American Oil Industry Faces Challenges as Crude Prices Decline – News and Statistics
May 7, 2025 The American oil industry faces a challenging period as executives express concerns over declining crude…
Crude oil prices climb to $62.73 as market focuses on U.S.-China trade talks
Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories Oil prices rose…
Crude oil drops to four-year low, promising lower petrol prices and inflation
Australians are starting to feel some cost of living relief as fuel prices begin to fall from long-term…
Crude oil prices climb to $62.73 as market focuses on U.S.-China trade talks
Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories Oil prices rose…
Spain’s Blackout Wiped €400 Million Off Economy, Top Bank
(Bloomberg) — Spain’s biggest ever blackout wiped almost €400 million ($454 million) off the economy, according to an…
Saudi Arabia Deals a Blow to Russian Economy
A fall in oil prices following a decision by the OPEC+ to accelerate production has added economic pressure…
Crude Oil Tumbles Further as OPEC+ Hike Stokes Fears
By Aduragbemi Omiyale Africa’s richest man, Mr Aliko Dangote, has taken a significant step to reduce the annual…
Barclays lowers crude oil forecast
LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025…
Can crude oil become too cheap?
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude…
Fall in oil prices could reach Estonian gas stations in coming days | News
Oil prices fell by more than three percent on Monday following the decision by the Organization of the…
Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game
By Irina Slav – May 05, 2025, 12:00 PM CDT Oil markets took another hit this weekend as…
Oil prices dip as OPEC+ agrees to increase supply in June
00:00 Speaker A Oil prices are falling after OPEC Plus agreed to increase production in June, the second…