Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. SourceContinue Reading

Large Jump in Fuel Inventories Outweighs Crude Draw | 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 Premium Content By Irina Slav – Jan 08, 2025, 9:34 AM CST Crude oil prices were flat on the day, after the...Continue Reading

BP to Help India Boost Production at Its Largest Oilfield | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 08, 2025, 9:30 AM CST India’s largest exploration and production firm, state-held Oil and Natural Gas Corporation Limited (ONGC) has hired supermajor BP to be the...Continue Reading

Porsche’s China Sales Slump Drags Down Luxury EV Market | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 08, 2025, 9:00 AM CST Porsche is offering significant markdowns on the Taycan EV due to a slump in demand, particularly in China. The...Continue Reading

Higher Taxes Could Slow China’s Fuel Oil Imports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 08, 2025, 8:30 AM CST Due to a hike in import tariffs, Chinese imports of fuel oil are set to slow at the start of the year, which...Continue Reading

Shell Flags Weaker Q4 LNG Output and Significantly Lower Trading | 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 – Jan 08, 2025, 7:30 AM CST Shell expects its LNG production and...Continue Reading

India’s Power Generation Growth at Slowest Pace Since Covid | 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 – Jan 08, 2025, 6:01 AM CST Weakening economic growth in the second half...Continue Reading

Trump Not Ruling Out Force in Threats to Take Over Panama Canal | 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 – Jan 08, 2025, 4:43 AM CST Incoming U.S. President Donald...Continue Reading

Alaska Sues Biden Administration Over Restricting Oil and Gas Lease Sale | 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 – Jan 08, 2025, 3:35 AM CST The state of Alaska is...Continue Reading

Exxon Warns of Weaker Q4 Profits Amid Lower Refining Margins | 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 – Jan 08, 2025, 2:30 AM CST Exxon expects to book a weaker profit for...Continue Reading