What’s Next for Carbon Capture Technology? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 07, 2025, 1:00 PM CST CCS projects are receiving significant investments, but...Continue Reading

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same...Continue Reading

Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall | 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 – Mar 07, 2025, 11:30 AM CST Oil prices took a hit this week,...Continue Reading

Shell Boosts Deepwater Oil Production Offshore Malaysia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 07, 2025, 10:30 AM CST Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday...Continue Reading

Oil Prices Begin to Recover After a Turbulent Week | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Mar 07, 2025, 10:00 AM CST After what has been a rollercoaster of a week for oil markets, oil prices started to recover...Continue Reading

Indian Refiner BPCL Seeks to Buy U.S. WTI Oil in Four Consecutive Months | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 07, 2025, 9:30 AM CST India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a tender to buy U.S. WTI crude...Continue Reading

Saudi Arabia just dialed back its crude prices for Asia, according to Aramco’s just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramco’s April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. That’s after last month’s price spike,...Continue Reading

Trump Delays Tariffs Yet Again | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:46 AM CST US Tariffs on Canada and Mexico See Another Delay – Less than four days after US President Trump imposed tariffs on Canada and Mexico, the White House has made a 180-degree turn again and repealed most...Continue Reading

Trade War Uncertainty Keeps Oil Traders on Edge | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:30 AM CST Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC+ supply hikes, trade war escalations, and weak demand indicators has kept oil bulls...Continue Reading

U.S. Mulls New Plan to Hinder Iran’s Oil Exports | OilPrice.com Premium Content By Editorial Dept – Mar 07, 2025, 8:30 AM CST Politics, Geopolitics & Conflict Syria remains fragile. Now that the dust has settled, various armed groups (including Assad regime loyalists) have risen from the ashes after regrouping. For now, these are fairly...Continue Reading