Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while inventory gains, OPEC+’s possible output increase, and ...
A pending US-China tariff deal sent equities higher this week with the economic optimism spilling over into oil markets despite a large crude inventory gain and optimism regarding...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last month’s forecast of 900,000 b/d, according to a recent...
Tariffs on consumables such as imported steel, OCTG, cement, and drilling fluids result in near-immediate price increases that will see higher costs passed directly to operators...
