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Oil Price Swings Challenge Big Oil Trading Profits

OilPrice

While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer clues about the trading divisions of Big Oil. The average oil price in Q2 was 10% below the average for the first quarter. trade policies.

Oil
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The Decline of Oil Power in Middle East Geopolitics

OilPrice

Despite expectations, the recent geopolitical turbulence in the Middle East—especially the events of October 7, 2023, and the escalation between Israel and Iran—did not deliver a severe blow to global energy markets. Compared to past regional crises or major global shocks like the Russia–Ukraine war, the impact was surprisingly muted.

Oil
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India's Reliance Warns Tariffs Threaten Oil Market Stability

OilPrice

Reliance Industries, the top private refiner in India, has warned in its annual report that tariff uncertainties and geopolitical events could affect global crude oil flows and oil market balances. Global crude oil prices continue to remain volatile on the back of dynamic interplay of…

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Iran Seizes Foreign Oil Tanker in Gulf of Oman

OilPrice

It remains important for energy traders to closely monitor the Strait of Hormuz and other key critical maritime chokepoints in the region (recall Red Sea events last week, given persistent geopolitical tensions involving Iran and Israel.

Oil
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India Launches Largest-Ever Offshore Exploration Tender

OilPrice

India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X.

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Argentina finally emerges as a South American oil powerhouse

Oil & Gas 360º

(Oil Price) – The discovery of the massive Vaca Muerta shale play was a game changer for the economically troubled South American nation of Argentina. The latest data from Argentina’s Ministry of Economy shows shale oil production hit an all-time high for June 2025, although overall petroleum output dipped lower. Source: U.S.

Oil
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OPEC+ set to implement major oil output increase for September: report

Oil & Gas 360º

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