Basrah crude posts weekly loss of over 6%
2025-08-09T07:01:06+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Both Basrah Heavy and Basrah Medium…
Additional tariffs, sanctions on India may limit Russian crude oil exports: US EIA
The US Energy Information Administration (US EIA) has projected that imposition of additional tariffs or “sanctions” may help…
Navigating Contradictions in Tax Strategy, Production Efficiency, and CO2 Economics
– Occidental reported $2.6B Q2 2025 operating cash flow, driven by CrownRock production gains and cost cuts despite…
Drilling returns to West Africa’s abandoned oil field after 27 years
The move marks a significant revival for a site first discovered in 1969 and last active in 1998,…
Crude Steadies After Volatile Session
Oil closed unchanged after a choppy session as investors assessed whether a prospective deal by the US and…
Sanmar Shipping forays into crude oil transportation business
With the addition of the double-hulled VLCC built in 2007 by Daewoo Shipbuilding & Marine Engineering Co. Ltd…
Canco Petroleum acquires Otter Co-op | Business
Two well-known gas station operators in Penticton have reached a deal that will see Canco Petroleum take over…
Oil minister allays concern over E20 fuel hit to vehicle engines; ethanol crucial for import bill cut, farmers
New Delhi: Petroleum minister Hardeep Singh Puri on Friday dismissed concerns that ethanol-blended petrol was harming vehicles, saying…
U.S. Gas Prices Inch Up to $3.16 as August Begins, Crude Oil Remains Steady – Clarksville Online
Washington, D.C. – Gas prices saw a minor uptick over the past week, with the national average for…
Iran’s Crude Builds as Tankers Drift in Limbo
President Trump’s return to the Oval Office saw US authorities sanction Iranian traders, middlemen and infrastructure with fervent…
Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Par Petroleum (PARR) reported revenue of $1.89 billion, down 6.2% over the…
EOG Chief: Sub-$70 Oil Unmasking E&P ‘Haves and Have Nots’
Sub-$70 oil is further differentiating the E&P “haves and have nots”—the latter consisting of those that haven’t made…