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Oil price
Oil Price
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…
Oil Price
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…
Oil Price
Oil Falls to Lowest Since February 2021 as Trump’s Tariffs Take Effect
Oil prices declined for a fifth consecutive day on Wednesday, April 09, 2025, reaching their lowest levels since February 2021. The drop stems from growing conc…
Oil Price
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augus…
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m…
Oil Price
Oil Prices Steady as Market Awaits Fresh US Tariffs
U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $…
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Biofuel
March WASDE Reduces Forecast for 2024-’25 Soybean Oil Use in Biofuel Production
The USDA reduced its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, rele…
Oil Price
Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.Oil prices rose slightly on Thursday, recovering from tw…
Oil Price
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…
Oil Price
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou…
Oil Price
China to Cut Gasoline, Diesel Retail Prices on Thursday
China will reduce the retail prices of gasoline and diesel on Thursday, the first such move this year, based on recent changes in international oil prices, the …
Oil Price
Oil Inches up on Kazakhstan Supply Disruption
An oil pumpjack is seen in Lagunillas, Venezuela January 29, 2019.Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a dro…
Oil Price
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices settled flat on Thursday, paring earl…
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