Trump’s Tariffs Trigger Biggest Oil Price Drop Since 2021 | 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 – Apr 04, 2025, 11:15 AM CDT Oil prices plunged this week as a one-two punch of sweeping...Continue Reading

The National Ocean Industries Association is pleased to announce SEACOR Marine and Proceanic are winners of the 2025 NOIA Safety in Seas Award Competition. SEACOR Marine is the Culture of Safety winner while Proceanic won the Safety Practice award. SourceContinue Reading

Subsea7 has been awarded a sizeable contract by Shell Offshore for the Sparta deepwater development. The project involves the transportation and installation of a floating production system (FPS) off the coast of Louisiana at water depths of up to 1,635 meters.  SourceContinue Reading

U.S. natural gas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining less than the WTI Crude prices, which sank by more than 8% to hit a low of $61 per barrel. The benchmark price for U.S. natural gas delivered at Henry Hub...Continue Reading

Russian Court Rules CPC Oil Export Capacity Should Stay Open | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 04, 2025, 9:30 AM CDT A district court in Russia has ruled that the moorings of the main export terminal for Kazakhstan’s oil should all remain...Continue Reading

Spain imported 59% higher volumes of crude oil from Venezuela in January and February compared to the same period of 2024, Spanish statistics data showed, as the Trump Administration’s deadline for the new sanctions on Venezuela approaches. Spain’s crude oil imports from Venezuela jumped to 449,000 tons in January and February 2025, up from 283,000...Continue Reading

The Spectre of Trade Wars Bursts the Copper Bubble | OilPrice.com Premium Content By Editorial Dept – Apr 04, 2025, 8:30 AM CDT Numbers Report – April 04, 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 in the...Continue Reading

Markets Are Falling Out of Bed: Is It Time to Buy Yet? | OilPrice.com Premium Content By Editorial Dept – Apr 04, 2025, 8:30 AM CDT The most oft-quoted, some would say over-quoted phrase in trading and investment analysis is Warren Buffett’s entreaty to be “Fearful when others are greedy, and greedy when they are...Continue Reading

Iraq Seeks to Resume Talks on Restoring Kurdistan’s Oil Exports | 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 – Apr 04, 2025, 8:30 AM CDT The Iraqi Oil Ministry is calling...Continue Reading

By Editorial Dept – Apr 04, 2025, 8:30 AM CDT This week saw oil prices tank more than 10% as President Donald Trump’s tariffs went into effect. A single-day drop of more than 7% in global oil prices is rare but not unheard of. It usually signals something dramatic: the spectre of war (directly involving...Continue Reading