Oil prices climbed on Monday morning despite expectations that OPEC+ will continue to boost production in the coming months. Morgan Stanley commodity analysts expect OPEC+ to make three new monthly boosts to its output, returning all 2.2 million bpd it agreed to remove from the market in 2022, by October. This will keep oil prices...Continue Reading

Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon | 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 – Jun 02, 2025, 5:32 AM CDT The Kashagan oilfield, which began...Continue Reading

European Asset Manager Sells All Its Exxon Shares Over Climate Goals | 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 – Jun 02, 2025, 4:28 AM CDT A $570-billion German asset manager...Continue Reading

UK Industry Body Flags Exorbitant Energy Costs | 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 – Jun 02, 2025, 2:45 AM CDT Make UK, a manufacturing industry body, has warned that sky-high energy...Continue Reading

Goldman Expects OPEC+ Output Hikes to End in August | 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 – Jun 02, 2025, 1:45 AM CDT Goldman Sachs expects OPEC+ to make its final production...Continue Reading

Trump’s ‘Beautiful’ Bill Casts a Cloud Over Hydrogen’s Future | 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 – Jun 01, 2025, 4:00 PM CDT Trump’s new House-passed bill aims to repeal key clean energy tax credits, including the 45V...Continue Reading

Tariffs and Turmoil Undermine Trump’s Oil and Gas Promises | 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 – Jun 01, 2025, 2:00 PM CDT Despite pro-oil rhetoric and...Continue Reading

The Cooperative Republic of Guyana and African Export-Import Bank (Afreximbank) have concluded a two-day roadshow to promote access to a US $1-billion oil services financing facility announced by the Bank in February this year during the Guyana Energy Conference. SourceContinue Reading

Officials say the supply hikes reflect Saudi Arabia’s desire to punish over-producing members like Kazakhstan and Iraq, recoup market share lost to U.S. shale drillers and other rivals, and satisfy U.S. President Trump’s desire for cheaper oil. SourceContinue Reading

Canadian wildfires have prompted evacuations from oil sands projects in northern Alberta and forced thousands of people from their homes. A fire near Cold Lake, Alberta is bearing down on oil sands operations and curtailing production in the region as employees are told to leave. SourceContinue Reading