HSBC is sticking with the bear case on balances, saying OPEC+ will pick up the pace of quota increases in Q2–Q3 2026 as the group leans back into market share. The call lands two days after OPEC+ signed off on a small 137,000 bpd hike for December and—crucially—a pause on further hikes in January–March 2026,...Continue Reading

In Tashkent’s ongoing effort to find a path to a seaport and expand global trade options, representatives of the state company Uzbekistan Railways have engaged a Pakistani logistics firm to establish a multimodal route connecting Uzbekistan and Pakistan. The October 30 talks involving Uzbekistan Railways and Islamabad-based SLG Trax Group “discussed in detail” the feasibility of a secure and...Continue Reading

Libya Announces New Onshore Oil Discovery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 04, 2025, 12:30 PM CST Libya’s National Oil Corporation (NOC) said on Tuesday its wholly-owned subsidiary Arabian Gulf Oil Company (ACOGO) has made a new oil discovery in the Ghadames...Continue Reading

How the UAE Has Helped Western Oil and Gas Majors Return to Iraq | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Nov 04, 2025, 12:00 PM...Continue Reading

Wind Power Project Faces Setback in Northern Norway | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Nov 04, 2025, 11:30 AM CST Norway is rejecting an application for an 800-MW windfarm in its northernmost county Finnmark, citing irreversible impact on...Continue Reading

Will Russia Intervene to Save Maduro? | 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 – Nov 04, 2025, 11:00 AM CST The U.S. has increased its military...Continue Reading

Chevron has entered two deepwater offshore blocks in Guinea-Bissau’s MSGBC basin, expanding its strategic footprint in West Africa. The U.S. major will operate Blocks 5B and 6B with 90% interest, focusing on oil exploration through new seismic interpretation. SourceContinue Reading

Japan’s J-Power to Close Coal Plants by 2028 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Nov 04, 2025, 10:30 AM CST Japanese power company J-Power has announced plans to close two units at a thermal coal power plant by...Continue Reading

Halliburton has launched its LOGIX™ unit vitality system, an AI-powered platform that monitors cementing equipment in real time to improve reliability, predict maintenance needs and reduce nonproductive time. SourceContinue Reading

Comstock Resources reported higher third-quarter earnings on stronger gas prices and record Haynesville well performance. The company plans to sell its Shelby Trough assets for $430 million, using proceeds to reduce debt and reinforce its Haynesville growth focus. SourceContinue Reading