Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Sep 17, 2025, 12:38 AM CDT Crude oil prices held on to gains made earlier in the week today, as traders awaited the U.S. Federal Reserve’s latest interest […]
Oil Prices Steady as Traders Await Fed Rate Cut Decision Read More »
When President Donald Trump took office, he promised to “unleash American energy” — and quickly left no doubt that he meant fossil fuel energy in particular. In the months since, he has opened up vast stretches of public lands and U.S. oceans for drilling and reduced the royalty rates that companies must pay for extracting
How low oil prices turned Trump’s call to ‘drill, baby, drill’ into a pipe dream Read More »
By Julianne Geiger – Sep 05, 2025, 12:13 PM CDT The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 537, according to Baker Hughes, down 45 from
Oil Rig Count Rises Amid Slide in Oil Prices Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 29, 2025, 10:00 AM CDT Oil prices fell on Friday due to expectations of lower demand in the U.S. Friday, August 29, 2025 Oil prices are headed
Oil Set For Another Weekly Gain Read More »
Oil drilling rigs Oil prices held firm on Friday after rising by more than 1% on Aug. 21, and are on track to end two-week losses as hopes for an immediate peace deal between Russia and Ukraine receded. Brent crude futures for October delivery were unchanged at $67.64 a barrel as of 07:56 am KSA
Oil prices flat but set for weekly rise Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Aug 20, 2025, 8:00 PM CDT Brent swung between $65–$67/bbl as Trump–Putin–Zelenskyy diplomacy lifted odds of sanction relief. Russia is already near capacity, leaving little spare to flood markets. Lifting the price
StanChart: Limited Russian Supply Cushion Even if Sanctions Ease Read More »
Updated 18 August 2025 at 14:58 IST * US adviser says if India wants to be a US strategic partner, it has to act like one * Trump-Putin meeting yielded no deal on Ukraine war * Outline emerges of Putin’s offer to end his Ukraine war * Follow : Oil | Image: Republic US
UPDATE 3-Oil prices climb after US adviser says India’s Russian crude buying has to stop Read More »
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.81 per barrel, up from Friday’s close at $62.72. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.86. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on
Crude Oil price today: WTI price bullish at European opening Read More »
Oil drilling rigs Oil prices ended Friday up but posted a weekly loss amid uncertainty over the global economic outlook following the implementation of new U.S. tariffs and as markets awaited a potential meeting between the US and Russian presidents. Brent crude futures for October delivery increased by 0.24%, or $0.16, to $66.59 a barrel,
Brent closes higher, loses over 4% this week Read More »
Oil continues to be a major contributor to the economies of many African countries, playing a crucial role in their economic stability and growth. In 2025, the African oil market remains dynamic, with some countries showing impressive production figures. As oil prices and demand fluctuate, these nations continue to lead in production, providing valuable insights
Top 5 African Countries Leading Oil Production in 2025 Read More »
