Vitesse Energy announced today the completion of its previously announced acquisition of Lucero Energy in an all-stock transaction valued at $222 million. The addition of Lucero’s operations will enable Vitesse to expand its assets across the Bakken shale region. SourceContinue Reading

Indian Refiner BPCL Seeks to Buy U.S. WTI Oil in Four Consecutive Months | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 07, 2025, 9:30 AM CST India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a tender to buy U.S. WTI crude...Continue Reading

Saudi Arabia just dialed back its crude prices for Asia, according to Aramco’s just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramco’s April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. That’s after last month’s price spike,...Continue Reading

Trump Delays Tariffs Yet Again | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:46 AM CST US Tariffs on Canada and Mexico See Another Delay – Less than four days after US President Trump imposed tariffs on Canada and Mexico, the White House has made a 180-degree turn again and repealed most...Continue Reading

By Editorial Dept – Mar 07, 2025, 8:30 AM CST At the time of writing, it was the 11th hour for Gaza, where Trump’s occupational peace plan has fallen by the wayside for the time being. Even so, the plan to turn Gaza into a sort of Western Trump resort was perhaps never intended to...Continue Reading

How Should Traders Play Trump’s Tariff Madness | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:30 AM CST On Tuesday evening, Donald Trump gave a speech to a joint session of Congress. The tone of that speech was what most observers expected. It was self-congratulatory, confrontational, and often controversial, but there was...Continue Reading

U.S. Mulls New Plan to Hinder Iran’s Oil Exports | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:30 AM CST Politics, Geopolitics & Conflict Syria remains fragile. Now that the dust has settled, various armed groups (including Assad regime loyalists) have risen from the ashes after regrouping. For now, these are fairly...Continue Reading

Trade War Uncertainty Keeps Oil Traders on Edge | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:30 AM CST Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC+ supply hikes, trade war escalations, and weak demand indicators has kept oil bulls...Continue Reading

Russia Attacks Ukraine’s Energy and Gas Infrastructure | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 07, 2025, 8:20 AM CST Russia attacked energy and gas infrastructure in Ukraine early...Continue Reading

Nigeria Boosts Oil Production Above Its OPEC+ Quota | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 07, 2025, 7:20 AM CST Higher exports and increased demand from the huge...Continue Reading