OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from U.S. President Trump to lower prices, delegates said. Postponing the increase of 120,000 bpd would mark the fourth such delay by the alliance since 2022. SourceContinue Reading

Has China’s Oil Demand Peaked? | 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 – Feb 17, 2025, 5:00 PM CST China’s crude oil imports fell 1.9% to just over 11 million bpd in 2024. According to China National Petroleum...Continue Reading

Oil Producers Exercise Caution Despite Policy Shifts | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Feb 17, 2025, 4:00 PM CST Oil companies are primarily driven...Continue Reading

Analysts Predict Gold to Reach $3,200 Later This Year | 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 – Feb 17, 2025, 3:00 PM CST UBS has upgraded...Continue Reading

Unique Group has appointed Fraser Moonie as their Global Commercial & Strategy Development Director – Survey Equipment. Fraser will play a key role in leading and executing the strategic commercial initiatives across Unique Group’s global locations. SourceContinue Reading

Petrobras began production from the FPSO Almirante Tamandaré (Búzios 7) on Feb. 15, 2025 in the Búzios field, located in the pre-salt layer of the Santos Basin. This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225,000 bpd. SourceContinue Reading

Why China is Winning the Nuclear Energy Race | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Feb 17, 2025, 2:00 PM CST China has significantly increased...Continue Reading

Brazilian President Luiz Inacio Lula da Silva is pressuring the country’s environmental regulators to approve oil drilling near the mouth of the Amazon River, arguing that revenue from this new fossil fuel supply could help finance a transition to green energy. Located in the Equatorial Margin, the offshore site, Bloc 59, is about 160 kilometers...Continue Reading

Trump Administration Cuts Spark Chaos at Nuclear Agency | 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 – Feb 17, 2025, 1:00 PM CST The Trump administration’s firings...Continue Reading

U.S. Fuel Prices Surge On Refinery Maintenance And Outages | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 17, 2025, 12:30 PM CST U.S. gasoline prices have resumed their uptrend, with AAA reporting the national average at $3.161...Continue Reading