China’s Clean Energy Boom Spells Trouble for Central Asia’s Gas Giants | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 08, 2025, 11:00 AM CDT China is rapidly...Continue Reading
Oil prices have risen by 3%, with Brent crude nearing $63 and WTI approaching $60, buoyed by optimism around upcoming U.S.-China trade negotiations. U.S. Treasury Secretary Scott Bessent is set to meet with China’s top economic official on May 10 in Switzerland to address the ongoing trade war that has been impacting global markets. According...Continue Reading
ConocoPhillips Beats Q1 Profit Estimates as Output Jumps | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 08, 2025, 10:30 AM CDT ConocoPhillips (NYSE: COP) reported on Thursday slightly better-than-expected earnings for the first quarter, as higher oil and gas production volumes more than offset...Continue Reading
Kazakhstan doesn’t have any plans to cut its crude and condensate production in May, its energy ministry said on Thursday, as the OPEC+ producer continues to give the group headaches with continuously busting its quota in the deal. Kazakhstan, one of the biggest overproducers under the agreement alongside OPEC’s second-largest producer, Iraq, plans to keep...Continue Reading
Russia Claims Active Talks With China on New Gas Pipeline Are Underway | 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 – May 08, 2025, 9:30 AM CDT Russia is in an...Continue Reading
The European Union member states are looking to include energy laws and regulations in wider efforts to cut bureaucracy aimed at boosting the bloc’s competitiveness, a draft document seen by Reuters showed on Thursday. Earlier this year, the European Commission proposed measures to cut red tape and simplify legislation for EU businesses and citizens. The...Continue Reading
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
