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Oil Price
Oil & Gas
US Agency Expects Oil Production to Grow in 2025 Despite Opec+ Decision
The US Energy Information Administration (EIA) expects global oil production to increase next year, with the bulk coming from countries outside the Opec+ group.
Oil & Gas
Saudi Arabia Cuts Oil Prices
Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the
Oil & Gas
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr
Oil & Gas
UAE to Gain From OPEC+ Decision on Oil Output
The UAE is expected to gain significantly from last week’s Opec+ decision, as the country’s 2025 target level is about 8% higher than its target lev
Oil & Gas
OPEC+ Delays Revival of Its Oil Production by 3 Months
OPEC+ 将恢复石油生产的计划推迟了三个月，这是该组织在原油价格因供应过剩而苦苦挣扎之际第三次推迟这一举措。以沙特阿拉伯和俄罗斯为首的欧佩克推迟了一系列增产计划，原定于
Oil & Gas
Oil Patch in Canada Has $24B Shield Against Trump Tariffs
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance
Oil & Gas
Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction
Oil & Gas
Geopark Announces Plans To Acquire Repsol Upstream Assets In Colombia
GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream
Oil & Gas
Oil And Gas Drilling Activity To Reach 10-year High In 2025: Industry Group
Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if presi
Oil & Gas
SEB: Speculation Surrounding Potential USA Oil Output Surge Gains Attention
In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone on Thursday, Ole R. Hvalbye, a commodities analyst at the company, said speculation surroundi
Oil & Gas
Europe's Gasoline Exports Set to Rebound From Post-Covid Low
Europe’s gasoline market, which has struggled with lackluster export demand, is getting a boost as outbound flows in November rebound from a multi-year lo
Oil & Gas
Occidental CEO Warns US Is at Risk of Losing Energy Independence
Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.It’s going to sta
Oil & Gas
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from
Oil & Gas
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s
Oil & Gas
Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook
Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer.Brent traded above
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Most views from Oil Price
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US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
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Oil Prices Post 3% Annual Decline
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U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
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Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
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Oil Inches up on Kazakhstan Supply Disruption
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Oil Holds Above $72 Amid Supply Uncertainty
