Petrobras Gears Up for Offshore Boom | 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 – Feb 28, 2025, 11:30 AM CST Petrobras is beefing up its offshore game, throwing four more support...Continue Reading
Oil prices fell by 1% early on Friday as tariff risks and concerns about economic slowdown outweighed sanction risks from the increased U.S. pressure on Iran and Venezuela. As of 10:12 a.m. ET on Friday, the front-month futures of the U.S. benchmark, WTI Crude, were trading down by 1.56% at $69.23. The international benchmark, Brent...Continue Reading
Russia Pushes for Sanctions Relief as Shadow Fleet Comes Under Fire | 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 – Feb 28, 2025, 10:30 AM CST Russia is lobbying hard for the...Continue Reading
Italy’s government on Friday approved a proposal to begin drafting a series of laws that would ultimately lead to Italy’s return to nuclear power generation after more than four decades. Italy halted nuclear reactors after a referendum in 1987 following the Chernobyl disaster a year earlier. In 2011, Italians rejected again the use of nuclear...Continue Reading
Equinor Discusses Sale of Argentinian Shale Assets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 28, 2025, 9:30 AM CST Norway’s energy major Equinor has held early talks to sell stakes in Argentinian shale operations to Argentina’s state-owned oil firm YPF, its joint venture...Continue Reading
The Prospect of Rising Supply Puts Oil Prices Under Pressure | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Feb 28, 2025, 9:00 AM CST Oil prices remained under pressure on Friday morning, with markets focused on the potential of new...Continue Reading
China’s Solar Boom Is Slowing Down | OilPrice.com Premium Content By Editorial Dept – Feb 28, 2025, 8:30 AM CST Trump Cancels Venezuela Waiver, Adding to Chevron’s Headache – US President Donald Trump has now turned to restrict Venezuela’s oil industry, reversing a 2022 general license that allowed Chevron to boost its production in the...Continue Reading
Oil Caught Between Tariff Threats And Supply Constraints | OilPrice.com Premium Content By Editorial Dept – Feb 28, 2025, 8:30 AM CST Crude oil futures have remained largely stable this week, with prices hovering around the $70 per barrel mark. The market is currently responding to a mix of fundamental drivers, including geopolitical developments, shifts...Continue Reading
Sudan Faces Another Partition as Its Civil War Escalates | OilPrice.com Premium Content By Editorial Dept – Feb 28, 2025, 8:30 AM CST Politics, Geopolitics & Conflict The civil war in Sudan has escalated significantly this week, as arms continue to flow from external actors to feed the intensification. Talk is now of another partition–a...Continue Reading
Here’s How to Play the Next Sharp Move in Natural Gas | OilPrice.com Premium Content By Editorial Dept – Feb 28, 2025, 8:30 AM CST It has been a while since I wrote anything about natural gas. In fact, looking back, the last time I gave an opinion on natural gas futures (NG) was at...Continue Reading