The chances that a rival oil company will take over bp Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co. SourceContinue Reading

OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of commodities research said. SourceContinue Reading

Stainless Steel Market Reacts to Tariff Hikes | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jun 09, 2025, 12:00 PM CDT The US government doubled tariffs...Continue Reading

Amazon Targets Nuclear Energy in $20B Pennsylvania AI Bet | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 09, 2025, 11:30 AM CDT Amazon Web Services (AWS) is doubling down on its AI ambitions with a $20-billion expansion plan to build two new data center...Continue Reading

OPEC Oil Production Fell Short of OPEC+ Target in May | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 09, 2025, 11:00 AM CDT OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. All 12 OPEC members produced 26.75...Continue Reading

Halliburton will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production and intervention to maximize plug and abandonment (P&A) operations. SourceContinue Reading

Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. SourceContinue Reading

U.S. and China Officials Meet in London for Trade Talks | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 09, 2025, 10:00 AM CDT US and Chinese officials met in London to attempt to resolve trade disputes, following previous talks in Geneva...Continue Reading

Foreign Investors Are Betting Big on Argentina’s Energy Sector | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 09, 2025, 9:30 AM CDT International companies are not shunning Argentina anymore and exploring mergers and acquisitions (M&A) opportunities, including in the energy sector, as business-friendly reforms...Continue Reading

Iraq’s Economy on Edge Due to High Oil Income Dependence | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 09, 2025, 9:01 AM CDT Oil exports made up 91% of Iraq’s $107 billion federal revenue in 2024, exposing the country to extreme oil price volatility....Continue Reading