Libya’s Future in Peril Again, While Russia Expands Its Influence
North Africa’s most resource-rich nation, Libya—home to vast hydrocarbon and mineral reserves—is once again at a crossroads. Despite…
Democratic gubernatorial candidates avoid attacking state oil industry
The most interesting moment of Monday’s labor union-sponsored interrogation of seven declared Democratic candidates for governor was their…
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…
Bulls on the Backfoot as Supply Risks Mount
Crude oil futures reversed sharply lower by Thursday after beginning the week with a strong rally fueled by…
EOG Goes Desert Wildcatting in UAE Shale Play
As if the Permian wasn’t enough, EOG Resources just picked up a juicy new onshore shale block in…
WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk
WTI snaps a two-day losing streak, key resistance sits at $65.Price reclaims 21-day EMA, technical momentum improves as…
Forecast update for crude oil-16-05-2025
The price of (crude oil) rose in its recent intraday trading, to settle above the key support at…
European leaders want to turn screws on Putin after delayed Turkey talks – POLITICO
Punitive tariffs on Russian imports are under discussion, two European officials said. The EU has imposed sizable sanctions…
Saudi Aramco Slashes Dividend | OilPrice.com
Saudi Aramco, the biggest oil company in the world, largely owned by the Saudi state, slashed its dividend…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Oil Market Report – May 2025 – Analysis
Oil prices resumed their downward trajectory in late April and early May as trade tensions impacted financial and…
WTI Crude Oil Faces Downside Risk — Is a New Leg Lower Coming?
Key Highlights WTI Crude Oil prices started a recovery wave above the $60.00 level. A connecting bullish trend…