If America goes after India’s oil trade, China will benefit | World News
WHEN WESTERN countries began boycotting Russian oil in 2022, India saw an opportunity. Some 2.6m barrels a day…
Trump’s Tariff Blitz on India Threatens 3.5 Million bpd in Global Oil Supply
On Monday, U.S. President Donald Trump vowed to slap India with extra tariffs because, “They’re fueling the war…
Suncor posts record Q2 production but lower oil prices still dent bottom line
Suncor Energy Inc. managed to squeeze more oil out of its operations in the second quarter while also…
Fort Worth-based Presidio Holdings to go public via reverse SPAC deal
Presidio Investment Holdings on Tuesday announced plans to combine with a special purpose acquisition company to go public…
Suncor Energy tops quarterly profit estimates on higher production
(Reuters) -Canadian oil producer Suncor Energy exceeded analysts’ second-quarter profit expectations on Tuesday, as higher output helped offset…
Trump Mulls Sanctions on Russia’s Shadow Fleet Over Ukraine Ceasefire
The Trump administration is reportedly considering new sanctions targeting Russia’s so-called “shadow fleet” of oil tankers if President…
Oil Drops as Markets Digest OPEC+ Supply Decision
Oil prices dropped to their lowest in a week on Monday as markets digested OPEC+’s decision to implement…
Oil prices decline again amid worries about Opec+ supply hikes
Oil prices moved lower on Tuesday, continuing a downward trajectory for August, as concerns about both supply and…
Analysis-Sliding US rig count outpaces efficiency gains, threatening onshore oil output
By Georgina McCartney HOUSTON (Reuters) -The falling number of oil and gas rigs deployed across the United States…
Oil little changed after hitting one-week low, oversupply concerns linger
By Anjana Anil (Reuters) -Oil prices were little changed on Tuesday after three days of declines on mounting…
Crude oil prices decline to $69.4 as OPEC+ increases production levels
OPEC+ aims to regain market share with significant production increases amid slowing U.S. economy Oil prices continued their…
OPEC+ to boost oil production; Jury says Tesla liable in deadly crash
A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost…