By Editorial Dept – Oct 31, 2025, 2:32 PM CDT Big Oil Pumps the Brakes on Buybacks, Not BarrelsThe world’s leading oil companies are moving ahead with output expansions, brushing aside oversupply concerns on the heels of OPEC+ unwinding and largely disappointing Q3 earnings.France’s TotalEnergies kicked off the Q3 earnings call season, with adjusted net...Continue Reading

Oil Prices Unmoved by Trump-Xi Meeting | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Oct 31, 2025, 2:31 PM CDT The Trump-Xi meeting did not impact oil markets, with the upcoming OPEC+ meeting expected to be the next major market...Continue Reading

Exxon Crushes Q3 Forecasts on Record Guyana and Permian Output | 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 – Oct 31, 2025, 2:30 PM CDT Exxon Mobil (NYSE: XOM) topped Wall Street...Continue Reading

ExxonMobil Corp. has filed a lawsuit aimed at stopping California from enforcing two new climate-reporting laws, according to Yahoo/Bloomberg.  The company argues the state isn’t just demanding data — it’s trying to conscript corporations into a particular climate narrative. According to the complaint, the laws force the company to “publicly endorse opinions about climate change...Continue Reading

Chevron’s Hess Acquisition Boosts Q3 Output Beyond Expectations | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Oct 31, 2025, 1:30 PM CDT Chevron reported stronger-than-expected third-quarter results on Friday, supported by record oil and gas production following its roughly $53-billion...Continue Reading

Orban Seeks U.S. Exemption for Hungary on Russian Oil Sanctions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 31, 2025, 12:30 PM CDT Hungary’s Prime Minister Viktor Orban will seek to persuade U.S. President Donald Trump to carve out an exemption for Hungary in...Continue Reading

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. The total rig count in the US fell this week to 546, according to Baker Hughes, down 39 from this same time last year.  The number of...Continue Reading

Indian Refiner HPCL Says It Doesn’t Need Russian Crude | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 31, 2025, 11:30 AM CDT Russian crude has accounted for a very small portion of supply for Indian state-run refiner Hindustan Petroleum Corporation Limited (HPCL) as oil...Continue Reading

Colombia’s Oil Industry Faces an Existential Crisis | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 31, 2025, 11:00 AM CDT Colombia’s proven oil reserves have...Continue Reading

Shell to Sign Exclusive Oil Exploration Deal with Angola | 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 – Oct 31, 2025, 10:30 AM CDT One of Africa’s biggest oil producers, Angola,...Continue Reading