UK Carbon Taxes Threaten Industry Investment Says INEOS Founder | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 29, 2025, 12:00 PM CDT Sir Jim Ratcliffe...Continue Reading
Oil’s Forward Curve Flashes a Rare, Wobbly Smile | 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 – Apr 29, 2025, 11:30 AM CDT If oil had a face right now, it would...Continue Reading
Global stocks were steady overnight, with U.S. equity futures marginally higher, as sentiment improved following reports that President Trump plans to ease tariffs on foreign auto parts used in U.S.-made vehicles. The news comes as Trump marks his first 100 days in office, ahead of a rally in Michigan scheduled for this evening. The Wall...Continue Reading
Scotland’s Sole Oil Refinery Shuts Down for Good | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2025, 10:30 AM CDT The only refinery in Scotland has stopped processing crude oil after 100 years of operation, as planned by its owners who announced the...Continue Reading
Lower Oil Prices Drag China’s CNOOC Profit Down Despite Higher Output | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2025, 10:30 AM CDT Chinese state-held oil and gas giant CNOOC booked lower net profit for the first quarter of 2025 as lower oil...Continue Reading
It looks like the post-COVID commodity party is over – with the World Bank predicting a rather bleak end. In its latest report, the bank predicts that global commodity prices will plunge 12% in 2025 and another 5% in 2026, dragging them all the way back to their pre-pandemic levels. The World Bank expects energy...Continue Reading
India Boosts U.S. Oil Imports Ahead of Tariff Talks | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2025, 9:08 AM CDT India is ramping up purchases and imports of crude oil from the United States ahead of crucial talks on the U.S. tariffs...Continue Reading
Oil Prices Drop as Supply Concerns Continue | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Apr 29, 2025, 9:05 AM CDT Oil prices are once again under pressure as supply concerns continue unabated, with a scarcity of bullish catalysts to...Continue Reading
Vattenfall: Tariffs Could Dampen Europe’s Power Demand | 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 – Apr 29, 2025, 8:15 AM CDT The tariff threats could reduce electricity demand in Europe...Continue Reading
PetroChina Q1 Profit Rises, Bucking the Trend of Chinese Oil Majors | 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 – Apr 29, 2025, 7:03 AM CDT PetroChina, the largest oil and...Continue Reading