Liquefied natural gas (LNG) exports out of Russia fell by 3% in January through May from a year earlier, amid tighter EU restrictions on transshipment and U.S. sanctions on a new LNG project that can’t find buyers yet. Russia’s LNG shipments dipped by 3% year-over-year to 13.2 million tons in the first five months of...Continue Reading

The OPEC+ Nations That Were Reluctant to Boost Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2025, 9:30 AM CDT Unlike Russia and Oman, Algeria wasn’t initially in favor of a pause in the OPEC+ oil production increases at this weekend’s meeting,...Continue Reading

The Geopolitical Risk Premium Is Here to Stay | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 03, 2025, 9:00 AM CDT While oil prices spiked due to a combination of OPEC+ underwhelming markets and wildfires in Canada, a rising...Continue Reading

Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal | 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 – Jun 03, 2025, 8:30 AM CDT Viper Energy, a subsidiary of Diamondback...Continue Reading

Crude Processing At One of Europe’s Top Refineries Goes Offline | 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 – Jun 03, 2025, 7:30 AM CDT BP’s refinery in Rotterdam had both...Continue Reading

Tight Fuel Markets Boost Profits for Oil Refiners | 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 – Jun 03, 2025, 6:39 AM CDT Global refining margins surged in May to the...Continue Reading

Brazil Looking for $6.2 Billion From Its Oil Industry | 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 – Jun 03, 2025, 6:37 AM CDT Brazil’s government is looking to extract some $6.2 billion...Continue Reading

Oil Prices Extend Gains on Supply Worry | 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 – Jun 03, 2025, 2:21 AM CDT Crude oil prices extended their climb that began Monday as concerns...Continue Reading

Maintenance Season Causes Dip in U.S. LNG Exports | 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 – Jun 03, 2025, 1:06 AM CDT Maintenance season for liquefied natural gas plants in the United...Continue Reading

Geopolitics Just Slapped the Oil Market Awake | 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 – Jun 02, 2025, 7:00 PM CDT Oil prices rose after OPEC+ announced a modest 411,000 bpd output...Continue Reading