The oil price structure has started to slowly shift as prompt futures premiums are softening compared to later-dated contracts, signaling that the market believes supply would be plentiful as soon as peak summer travel season ends.  The rise in supply from OPEC+ producers, as well as from Latin America and Europe, has eased the backwardation...Continue Reading

Centrica Buys UK’s Biggest LNG Import Terminal for $2 Billion | 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 – Aug 14, 2025, 7:00 AM CDT The owner of British Gas, Centrica,...Continue Reading

Chinese Refiners Deepen Losses As Overcapacity Weighs on Margins | 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 – Aug 14, 2025, 6:00 AM CDT China’s refining and petrochemicals sector saw losses...Continue Reading

Vietnam Buys Its First U.S. Crude Oil Cargo for 2025 | 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 – Aug 14, 2025, 4:33 AM CDT Vietnam has bought its first cargo...Continue Reading

South African Court Blocks TotalEnergies Oil Project | 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 Related News By Irina Slav – Aug 14, 2025, 3:30 AM CDT A court in South Africa has halted an oil and gas...Continue Reading

Saudi Wealth Fund Slashes $8 Billion in Megaproject Values Amid Oil Price Woes | 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 Related News By Irina Slav – Aug 14, 2025, 2:30 AM CDT The Saudi Private Investment Fund...Continue Reading

U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds | 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 Related News By Irina Slav – Aug 14, 2025, 12:36 AM CDT The U.S. Department of Energy has announced...Continue Reading

Odds of a Rate Cut Hit 99.9% as September Decision Nears | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 13, 2025, 8:38 PM CDT Financial markets are betting almost unanimously that the Federal Reserve will cut interest rates at its September 16–17 policy meeting...Continue Reading

Rumors of Shale’s Peak Were Premature | 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 – Aug 13, 2025, 7:00 PM CDT Earlier predictions of “peak shale” have shifted, with US shale drillers now...Continue Reading

The West Looks to Break China’s Grip on Critical Minerals | 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 Premium Content By Tsvetana Paraskova – Aug 13, 2025, 6:00 PM CDT Western governments are implementing strategic interventions,...Continue Reading