OilPrice

JULY 14, 2025

The Kingdom, the world’s top crude oil exporter, wants to develop all forms of energy, diversify its economy from oil, and replace oil in power generation with renewables and natural gas. The Saudis are not abandoning their primary role in global oil production and supply. In one of the latest…

Oil

Oil & Gas 360º

JULY 21, 2025

The offshore oilfield holds more than 11 billion barrels of oil and is one of the fastest-growing oil production regions in the world. oil producer had originally targeted a mid-2024 close for the deal.

Casing

Oil & Gas 360º

AUGUST 5, 2025

Exxon Mobil and Chevron’s bumper oil and gas output in the second quarter served as a sobering reminder to their European rivals of the ferocious challenge the latter face in their attempts to close the production gap that has expanded in recent years. Shell aims to grow oil and gas production by 1% annually into 2030. Exxon pumped 4.63

Upstream

Oil & Gas 360º

JUNE 11, 2025

Commodity experts began warning last year that Saudi Arabia was willing to ditch its traditional role as OPEC’s swing producer by abandoning its unofficial price target of $100 a barrel in favor of increased output. Shale Patch requires WTI prices of $65 per barrel or more to drill profitably. million barrels in 2024.

Oil

Oil & Gas 360º

AUGUST 5, 2025

(Oil Price) – Over the past decade, scores of Big Oil companies have set up separate trading divisions that frequently rake in billions in profits that help pad their bottom lines whenever oil and gas prices fall. This left its traders with insufficient capital to leverage volatile oil markets. That said, U.S.-based

Oil

Valor

FEBRUARY 24, 2025

Brent crude fell 20 cents to $74.23 per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. and Russia prepare for peace talks on Ukraine, with potential impacts on oil sanctions and seaborne shipments. crude output to grow from 13.2 crude oil inventories increase by 4.6

Energy

Crude Oil Futures

MARCH 14, 2025

The International Energy Agency (IEA) has revised its 2025 crude oil demand forecast downward, presenting a challenging outlook for oil and gas investors amidst existing market pressures. This projection adds to the headwinds already impacting crude oil prices.

Crude Oil