Oil Prices Dip as OPEC+ Boosts Supply
By Irina Slav – Jun 30, 2025, 1:57 AM CDT
Crude oil prices fell at the start…
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…
Equinor and Partners Approve $2 Billion Fram Sør Project
A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor…
Oil Jumps on Significant Crude, Product Inventory Slide
By Julianne Geiger – Jun 25, 2025, 9:46 AM CDT Crude oil inventories in the United States fell…
IEA Doubles Down On Peak Oil Demand Forecast
A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on…
Oil soars more than 9% after Israel strikes Iran, rattling investors
By Florence Tan and Sam Li (Reuters) -Oil prices surged more than 9% on Friday, hitting their highest…
OPEC+ Bets on Summer Demand as Q4 Glut Looms
The OPEC+ group was likely betting on robust demand during the peak summer driving season when it decided…
Oil Bulls Bite Back as Prices Defy Expectations
OPEC+ did what everyone expected it to do last weekend, announcing another production ramp-up. Prices, however, did something…
EIA Paints Bearish Picture for Oil Market With Record Supply, Low Demand
U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according…
Brent Nears $65 on Renewed Trade Optimism
Oil prices climbed on optimism over eased U.S.-China trade tensions, with ICE Brent nearing $65 per barrel by…
Saudi Aramco Slashes Dividend | OilPrice.com
Saudi Aramco, the biggest oil company in the world, largely owned by the Saudi state, slashed its dividend…
US oil prices drop more than $1 as inventory build raises oversupply fear
By Yuka Obayashi TOKYO (Reuters) – U.S. crude futures declined more than $1 in early trade on Thursday…