ExxonMobil and Chevron used record second-quarter profits to reduce debt rather than significantly increase share buybacks, signaling caution as geopolitical tensions and oil market uncertainty continue to shape the industry’s outlook. SourceContinue Reading
Big Oil Companies Report Record Profits Amid High Oil Prices | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Aug 03, 2026, 2:00 PM CDT We are still in the early innings of the earnings season, with roughly a...Continue Reading
Ukrainian Drone Attacks Push Russia’s Largest Online Retailer Abroad | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 03, 2026, 1:00 PM CDT Wildberries is seeking warehouse capacity...Continue Reading
Trump Orders Oil Companies to Cut Gas Prices, Targets Chevron CEO | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 03, 2026, 12:30 PM CDT President Donald Trump demanded that U.S. oil companies immediately lower gasoline prices on Monday after crude futures plunged following his...Continue Reading
Why Have China and Russia Just Stepped Out Of The Shadows In The U.S.-Iran War? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Aug 03, 2026,...Continue Reading
Georgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 03, 2026, 11:30 AM CDT Georgia’s only oil refinery has begun replacing Russian crude with supplies from Kazakhstan and Libya as owner Black Sea Petroleum races...Continue Reading
Why the U.S. Can’t Easily Exit the Iran Conflict | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Aug 03, 2026, 11:00 AM CDT The Trump administration...Continue Reading
Trump’s Iran Reversal Sends European Gas Prices Tumbling | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Aug 03, 2026, 10:30 AM CDT European natural gas prices...Continue Reading
Kosmos Energy reported a 12% increase in second-quarter production as Ghana’s Jubilee field and the Greater Tortue Ahmeyim LNG project drove growth. The company also generated strong free cash flow, reduced debt and advanced its U.S. Gulf portfolio. SourceContinue Reading
Tight global oil inventories and persistent geopolitical risks are expected to keep crude prices supported through August, according to PVM Oil Associates, despite OPEC+’s latest production increase. SourceContinue Reading
