Oil prices extended losses on Wednesday as rising OPEC+ supply and escalating U.S.-China trade tensions deepened concerns over global demand, prompting Bank of America to warn that Brent crude could drop below $50 per barrel in the months ahead. In midday trading at 1:13p.m. ET on Wednesday, WTI crude was trading at $58.55, while Brent...Continue Reading
Mexico Sends $3 Billion in Subsidized Fuel to Cuba in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 15, 2025, 1:40 PM CDT Between May and August 2025, Mexico shipped more than $3 billion worth of subsidized fuel to Cuba through Gasolinas Bienestar,...Continue Reading
GM Faces $1.6 Billion Loss as EV Demand Slows | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Oct 15, 2025, 1:00 PM CDT General Motors will incur a $1.6 billion loss to scale back its electric vehicle (EV) operations, citing weaker expected...Continue Reading
WoodMac Warns Copper Demand to Surge 24% by 2035 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 15, 2025, 12:30 PM CDT Global copper demand is projected to rise 24% by 2035, driven by electric vehicles, renewable power, data centers, and grid modernization, according...Continue Reading
Copper and Gold Are Driving a Mining Renaissance | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Oct 15, 2025, 12:00 PM CDT The mining industry is...Continue Reading
OPEC Cracks Down on “Paper Barrels” With Independent Review | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 15, 2025, 11:30 AM CDT OPEC will bring in an independent consultant to evaluate the production capacity of its member states, Kuwait’s Oil Minister Saad Al Barrak...Continue Reading
Russia’s Fuel Shortages Ripple Across Central Asia | 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 – Oct 15, 2025, 11:00 AM CDT Ukrainian strikes on Russian oil...Continue Reading
Cenovus Boosts MEG Energy Stake Ahead of Crucial Takeover Vote | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Oct 15, 2025, 10:30 AM CDT Cenovus Energy Inc. said on Wednesday it had built up a 9.8% stake in MEG Energy...Continue Reading
bp and the Shah Deniz consortium have awarded three major offshore contracts worth about $700 million to the Saipem and BOS Shelf joint venture for the Shah Deniz Compression (SDC) project in the Caspian Sea. SourceContinue Reading
Trade Routes Rise, Security Risks Multiply in Central Asia | OilPrice.com James Durso James D. Durso is the Managing Director of Corsair LLC, a supply chain consultancy. In 2013 to2015, he was the Chief Executive Officer of AKM… More Info Premium Content By James Durso – Oct 15, 2025, 10:00 AM CDT China is rapidly...Continue Reading
