Nigeria has set a lower threshold by which oil companies can recover their expenses as it seeks to boost government revenue amid lower crude oil prices threatening to widen the budget deficit in the West African nation. SourceContinue Reading

Voters in Guyana headed to the polls to decide whether to reelect President Irfaan Ali or back rivals pledging to squeeze more wealth from ExxonMobil’s offshore oil fields, even as troops came under fire from across the Venezuelan border. SourceContinue Reading

Saudi Arabia and Iraq Cease Oil Shipments to This Sanctioned Indian Refiner | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 01, 2025, 2:00 PM CDT According to a report by Reuters, Saudi Aramco and Iraq’s SOMO have stopped supplying crude to Nayara Energy’s refinery...Continue Reading

Europe Triggers Iran Sanctions Snapback | 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 01, 2025, 2:00 PM CDT UK, France, and Germany have begun the...Continue Reading

EU Considers 10-Year Tax Holiday for Aviation, Shipping Fuels | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 01, 2025, 1:00 PM CDT The European Union is considering a 10-year exemption from energy taxes on aviation and shipping fuels, according to a draft proposal obtained...Continue Reading

A Trump administration emissary is making an extended visit to Uzbekistan with the apparent aim of advancing the US critical minerals agenda. Paolo Zampolli, the White House’s Special Envoy for Global Partnerships, arrived in Tashkent on August 28 with a stated goal of building “enduring ties that sustain the strength and vitality of US diplomacy,”...Continue Reading

How Batteries Are Reshaping the Global Energy System | 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 – Sep 01, 2025, 12:00 PM CDT Global grid storage capacity...Continue Reading

South Sudan Crude Flows at Risk Following Series of Drone Strikes | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 01, 2025, 11:30 AM CDT Civil war-torn Sudan has shut down its Heglig oil facilities after a series of drone strikes by the paramilitary Rapid...Continue Reading

India’s Defiance Could Reshape the Oil Chessboard | OilPrice.com Neil Crosby Neil Crosby is an experienced energy market and commodity analyst, specialising in crude oil, oil products, biofuels, and carbon. With roles at OilX and JBC… More Info Premium Content By Neil Crosby – Sep 01, 2025, 11:00 AM CDT India has only modestly trimmed...Continue Reading

Oil traders expect OPEC+ to hold crude production steady when it meets this weekend, as the group pauses after a series of accelerated supply increases. SourceContinue Reading