After a string of weekly gains, oil prices were sent tumbling this week following the announcement of tariffs that the United States will impose on its trade partners, many of which are running substantial trade surpluses with the U.S. At the time of writing Brent crude was trading at $69.52 per barrel, with West Texas...Continue Reading

DoE Hands the Keys to Strategic Crude Oil Stockpile to New Firm | 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 03, 2025, 7:30 PM CDT The Department of Energy has...Continue Reading

China’s Oil Giants Bet on Natural Gas as Fuel Demand Peaks | 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 – Apr 03, 2025, 7:00 PM CDT Transport fuel demand in China...Continue Reading

Energy Stocks Take a Beating As Tariffs Pack Punch | 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 03, 2025, 6:00 PM CDT Oil stocks took a solid beating today after...Continue Reading

In a conference Thursday, OPEC+ was expected to simply remind errant members to respect output limits, ahead of confirming its existing plan to gradually raise production. Instead, they delivered a major shock — increasing supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices....Continue Reading

Schlumberger AI Drilling Deal Could Change Deepwater Extraction Forever | 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 – Apr 03, 2025, 5:00 PM CDT The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than...Continue Reading

Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres.   SourceContinue Reading

Oil Executives Voice Concern Over Trump Energy Policies as Prices Plummet | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Apr 03, 2025, 4:00 PM CDT Oil executives...Continue Reading

U.S. Seeks Higher Spending Pledges from NATO Members | 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 – Apr 03, 2025, 3:00 PM CDT US Secretary of State...Continue Reading

In a bid to bolster significant global investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs). SourceContinue Reading