How successful has OPEC+’s oil output policy been in 2025?
Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are unlikely to make changes…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Oil prices rise to $63.79 on larger-than-expected decline in U.S. crude stocks
Crude stocks fell by 3.4 million barrels to 424.2 million in the week ending November 14, well beyond…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
Saudi Crude Oil Exports Soar to Seven-Month High
Saudi Arabia’s crude oil exports hit a seven-month high in September as its production jumped to a 29-month…
Crude Prices Rally on Reduced Russian Supplies and Renewed Middle East Risks
December WTI crude oil (CLZ25) today is up +1.64 (+2.79%), and December RBOB gasoline (RBZ25) closed up +0.0526…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…
Oil prices fall to $62.69 on OPEC’s 2026 supply outlook, rise in U.S. crude inventories
Oil prices fell more than $2 a barrel on Wednesday after OPEC projected that global oil supply will…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
Crude oil futures decline as markets await key industry reports
Markets are paying close attention to these reports as there are oversupply concerns in the world market, despite…