How Much Energy Does ChatGPT’s Newest Model Consume? | 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 – Aug 15, 2025, 6:00 PM CDT The energy consumption of...Continue Reading
An insurance association has urged its members to assess their exposure to Russian oil as the UK and EU prepare to update their oil price cap regimes. The oil price cap, introduced by the G7, EU, and Australia, aims to restrict Russia’s oil revenues by preventing Russian companies from selling oil above a specified threshold....Continue Reading
Tariffs and Energy Costs Could Spark an Economic Crisis for Germany | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 15, 2025, 2:00 PM CDT German industry is being hit hard by new US tariffs, high energy costs, and strict EU climate...Continue Reading
Venezuelan Crude Oil On Its Way to the US | 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 – Aug 15, 2025, 2:00 PM CDT Chevron has dispatched the first two Venezuelan crude...Continue Reading
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US stayed at 539, according to Baker Hughes, down 47 from this same time last year. The rig count...Continue Reading
One of Russia’s Largest Oil Refineries Halts Crude Intake | 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 – Aug 15, 2025, 11:30 AM CDT Ukraine’s drone campaign against Russian energy assets has...Continue Reading
UK Rejects Bioethanol Industry Bailout | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 15, 2025, 10:30 AM CDT The UK government has decided against bailing out the country’s bioethanol plants, which have warned they would be forced to close without a rescue package as...Continue Reading
Trump–Putin Meeting Keeps Oil Markets in Wait-and-See Mode | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 15, 2025, 10:00 AM CDT Oil markets have seen thin liquidity and rangebound prices this week, with...Continue Reading
Europe on Edge Ahead of Trump-Putin Meeting | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 15, 2025, 10:00 AM CDT Trump and Putin will meet...Continue Reading
Algeria Close to Signing Shale Gas Deals with Exxon and Chevron | 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 – Aug 15, 2025, 9:30 AM CDT Algeria nears the finalization of...Continue Reading
