Petrochemical News – Crude oil slips amid OPEC+ output hike speculation and ongoing trade worries
Crude oil prices declined for the second consecutive day on Friday due to optimism that the Organization of…
Oil price caught between OPEC and geopolitics – Commerzbank
The Oil market is likely to be eagerly awaiting tomorrow’s decision by the eight OPEC+ countries that have…
Oil Prices Jump After Court Blocks Trump’s Tariffs
A U.S. trade court on Thursday blocked the tariffs that President Trump has imposed on U.S. trade partners,…
Oil price jumps as OPEC+ adopts a cautious stance on supply
WTI crude climbs above $62 as OPEC+ signals no immediate change to current production policy.Oil prices rise on…
Australia Lets Biggest LNG Plant Run to 2070 in Climate Blow
(Bloomberg) — Australia gave preliminary approval to extend the life of its biggest and oldest liquefied natural gas…
Refiners Expect Saudi Arabia to Cut Oil Price
Saudi Arabia may cut its official selling price for crude oil by as much as $0.40-$0.50 per barrel…
Oil futures gain after US bars Chevron’s crude exports from Venezuela
Crude oil futures traded higher on Wednesday morning after the US barred Chevron from exporting crude oil from…
Crude oil prices rise above $63.85 amid supply risks from Venezuela, OPEC+ expectations
Investors weigh supply risks after U.S. bars Chevron from exporting Venezuelan crude oil under new authorization Oil prices…
Oil Declines as OPEC+ Supply Meeting Overshadows EU Trade Thaw
(Bloomberg) — Oil slipped as the looming prospect of another major OPEC+ production increase overshadowed easing trade tensions…
Oil Markets Focus on OPEC+ as Geopolitical Catalysts Cool
Oil markets will be fully focused on OPEC+ this week after talks between Russia and Ukraine appeared to…
Colombia’s Shrinking Gas Reserves Intensify Push Toward
(Bloomberg) — Colombia’s natural gas reserves fell to the lowest since at least 2007, putting pressure on the…
Crude oil futures fall as market anticipates OPEC+ supply increase
Crude oil futures traded lower on Tuesday morning on expectations of a further increase in supplies from OPEC+…