OPEC Moves Up Meeting To Discuss Oil Production Quotas | 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 – May 02, 2025, 11:00 AM CDT The OPEC+ members currently participating in voluntary production...Continue Reading

Oil Markets Enter May on the Back Foot | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – May 02, 2025, 11:00 AM CDT Crude oil futures tumbled over the past week, falling more than 6%...Continue Reading

Equinor has entered into agreements with Brazilian company PRIO to sell its 60% operated interest in the Peregrino field in Brazil for $3.5 billion USD. Peregrino is a heavy oil field consisting of a FPSO platform supported by three fixed platforms. Equinor has been operating the field since 2009, with around 300 million barrels of...Continue Reading

Europe’s Natural Gas Prices Rise as China Hints at U.S. Trade Talks | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 02, 2025, 10:30 AM CDT European benchmark natural gas prices rose on Friday amid signals from China that it...Continue Reading

Imperial Oil Q1 Earnings Rise on Higher Refining Margins | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 02, 2025, 10:30 AM CDT Canadian producer Imperial Oil booked a higher net income for the first quarter than a year earlier as industry refining margins improved....Continue Reading

Tesla’s Problems Create an Opportunity Elsewhere | OilPrice.com Premium Content By Editorial Dept – May 02, 2025, 9:30 AM CDT There have been reports this week that the Tesla (TSLA) board have initiated a search for a new CEO to replace Elon Musk. The company has denied them, of course, but the chaos around Tesla’s...Continue Reading

Crude Oil Prices Retreat as Demand Cracks and Supply Risks Mount | OilPrice.com Premium Content By Editorial Dept – May 02, 2025, 9:30 AM CDT Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. West Texas Intermediate (WTI)...Continue Reading

By Editorial Dept – May 02, 2025, 9:30 AM CDT We’re seeing a fast-moving deterioration in India-Pakistan relations triggered by a high-casualty militant attack in Indian-administered Kashmir on April 22. Indian intelligence is attributing the incident to Pakistan-based elements, citing cross-border movement and recovered ID documents. Pakistan has denied any role and is calling for...Continue Reading

U.S.-Iran Nuclear Talks Delayed Amid Sanctions, Explosions, and Leadership Shake-Up | OilPrice.com Premium Content By Editorial Dept – May 02, 2025, 9:30 AM CDT Politics, Geopolitics & Conflict – The fourth round of indirect nuclear negotiations between the U.S. and Iran, initially scheduled for May 3 in Rome, has been postponed. While Omani officials cited...Continue Reading

Lower Oil Prices Lead to Growth Slowdown Across the Middle East | OilPrice.com Premium Content By Editorial Dept – May 02, 2025, 9:30 AM CDT Numbers Report – May 02, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week...Continue Reading