Rolls-Royce Shares Soar After Major Profit Forecast Upgrade | 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 – Nov 13, 2025, 12:00 PM CST Rolls-Royce is projecting a...Continue Reading

U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 13, 2025, 11:30 AM CST Nearly a third of Russia’s current seaborne oil export potential is now stuck in tankers as the U.S. sanctions upend...Continue Reading

Crude oil inventories in the United States increased by 6.4 million barrels during the week ending November 7, after gaining 5.2 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The increase brings commercial stockpiles to 427.6 million barrels according to government data, which...Continue Reading

Repsol is evaluating a reverse merger between its $19 billion upstream division and APA to speed a New York listing, as the company weighs options ranging from an IPO to a stake sale. SourceContinue Reading

Nigeria Scraps Plans for Fuel Import Duty in Blow to Local Refiners | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 13, 2025, 10:30 AM CST Nigeria is abandoning plans to impose a 15% duty on imported refined petroleum products, which is a blow to...Continue Reading

Kazakh President Kassym-Jomart Tokayev kicked off a two-day visit November 11 to Russia by exchanging pleasantries in the Kremlin with Vladimir Putin and meeting with students at the prestigious Moscow State Institute for International Relations. Tokayev sought to reassure Putin that bilateral ties retain “the character of strategic partnership,” adding that “there are no serious problems between our states.” Putin, meanwhile, voiced a...Continue Reading

Cenovus has officially closed its acquisition of MEG Energy, adding 110,000 bpd of low-cost oil sands production and consolidating a key thermal hub in Alberta. The deal strengthens Cenovus’s long-life asset base and positions the company for new synergies ahead of its 2026 budget update. SourceContinue Reading

DeepOcean has secured a subsea construction and installation contract from Equinor for the Snorre Export and Import Gas Project (SNEIG), part of the broader effort to extend the Snorre field’s production life beyond 2040. SourceContinue Reading

Oil Stabilizes After Selloff Amid OPEC Reassessment and U.S. Funding Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 13, 2025, 10:15 AM CST Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI...Continue Reading

Chevron CEO Mike Wirth says rising OPEC+ supply will pressure oil prices in 2026, while global LNG demand remains strong despite a supply surge later in the decade. SourceContinue Reading