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...
The escalating conflict has already rippled through global markets. Oil prices have fallen by about $6/bbl, reflecting mounting fears that the intensifying trade dispute could...
Crude oil prices fell this week to levels not seen in 4 years as the Trump tariff announcement cratered global markets while OPEC+ decided to more than double its previously stated...
The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth considering cautious market expectations, especially uncertaintie...
Oil prices neared $70 after the Trump administration announced 25% “secondary” tariffs to be imposed on buyers of Venezuelan crude and a large draw in inventories reversed earlier...
