Oil prices steadied on Monday as Washington moved toward ending a 40-day government shutdown, offering a modest boost to demand expectations but leaving markets weighed by oversupply signals and still plenty of uncertainty.  On Monday at 1:42p.m. ET, West Texas Intermediate (WTI) traded at $59.99 a barrel, up 0.40%, while Brent crude was up 0.56%...Continue Reading

A New Oil Price War Is Now Underway | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Nov 10, 2025, 1:00 PM CST OPEC+ raised output to...Continue Reading

Renault in Talks with Chinese Supplier for Next-Gen EV Motor Technology | 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 10, 2025, 12:30 PM CST Renault is in talks with a Chinese supplier to develop electric-vehicle motors that do not...Continue Reading

The Trump administration has released full financial terms for its first “Big Beautiful Gulf” offshore oil and gas auction, setting a 12.5% royalty rate and offering nearly 80 million acres across the Gulf of Mexico, according to a new release from the U.S. Department of the Interior on Monday. The details mark the first concrete...Continue Reading

Norway’s $2.1 Trillion Oil Fund Seeks Renewables Deals in U.S. | 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 10, 2025, 11:30 AM CST Norway’s $2.1-trillion oil fund is looking to invest in renewable energy assets in the U.S. and...Continue Reading

Who Will End Up Paying for the AI Spending Spree? | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Nov 10, 2025, 11:00 AM CST Despite denials...Continue Reading

Ranger Energy Services is set to become the largest well-servicing provider in the Lower 48 with its $90.5 million acquisition of American Well Services, expanding its Permian Basin rig fleet by 25% and boosting earnings and cash flow potential. SourceContinue Reading

Venture Global Swings to Massive Q3 Profit as LNG Sales Explode | 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 10, 2025, 10:30 AM CST U.S. LNG exporter Venture Global (NYSE: VG) booked a net income for the third quarter,...Continue Reading

Lukoil has declared force majeure on oil shipments from Iraq’s West Qurna 2 field following new U.S. sanctions, marking the first major disruption to the Russian producer’s international operations. SourceContinue Reading

ExxonMobil CEO Darren Woods says the company will move “fairly quickly” on the Mozambique Rovuma LNG project once force majeure is lifted, signaling renewed progress. SourceContinue Reading