Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows, tightening supplies from one of OPEC+’s largest non-core contributors and forcing operators to curtail production, Reuters reported on Thursday.  Output dropped in the first two days of December after storms and structural damage limited loading capacity at...Continue Reading

European automaker shares rose sharply on Thursday after President Donald Trump moved to roll back U.S. fuel economy limits established under Joe Biden, according to Reuters. The administration framed the proposal as a way to lower consumer costs by making it easier for companies to sell gasoline-powered vehicles. By mid-morning, Porsche shares were up more than 5%,...Continue Reading

U.S. Waiver Lets Lukoil Stations Abroad Keep Operating Despite Sanctions | 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 – Dec 04, 2025, 12:30 PM CST The Treasury Department has quietly issued an...Continue Reading

The Circular Battery Economy Set to Surge to Nearly $78 Billion | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 04, 2025, 12:00 PM CST The global circular battery economy is projected to grow from $23.29 billion in 2024 to...Continue Reading

U.S. Data Center Demand Could Hit 106 GW by 2035 | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 04, 2025, 11:00 AM CST BNEF estimates U.S. data center demand could reach 106 GW by 2035, far above other recent forecasts. Many...Continue Reading

Oil Exports from Russian Black Sea Ports Dip on Attacks and Storms | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 04, 2025, 10:30 AM CST Crude oil exports from the Russian terminals on the Black Sea were much lower in November than originally planned...Continue Reading

Oil Tanker Rates Skyrocket by 467% Amid Shipping Chaos | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 04, 2025, 10:30 AM CST The daily rates for chartering a vessel to transport commodities have surged this year, with oil tanker rates skyrocketing by 467%, as...Continue Reading

Saudi Aramco has slashed its Arab Light crude price to the lowest level since 2021, signaling mounting global oversupply and softer demand as OPEC+ prepares for a slower start to 2026. SourceContinue Reading

Argentina Sees Greenlight for $20 Billion LNG Project in Mid-2026 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Dec 04, 2025, 9:30 AM CST Argentina’s state-run energy firm YPF expects to take together with its foreign partners the final investment...Continue Reading

Kongsberg Maritime has landed a major LARS contract with Sea1 Offshore, supplying advanced launch-and-recovery systems for four new construction vessels and boosting subsea capability in harsh offshore conditions. SourceContinue Reading