Halliburton fell sharply after warning investors that tariffs will impact a wide swath of the company’s business units. Halliburton is the first major company in the U.S. oil industry to disclose a specific financial impact from the global trade war. SourceContinue Reading

New Trade Rules Set to Disrupt Global Air Freight | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 22, 2025, 3:00 PM CDT The air cargo industry is projected to lose billions in revenue due to new US tariffs and the end...Continue Reading

Elliott Investment Management has built up its stake in bp Plc to just over 5% of shares, as the activist investor continues its pressure campaign at the struggling oil giant. The stake, disclosed in a regulatory filing on Tuesday, would make Elliott one of bp’s largest shareholders. SourceContinue Reading

China’s Rare Earth Export Halt Raises Trade War Tensions | 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 – Apr 22, 2025, 2:00 PM CDT China has halted...Continue Reading

Hammerfest LNG Hits the Snooze Button Again—This Time on Purpose | 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 – Apr 22, 2025, 1:30 PM CDT Europe’s largest LNG export terminal, Hammerfest LNG—aka...Continue Reading

IMF Lowers Saudi Growth Outlook Amid Economic Pressures | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 22, 2025, 12:30 PM CDT Saudi Arabia’s economy is set to grow by 3.0% this year, a rebound from meager 1.3% growth in 2024, but lower than a...Continue Reading

Tesla Investors Brace for Messy Earnings Report | 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 – Apr 22, 2025, 12:00 PM CDT Tesla’s stock experienced a significant...Continue Reading

U.S. environmental organizations are ramping up legal efforts to counter President Trump’s aggressive deregulation of oil, gas, and coal industries.  Trump’s recent executive orders aim to sunset all energy regulations by next year and allow agencies to bypass public comment periods, while also granting exemptions from clean air rules and fast-tracking projects like a Great...Continue Reading

Halliburton reported a first-quarter profit drop to $204 million (24 cents/share) from $606 million last year, with shares falling 6% to $20.62 after warning of a second-quarter earnings hit. CEO Jeff Miller cited President Trump’s tariffs, which raise costs for steel-based equipment like drilling rigs, and weak U.S. crude prices below $64/barrel, deterring profitable drilling....Continue Reading

Iran Boosts Natural Gas Production at Huge South Pars Field | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 22, 2025, 11:30 AM CDT Iran is boosting natural gas production from Phase 11 of the giant South Pars field after bringing online a key new...Continue Reading