Crude Oil Gains 2% on Hopes of Tariff War Truce | 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 Related News By Tom Kool – Apr 16, 2025, 12:30 PM CDT Crude oil edged more than 2% higher on Wednesday, driven...Continue Reading

Tehran: Uranium Enrichment Is Up for Negotiation | 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 – Apr 16, 2025, 12:00 PM CDT Iran has stated its willingness...Continue Reading

Key Turkish Refinery Gets Back Into Russian Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 16, 2025, 11:30 AM CDT Turkey’s top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year prompted by U.S. sanctions...Continue Reading

EIA Says U.S. Oil Production Will Peak in 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 16, 2025, 11:00 AM CDT The EIA projects U.S. crude oil production to peak at approximately 14 million bpd in 2027. Shale oil production in the U.S....Continue Reading

Mexico Halts U.S. Fuel Imports by Truck Amid Crackdown on Illegal Sales | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 16, 2025, 10:20 AM CDT Mexico has temporarily suspended imports of fuels from the United States by truck as it is stepping up inspections...Continue Reading

Crude oil inventories in the United States saw an increase of 500,000 barrels during the week ending April 11, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up in a rare show of strength prior to the crude data release by the U.S. Energy Information...Continue Reading

Venture Global Begins Contracted Calcasieu Pass LNG Deliveries | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 16, 2025, 9:15 AM CDT U.S. LNG exporter Venture Global has started contractual deliveries from its first LNG export project, Calcasieu Pass, to its long-term customers amid an...Continue Reading

Gold Surges on China’s Economic Data Release | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 16, 2025, 9:00 AM CDT China’s latest economic data, including GDP growth and retail sales, has exceeded expectations, despite concerns about potential impacts from US tariffs....Continue Reading

Thailand Joins Countries Looking to Hike U.S. LNG Imports to Avoid Tariffs | 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 – Apr 16, 2025, 8:08 AM CDT Thailand is the latest...Continue Reading

The eight OPEC+ countries that have been cutting oil production will have to compensate 4.57 million barrels per day (bpd) in overproduction so far, and the compensation plans entail offsetting all above-quota output by June 2026. Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman have submitted their individual compensation plans...Continue Reading