Standard Chartered: U.S. Oil Output To Peak in 2026
U.S. oil and gas giant, Exxon Mobil (NYSE:XOM), has predicted that we will fall far short of the…
Factbox-Global oil and gas company layoffs in 2024 and 2025
(Reuters) -International oil and gas companies have announced they would cut tens of thousands of jobs in 2024…
ConocoPhillips stock drops after oil giant announces headcount reduction of at least 20%
Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands…
Crude oil prices dip down to $68.93 as market awaits OPEC+ meeting this weekend
U.S. manufacturing contracted for the sixth consecutive month, impacting the demand outlook for oil Oil prices remained stable…
Lower Oil Prices Are Fueling Asia’s Crude Buying Spree
Asia’s crude oil imports rebounded in August from a year-low level in July, likely fueled by low oil…
Oil rises as Ukraine war stokes supply worries, market eyes prospects of Fed easing
By Anjana Anil and Colleen Howe (Reuters) -Oil prices rose on Tuesday as concerns about supply disruptions grew…
Crude oil prices rise to $68.44 fueled by supply disruptions, OPEC+ production plans
OPEC+ plans to raise output by 547,000 barrels per day, impacting global oil prices significantly Oil prices saw…
Russian Oil Giants Buckle Under Low Prices and Sanctions
Russia’s oil giants are being squeezed from all sides—by falling crude prices, sanctions, and punishing interest rates—leaving first-half…
Crude oil prices slip to $67.18 as rising output, U.S. tariffs offset supply disruptions
OPEC+ meeting on September 7 could influence oil market dynamics amid rising production levels Oil prices traded within…
Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening…
Wall Street Forecasts Oil in the $50s Next Year
The U.S. shale patch is trimming capital expenditure budgets to preserve cash amid the lower oil prices. American…
Annual US Crude Production Sets New Record in 2024, But Growth Pace Slows: EIA
The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in…