Kuwaiti crude oil price drops by over one Dollar
The price of Kuwaiti crude oil dropped by $1.36, settling at $70.61 per barrel in Friday’s trading, down…
EU pushes for floating price cap on Russian oil to undercut Kremlin revenues
The European Commission has proposed a floating price cap on Russian oil that would adjust quarterly to stay…
Oil Steadies as Traders Weigh Trump’s Russia Statement,
(Bloomberg) — Oil steadied after falling more than 2% on Thursday as traders shifted focus toward a planned…
Oil and Gas Pipeline Safety Cases Plunge in First Months of
(Bloomberg) — US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low…
Thailand to Offer US More Trade Concessions to Avert 36%
(Bloomberg) — Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the…
Europe Can Cope With Ban on Russian Gas, TotalEnergies CEO
(Bloomberg) — Europe will be able to withstand the proposed ban on Russian gas imports by the European…
OilUSD Forecast: Where Are Crude Prices Heading in 2025?
The crude oil market has always been a fascinating reflection of global economic health, geopolitical risks, and energy…
Surprise Crude Oil Inventory Build Ends 5-Week Draw Streak
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, this…
Petrochemical News – Crude oil slips as market shifts from Middle East tensions to oversupply concerns
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Trump Dispatches Vance to Hill to Secure GOP Votes for Tax
(Bloomberg) — Vice President JD Vance and Senate Republican leaders worked late Saturday to persuade reluctant holdouts to…
Russian Oil Flows Keep Falling, Pipeline Giant Transneft Says
Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last…
Israel Orders Reopening of Biggest Gas Field After Ceasefire
(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce with…