Brazil’s Renewable Energy Faces Crippling Curtailment Challenges | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Oct 03, 2025, 4:00 PM CDT Curtailment, the forced reduction of...Continue Reading
Copper futures on the London Metal Exchange rose above $10,500 a ton – the highest since May 2024 – driven by a mix of investing themes, macro tailwinds, and worsening supply outlook. Freeport-McMoRan’s (FCX) recent force majeure declaration at Indonesia’s giant Grasberg mine, the world’s second-largest copper source, adds to mounting disruptions already squeezing the...Continue Reading
Saudi Arabia’s Spending Spree Meets Oil Price Reality | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Oct 03, 2025, 1:00 PM CDT Saudi Arabia’s grand Vision 2030 ambitions may be colliding...Continue Reading
The Net Zero Consensus Is Breaking Down in Britain | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Oct 03, 2025, 1:00 PM CDT The UK’s 2019...Continue Reading
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US stayed the same at 549 according to Baker Hughes, down 36 from this same time last year. The...Continue Reading
OPEC+: Reuters Leaks on Oil Plans Again | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Oct 03, 2025, 11:30 AM CDT Reuters and its anonymous sources are again stirring the oil...Continue Reading
OPEC+ members are debating the size of their next oil supply increase, with options ranging from a modest 137,000 bpd to a larger boost. The decision, expected at the November meeting, comes as crude prices trade near four-month lows. SourceContinue Reading
Unit Corporation has sold its Unit Drilling Company subsidiary to Cactus Drilling in a $120 million all-cash transaction, marking a strategic exit from the contract drilling business. The divestiture allows Unit to sharpen its focus on upstream oil and gas operations and pursue new drilling opportunities. SourceContinue Reading
Oil Recovers After 8% Drop | 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 – Oct 03, 2025, 11:04 AM CDT Oil prices saw a small recovery on Friday morning after a continued selloff this week....Continue Reading
Uzbekistan has announced a new batch of energy-related deals with US companies collectively worth upwards of $4 billion. Uzbek Energy Minister Jurabek Mirzamakhmudov told the Uzbekiston 24 TV channel that the government has signed a series of agreements with Pennsylvania-based Air Products to accelerate the Central Asian nation’s “green transition.” According to the company’s website, Air Products aims...Continue Reading
