The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week. The total rig count in the US fell by 7 to 583 rigs, according to Baker Hughes, down...Continue Reading

LNG Gains Ground as Emissions Fall, Study Finds | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Apr 11, 2025, 11:30 AM CDT Has there been a more underrated hero in the...Continue Reading

Could Japan’s Nippon Steel Acquire U.S. Steel Under Trump? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Apr 11, 2025, 11:00 AM CDT President Trump has ordered...Continue Reading

Uncertainty Is Overshadowing Fundamentals in Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Apr 11, 2025, 10:00 AM CDT Oil market fundamentals appear to have entirely given way to sentiment recently, with Trump’s tariff war with China driving...Continue Reading

Energy Secretary Wright: U.S. Can Bring Iran’s Oil Exports to Zero | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 11, 2025, 10:00 AM CDT The United States could halt Iranian oil exports if it increases pressure on Tehran to ensure that it will never...Continue Reading

Oil Price Collapse Will Force Majors to Cut Buybacks | OilPrice.com Premium Content By Editorial Dept – Apr 11, 2025, 9:30 AM CDT Numbers Report – April 11, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the...Continue Reading

Is Trump’s Trade War Crippling Global Oil Demand? | OilPrice.com Premium Content By Editorial Dept – Apr 11, 2025, 9:30 AM CDT Crude oil futures endured a relentless sell-off this week as escalating trade tensions between the U.S. and China deepened fears of an economic slowdown, triggering a widespread reassessment of demand expectations. The fallout...Continue Reading

Trump Accuses Mexico of Water Treaty Violation | OilPrice.com Premium Content By Editorial Dept – Apr 11, 2025, 9:30 AM CDT Politics, Geopolitics, & Conflict Trump has accused Mexico of violating a 1944 water treaty by failing to deliver enough water to Texas, harming farmers in the south and leading to the closure of a...Continue Reading

By Editorial Dept – Apr 11, 2025, 9:30 AM CDT If this week’s volatility wasn’t enough for you, the weekend promises to cook up even more market catalysts to ensure a manic Monday. As the market spins in a kaleidoscope of newsflashes about tariffs, more tariffs, postponement of tariffs (allegedly influenced by a hedge fund...Continue Reading

PDVSA Revokes Authorization for Chevron to Export Venezuelan Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 11, 2025, 9:10 AM CDT Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from Venezuela this month, following...Continue Reading