Houthi Attacks Trigger Unpaid-Debt Shutdown of Israel’s Eilat Port | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 18, 2025, 11:30 AM CDT Israel’s only Red Sea port at Eilat is on the verge of a full commercial halt as municipal authorities freeze the operator’s...Continue Reading
Mexico’s Water Crisis Could Undermine Its Clean Energy Plans | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jul 18, 2025, 11:00 AM CDT Mexico plans a...Continue Reading
NEOM’s Future Hangs in Balance as Riyadh Tightens Fiscal Belt | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 18, 2025, 10:30 AM CDT Saudi Arabia is reassessing the scope and timeline of its $500-billion NEOM initiative, according to Bloomberg and CNBC, with officials reportedly...Continue Reading
Oil Prices Climb After the EU Imposes New Sanctions on Russia | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jul 18, 2025, 9:41 AM CDT Oil prices moved higher on Friday morning after the EU agreed to an 18th package...Continue Reading
Why Isn’t Canada Cutting Oil Production? | OilPrice.com Premium Content By Editorial Dept – Jul 18, 2025, 9:41 AM CDT Why Isn’t Canada Cutting Oil Production? Canada’s oil sands giants, Suncor and Imperial Oil, have become North America’s lowest-cost producers, a key transformation in the upstream landscape as shale producers struggle to break even with...Continue Reading
Oil Prices Slide Under Trade and Inventory Pressures | OilPrice.com Premium Content By Editorial Dept – Jul 18, 2025, 9:30 AM CDT WTI crude oil traded between a high of $68.34 and low of $64.11 before reaching $66.28 as of Thursday’s close, down $0.86 or -1.28%. The price action reflected competing fundamental forces: escalating geopolitical...Continue Reading
Why Trump Reversed His Stance on Russia | OilPrice.com Premium Content By Editorial Dept – Jul 18, 2025, 9:30 AM CDT Politics, Geopolitics & Conflict Trump’s sudden reversal on Russia (shifting from passive tolerance to a 50-day ultimatum backed by tariff threats and conditional arms for Ukraine) is not rooted in strategy or ideology. It’s...Continue Reading
By Editorial Dept – Jul 18, 2025, 9:30 AM CDT Israeli airstrikes in Syria this week have been publicly framed as a response to threats against the Druze community after massacres of Druze that are being traced back to the new Syrian leadership in Damascus. The actual agenda is a bit more complicated. Western media...Continue Reading
Oil Prices Climb as EU Sanctions Target Russian Trade | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 18, 2025, 9:30 AM CDT Oil prices rose on Friday after the EU adopted its 18th sanctions package against Russia, lowering the price cap, targeting Russian oil...Continue Reading
EU Lowers Russian Oil Cap to $47.60 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jul 18, 2025, 9:00 AM CDT The European Union has approved a new sanctions package on Russia and Belarus, including a significant reduction in the...Continue Reading