Goldman Sachs analysts issued yet another update to their oil price forecast, reiterating expectations of weaker prices this year and next, on the back of substantial growth in non-OPEC supply—excluding U.S. shale. In a note, the analysts said “oil production growth from non-OPEC ex Russia ex shale top projects will likely accelerate to 1MB/d over...Continue Reading

Oil Prices Under Pressure From the Prospect of Another OPEC+ Hike | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – May 27, 2025, 2:13 AM CDT Crude oil prices slid further today after...Continue Reading

Wildfire Season Begins in Alberta With First Evacuation | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – May 27, 2025, 1:18 AM CDT Wildfires erupted in the northern part of Alberta over the...Continue Reading

U.S. Offshore Oil Production Set To Jump | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – May 26, 2025, 7:00 PM CDT EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day...Continue Reading

The Permian Is Not Done Yet | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 26, 2025, 6:00 PM CDT The Permian Basin now produces over 6 million bpd, with Wood Mackenzie...Continue Reading

Brussels Moves Ahead with 2027 Russian Gas Exit 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 – May 26, 2025, 5:00 PM CDT The EU has...Continue Reading

UK-based Vulcan Completion Products has partnered with Sudelac Limited under an IP license agreement to offer advanced pressure and load testing for float equipment using the patented FloatCHECKER PT system. SourceContinue Reading

Trump Wants Pipelines, But Midstream Firms Aren’t Biting | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 26, 2025, 4:00 PM CDT U.S. midstream firms are hesitant to launch new...Continue Reading

UK Energy Bills Set to Decrease This Summer | 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 – May 26, 2025, 3:00 PM CDT Ofgem has announced a...Continue Reading

Trump Pressure Looms Over Upcoming NATO Meeting | 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 – May 26, 2025, 2:00 PM CDT The upcoming NATO summit in...Continue Reading