U.S. Gasoline Prices Resume Downtrend | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 03, 2025, 12:30 PM CST U.S. gasoline prices have resumed their recent downtrend, with AAA reporting the national average at $3.098 per gallon of...Continue Reading

Trump’s Trade Threats Send Shockwaves Through Brussels | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Feb 03, 2025, 12:00 PM CST President Trump has hinted that...Continue Reading

Saudi Arabia Defers $1.2B Oil Payment By Pakistan | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 03, 2025, 11:30 AM CST Pakistan has signed an agreement with the Saudi Fund for Development to defer a $1.2 billion...Continue Reading

Baker Hughes has won a multi-year contract with ExxonMobil Guyana to provide all topsides, subsea, water injection and utility chemicals for the Errea Wittu and Jaguar FPSO vessels. The offshore developments feature combined 500,000 bpd capacity. SourceContinue Reading

Canadian Crude Becomes a Bargain for China as US Tariffs Bite | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 03, 2025, 11:00 AM CST U.S. tariffs on Canadian crude make the...Continue Reading

U.S. Natural Gas Prices Surge On Canada Tariffs, Massive Withdrawals | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 03, 2025, 10:30 AM CST U.S. natural gas futures surged 8.4% to $3.32/MMBtu on Monday, recovering from a nearly...Continue Reading

OPEC is dropping the U.S. Energy Information Administration (EIA) as a secondary source to assess crude oil production of the OPEC+ countries and their compliance with the group’s output cuts, the cartel said after a panel meeting on Monday. After thorough analysis from the OPEC Secretariat, the Joint Ministerial Monitoring Committee (JMMC) replaced consultancy Rystad...Continue Reading

Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland Basin LLC under the joint-venture first established in July 2019.  SourceContinue Reading

Lukoil Refinery and Gazprom Plant Hit by Massive Ukrainian Drone Attack | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 03, 2025, 9:30 AM CST The biggest refinery in southern Russia and a major gas processing plant controlled by Gazprom were hit by a massive...Continue Reading

Tariffs on Oil Are a Major Problem for U.S. Refiners | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Feb 03, 2025, 8:22 AM CST US tariffs on Canadian and Mexican imports will add to the financial burden of US refiners struggling with declining profit margins....Continue Reading