shaped by geopolitical conflicts,…
EOG Resources raises annual production forecast on Encino deal as profit beats
(Reuters) -EOG Resources on Thursday beat second-quarter profit estimates and raised its annual production forecast as the U.S.…
Crude oil futures settle at $63.88 — TradingView News
Crude oil futures are settling down $0.47 or -0.73% at $66.43. The high price reached $65.11. The low…
Army Corps of Engineers mobilizing in response to petroleum presence in Buxton
BUXTON, N.C. — The Buxton Beach Access at Old Lighthouse Road, home to a formerly used defense site…