Germany Sees Slump in Wind and Solar Generation | 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 08, 2025, 8:30 AM CDT Germany’s wind and solar power output has slumped to the...Continue Reading

Oil prices rose by more than 1% early on Thursday as the market expects a U.S.-UK trade deal announcement later today and the start of U.S.-China ice-breaker talks later this week. As of 8:35 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 1.89% at $59.15. The international benchmark, Brent Crude, was...Continue Reading

Nigeria Sets Higher Oil Production Target | 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 08, 2025, 7:28 AM CDT Nigeria’s government has set a new, significantly higher, production target for the...Continue Reading

India Ramps Up U.S. Oil Imports Amid Tariff Discussions | 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 08, 2025, 6:26 AM CDT India has been importing a lot more U.S. crude...Continue Reading

StanChart: Oil Prices Headed Lower Before Slow Recovery | 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 07, 2025, 7:00 PM CDT OPEC+ is accelerating the reversal of its voluntary production cuts in June. Oil prices remain under...Continue Reading

Oil-Rich Alberta Could Vote to Separate from Canada | 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 07, 2025, 6:00 PM CDT Alberta’s Premier Danielle Smith has opened the door...Continue Reading

Southeast Asia Picks Gas Over Green Hype as Power Demand Surges | 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 07, 2025, 5:00 PM CDT Natural gas is gradually going to overtake...Continue Reading

The European Union is preparing to impose up to €100 billion ($113 billion) in tariffs on US goods if trade talks fail, according to a new report by Bloomberg this morning. The draft list of retaliatory measures will be circulated to member states as early as Wednesday, with a one-month consultation period before finalization. “These import taxes...Continue Reading

Orsted Warns Offshore Wind Continues To Face Challenges | 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 07, 2025, 3:00 PM CDT Orsted’s core earnings, or EBITDA excluding new partnerships...Continue Reading

Tesla’s China-made vehicle sales dropped sharply in April, bucking the trend of strong growth among major Chinese EV competitors, according to CNEVPOST. According to the China Passenger Car Association (CPCA), Tesla sold 58,459 vehicles last month (including exports), down 5.96% year-over-year and 25.84% from March’s 78,828 units. From January to April, Tesla China’s total sales fell...Continue Reading