Trump Calls for “Total Dismantlement” of Iran’s Nuclear Program | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 05, 2025, 10:00 AM CDT President Trump wants...Continue Reading
Valaris Limited has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15. The contract is expected to commence in the third quarter 2026. The total contract value, based on an estimated duration of 250 days, is approximately $135 million, including upfront payments for rig upgrades and mobilization. SourceContinue Reading
Morgan Stanley Slashes Brent Oil Price Forecast to $62.50 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 05, 2025, 9:15 AM CDT Morgan Stanley joined other major investment banks in slashing oil price forecasts amid expectations of a larger market surplus later this year...Continue Reading
U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday. Oil prices have slipped by more...Continue Reading
Saudi Arabia Raises Oil Price to Asia as OPEC+ Boosts Supply Further | 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 – May 05, 2025, 7:45 AM CDT Saudi Arabia has raised...Continue Reading
Goldman Sachs Slashes Its Oil Price Forecast Yet Again | 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 – May 05, 2025, 6:30 AM CDT Goldman Sachs has slashed its oil price...Continue Reading
EU Has Limited Legal Options to Cut Off Russian Gas Supply | 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 – May 05, 2025, 5:30 AM CDT The European Union has a...Continue Reading
The End of an Era for Berkshire Hathaway as Buffett Steps Down | 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 – May 05, 2025, 4:30 AM CDT Warren Buffett is retiring...Continue Reading
Mining Major Hails Massive Copper Discovery | 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 – May 05, 2025, 3:30 AM CDT Lundin Mining Corp. has declared the Filo del Sol copper discovery one...Continue Reading
Shell Reportedly Studying BP Bid | 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 – May 05, 2025, 2:30 AM CDT Shell is reportedly considering a takeover bid for fellow supermajor BP, which has...Continue Reading