Tight Now, Loose Later: Oil Futures Flash Warning
Last week, OPEC+ announced it will once again accelerate the pace of unwinding of production cuts, with output…
Oil Prices Rise on Hopes of U.S. Trade Deals
By Tsvetana Paraskova – May 08, 2025, 7:46 AM CDT
Oil prices surged as the U.S.…
OPEC April oil output edges lower despite plans for hike, survey finds
By Alex Lawler LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking…
Occidental’s diverse portfolio delivers first quarter
Occidental Petroleum has announced better-than-expected first quarter profits, driven by robust production and favourable natural gas prices. The…
Crude oil prices surge to $61.41 on trade deal hint, demand concerns
Despite gains, oil prices have suffered significant losses in 2025 due to slowing demand and rising production Oil…
StanChart: Oil Prices Headed Lower Before Slow Recovery
According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain…
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…