Crude oil inventories in the United States increased by 2.4 million barrels during the week ending August 29, after falling 2.4 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 420.7 million barrels according to government data, which...Continue Reading
U.S. Breaks LNG Export Record in August | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Sep 04, 2025, 11:00 AM CDT U.S. LNG exports hit an...Continue Reading
Oil declined on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year. Russian Deputy Prime Minister Alexander Novak said OPEC+ will “look at the current situation as a whole” before making a decision. SourceContinue Reading
Shell is testing the market for possible buyers of its 16.67% stake in the North West Shelf LNG export project in Western Australia, which could be worth more than $3 billion, according to people familiar with the matter. SourceContinue Reading
Op-Ed: Backed by more than a century of industry leadership, the American Petroleum Institute (API) has helped define what quality and reliability look like for the oil and gas industry, developing widely adopted standards and certification programs that support safe operations. SourceContinue Reading
Angola’s crude output slipped below one million barrels a day in July, threatening state revenues that fund more than 90% of exports. Angola is finalizing a new licensing plan covering 2026 to 2030, which will include both offshore blocks and inland basins, said the head of ANPG. SourceContinue Reading
India–UAE LNG Pact Becomes Pillar of U.S. Counter-China Strategy | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Sep 04, 2025, 10:00 AM CDT Washington is cultivating...Continue Reading
China Tackles Price Wars as Bloated Solar Sector Amasses Huge Losses | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Sep 04, 2025, 9:30 AM CDT China has launched in earnest the drive to curb excess capacity in the solar manufacturing...Continue Reading
CNOOC Starts Up Another Oil Project in South China Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 04, 2025, 9:30 AM CDT CNOOC Limited has launched oil production at the Wenchang 16-2 Oilfield Development Project in the northern part of the South China...Continue Reading
Trump Ready to Place More U.S. Troops in Poland Amid Russia Threat | 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 – Sep 04, 2025, 9:00 AM CDT...Continue Reading