Can the EU Really Ditch Russian Gas? | OilPrice.com Premium Content By Editorial Dept – May 09, 2025, 10:50 AM CDT On paper, the EU is phasing out Russian gas. A ban on new contracts kicks in by 2025, and the goal is full independence by 2027. That’s the public position, reinforced by press releases,...Continue Reading

U.S. Drillers Double Down on Location Economics | OilPrice.com Premium Content By Editorial Dept – May 09, 2025, 10:50 AM CDT Oil Refiners Fear Trade Wars Will Hit Them Soon – Q1 2025 results of downstream-focused majors have been in stark contrast with how bearish the market remains on the future of refining, with the...Continue Reading

Enbridge Tops Q1 Profit Estimates on Record Mainline Crude Volumes | 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 – May 09, 2025, 10:30 AM CDT Canada’s pipeline giant Enbridge Inc. reported...Continue Reading

Trade Optimism Pushes Oil Prices Higher | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 09, 2025, 10:14 AM CDT Crude oil prices climbed this week on hopes that the U.S. and China might come to a trade agreement after...Continue Reading

Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up its state finances and fund investments.  SourceContinue Reading

Indonesia Looks to Buy More U.S. Fuel to Avoid Steep Tariffs | 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 – May 09, 2025, 9:40 AM CDT Indonesia plans to slash its...Continue Reading

Oil Prices On Track for Weekly Gain as Market Expects U.S.-China Trade Talks | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 09, 2025, 9:00 AM CDT Oil prices rose following the announcement of the first U.S. trade deal post-tariffs with the UK, which will...Continue Reading

U.S. Seeks to Downgrade Climate Risk in Global Financial Regulations | 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 – May 09, 2025, 9:00 AM CDT The U.S. is proposing that the...Continue Reading

Pemex to Reopen Old Oil Wells to Boost Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 09, 2025, 8:10 AM CDT Mexico’s Pemex plans to reopen mature oil wells in a bid to increase production, which has been in a steady decline for...Continue Reading

Some of China’s independent refiners, the so-called teapots, are making a rare foray into the prompt Middle Eastern crude supply by buying cargoes of Abu Dhabi’s Murban grade for delivery in June, anonymous sources with knowledge of the deals told Bloomberg on Friday. The buyers, independent refiners Fuhai Group Co. and Shaanxi Yanchang Petroleum Group,...Continue Reading