Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – May 30, 2025, 10:30 AM CDT A turbulent week for global energy markets saw oil...Continue Reading
Saudi Aramco’s Borrowing Spree | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 10:04 AM CDT Defying Lower Oil Prices, Saudi Aramco Goes on Borrowing Spree – Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow more from the financial markets to meet its investment needs, having raised $5 billion this...Continue Reading
EOG Resources today announced a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 billion. The deal positions EOG as a leading E&P within the Utica shale play, adding 675,000 net acres for a combined 1,100,000 acres, and representing more than two billion boe of undeveloped resource. SourceContinue Reading
By Editorial Dept – May 30, 2025, 9:30 AM CDT There was a time when Libya’s internal chaos lit up the radar in Washington, Moscow, Ankara, and Brussels. Not anymore. In 2025, the country is in the middle of an undeclared but escalating civil war, and no one with real leverage is rushing in to...Continue Reading
Russia Moves to Steal Power From Europe’s Biggest Nuclear Plant | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 9:30 AM CDT Politics, Geopolitics & Conflict Ukraine is protesting Russia’s construction of power lines to the occupied Zaporizhzhia nuclear plant, a move Kyiv says solidifies annexation. The UN insists there’s no immediate nuclear...Continue Reading
Oil Markets Await Clear Signals From OPEC+ | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 9:30 AM CDT WTI futures ended Thursday’s session just below a $62.59 pivot, paring earlier gains as a late-week rally fizzled. Crude prices initially rose following a U.S. trade court ruling that overturned broad Trump-era tariffs, which...Continue Reading
An Undervalued Engineering Company With Strong Ties to Energy Markets | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 9:30 AM CDT Just under a year ago, I wrote a piece here suggesting that readers look at buying stock in NuScale (SMR), a young company that designs and builds small modular reactors (SMRs)....Continue Reading
Supertanker With Russian Oil Anchored Near China Could Signal Weak Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 30, 2025, 9:15 AM CDT A supertanker carrying 2.1 million barrels of Russia’s Far Eastern ESPO crude grade has been anchored near China for days...Continue Reading
This weekend, OPEC+ may debate boosting oil production in July by more than the 411,000-bpd monthly hikes it has announced for May and June, sources with knowledge of the discussions at the production group told Reuters on Friday. For two months now, OPEC+ has been pursuing a policy to unwind the production cuts by monthly...Continue Reading
EU Set to Propose More Flexible 2040 Emissions Target | 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 30, 2025, 8:15 AM CDT The European Commission considers allowing European Union...Continue Reading
