US-China Trade Talks Lift Oil Prices | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jun 06, 2025, 10:30 AM CDT ICE Brent is poised to close the week above $66 as trade optimism lifts...Continue Reading

Trump Administration: Biden’s Fuel Economy Rules Exceeded Authority | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 06, 2025, 10:30 AM CDT The fuel economy standards issued under former President Biden exceeded legal authority, the U.S. Department of Transportation said on Friday. Under the so-called...Continue Reading

Oil Traders Brace for 2026 Squeeze | OilPrice.com Premium Content By Editorial Dept – Jun 06, 2025, 10:02 AM CDT Wary of the ‘Hockey Stick’, Oil Traders Hedge Their 2025 Exposure – Open interest in WTI calendar spread options – contracts that see market participants bid on the future value of crude oil futures across...Continue Reading

HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 06, 2025, 9:30 AM CDT HSBC’s forecast that Brent Crude prices would remain around $65 per barrel later this year could be too optimistic...Continue Reading

Venezuela hasn’t waited long to replace Western service providers in its oil industry after the U.S. sanctions, and has signed at least nine agreements with foreign firms, including from China, sources with knowledge of the deals told Bloomberg. Under the U.S. sanctions, Western oil producers were given time until May to wrap up their operations...Continue Reading

Russia Strikes Kyiv Following Operation Spiderweb | OilPrice.com Premium Content By Editorial Dept – Jun 06, 2025, 9:00 AM CDT Politics, Geopolitics & Conflict On June 1, Ukraine executed Operation Spiderweb, a meticulously planned drone offensive targeting five Russian airbases, including facilities in Siberia. The operation reportedly damaged or destroyed approximately 34% of Russia’s strategic...Continue Reading

By Editorial Dept – Jun 06, 2025, 9:00 AM CDT Turkey is back in the spotlight this week, and Erdogan is at it again. This time, he’s gotten rid of five more opponents as he rather brazenly and publicly picks off his rivals one by one (or in this case, five by five). On Thursday,...Continue Reading

Long-Term Potential Makes This the One Fuel Cell Stock Worth Buying | OilPrice.com Premium Content By Editorial Dept – Jun 06, 2025, 9:00 AM CDT On the surface, this is not a good time to be investing in alternative energy in the US. The current White House administration is not just pro-fossil fuel but often...Continue Reading

Oil Holds Strong on Supply Disruptions and Geopolitical Tensions | OilPrice.com Premium Content By Editorial Dept – Jun 06, 2025, 9:00 AM CDT Light crude oil futures rallied this week, closing Thursday at $63.37 per barrel—up approximately 4.2%—as the market digested a cocktail of bullish catalysts. Traders responded to unplanned supply disruptions in Canada, measured...Continue Reading

Spain Halts Oil Imports From Venezuela as U.S. Sanctions Come Into Effect | 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 Related News By Tsvetana Paraskova – Jun 06, 2025, 8:30 AM CDT Spain did not import...Continue Reading