Petrochemical News – Crude oil slips amid demand worries and tariffs-driven global economic uncertainty
Crude oil prices drifted lower on Friday amid concerns that reciprocal U.S. tariffs on imported goods could provoke…
Judge Rules Against Sale of Gulf of Mexico Oil Drilling
(Bloomberg) — A federal district judge on Thursday ruled against a Biden administration sale of oil and gas…
Trump targets China with hefty tariff on Venezuelan oil, seeks to boost US exports
WASHINGTON (TNND) — Any country buying Venezuelan oil will face a 25% tariff. President Trump announced the new…
Trump targets China with hefty tariff on Venezuelan oil, seeks to boost US exports
WASHINGTON (TNND) — Any country buying Venezuelan oil will face a 25% tariff. President Trump announced the new…
Shell invests in Gato do Mato project in Brazil’s pre-salt
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID)…
EIA: Alaska crude oil production will grow in 2026 for the first time since 2017
In EIA’s March 2025 Short-Term Energy Outlook, it forecasted that crude oil production in Alaska will increase by…
Turkey Diversifies Crude Oil Imports Away From Russia
Turkey has started to diversify its oil supply away from Russia and is buying crude from as far…
Green Investors Are Finding Bargains in Trump’s Big Oil Era
(Bloomberg) — Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for…
Energean terminates $945m Carlyle deal for Egypt, Italy and
Energean plc on Friday said it has terminated the proposed sale of its portfolio in Egypt, Italy and…
Oil Prices Perk Up Despite US Crude Oil Inventory Build
By Julianne Geiger – Mar 19, 2025, 10:00 AM CDT Crude oil inventories in the United States saw…
Crude Oil Inventory Increase Offset by Continued Product Inventory Declines
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million…
Fixed quota of US oil imports on cards as govt gears for trade pact negotiations
To assuage Trump and the US, India plans to increase the share of Western Texas Intermediate or WTI…