News

Trump says with lower oil prices, Putin is more eager to settle the Ukraine war
U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Oil leak off Louisiana coast contained but clean up continues, Coast Guard says
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
Egypt's non-oil private sector contracts further in April, PMI shows
Egypt's non-oil private sector economy contracted further in April after a decline in domestic and foreign demand caused new ...
OilPrice.com6h
Big Oil Isn’t Backing Down at $60 Oil
Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...
Wall Street loses ground, breaking a 9-day winning streak, and crude oil prices tumble
Wall Street is pointing toward losses in premarket trading and oil prices fell to a four-year low after OPEC+ said it plans ...
Marketplace9h
Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry.
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...
Saudi Arabia can control oil supply. Demand could be its Achilles heel: Bousso
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...