Venezuela’s oil exports rose to 1.23 million barrels per day (bpd) in April, the highest level since 2018, as shipments to the United States, India, and Europe accelerated. Venezuela’s oil exports rose to 1.23 million barrels per day (bpd) in April, the highest level since
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 547, down 37 from this same time last year. The total number of active drill
WTI Crude falls as Iran proposal lifts hopes for US-Iran talks West Texas Intermediate (WTI) crude Oil eases on Friday, trimming part of the strong gains registered earlier this week as renewed diplomatic efforts to end the US-Iran war lift market... WTI Crude falls as Ira
Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation proposal cools markets while uncertainty over Trump’s war-powers deadline keeps traders on edge. Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation pr
Defying some analysts’ expectations, Kazakhstan has opted not to follow the United Arab Emirates in abandoning OPEC’s oil production quotas. Defying some analysts’ expectations, Kazakhstan has opted not to follow the United Arab Emirates in abandoning OPEC’s oil production
German finance minister says oil companies must do their part to lower fuel costs Reuters German finance minister says oil companies must do their part to lower fuel costs Reuters
When a major oil shock hits, most Americans notice it first at the pump. When a major oil shock hits, most Americans notice it first at the pump. That’s exactly what’s happening now. Since the February 28 attack on Iran and the subsequent disruption of tanker traffi
Weekly focus – Steady central banks weigh their options Crude Oil prices continued higher this week as the market is becoming increasingly sceptical about the prospect of a near-term opening of the Strait of Hormuz. Weekly focus – Steady central banks weigh their options C
June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. The weekly high is $110.93, while t
WTI Price Forecast: Flattens above $102 but looks on track to revisit three-year high West Texas Intermediate (WTI), futures on NYMEX, trades calmly around $102.25 during the European trading session on Friday. WTI Price Forecast: Flattens above $102 but looks on track to