Oil Markets Await Clear Signals From OPEC+ | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 9:30 AM CDT WTI futures ended Thursday’s session just below a $62.59 pivot, paring earlier gains as a late-week rally fizzled. Crude prices initially rose following a U.S. trade court ruling that overturned broad Trump-era tariffs, which...Continue Reading

Russia Moves to Steal Power From Europe’s Biggest Nuclear Plant | OilPrice.com Premium Content By Editorial Dept – May 30, 2025, 9:30 AM CDT Politics, Geopolitics & Conflict Ukraine is protesting Russia’s construction of power lines to the occupied Zaporizhzhia nuclear plant, a move Kyiv says solidifies annexation. The UN insists there’s no immediate nuclear...Continue Reading

By Editorial Dept – May 30, 2025, 9:30 AM CDT There was a time when Libya’s internal chaos lit up the radar in Washington, Moscow, Ankara, and Brussels. Not anymore. In 2025, the country is in the middle of an undeclared but escalating civil war, and no one with real leverage is rushing in to...Continue Reading

Supertanker With Russian Oil Anchored Near China Could Signal Weak Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 30, 2025, 9:15 AM CDT A supertanker carrying 2.1 million barrels of Russia’s Far Eastern ESPO crude grade has been anchored near China for days...Continue Reading

This weekend, OPEC+ may debate boosting oil production in July by more than the 411,000-bpd monthly hikes it has announced for May and June, sources with knowledge of the discussions at the production group told Reuters on Friday. For two months now, OPEC+ has been pursuing a policy to unwind the production cuts by monthly...Continue Reading

EU Set to Propose More Flexible 2040 Emissions Target | 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 30, 2025, 8:15 AM CDT The European Commission considers allowing European Union...Continue Reading

U.S. Ethane Exports Face Licensing Hurdles After China Lifts Tariffs | 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 30, 2025, 7:00 AM CDT China has waived a short-lived 125%...Continue Reading

India’s Eastern Diesel Exports Jump to 4-Year High | 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 30, 2025, 5:49 AM CDT India is exporting more diesel on the east...Continue Reading

Libya Arrests Three for Storming NOC Amid Threats to Oil Supply | 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 30, 2025, 4:45 AM CDT Libyan authorities have arrested three...Continue Reading

U.S. Sanction Threat Prompts Iran Tankers to Go Dark | 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 30, 2025, 3:37 AM CDT Tankers carrying Iranian crude to China are turning off...Continue Reading