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Oil tumbles as OPEC+ hikes August output more than expected Read More »
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Canada Warms Up to Fossil Fuels With New LNG Export Terminal Read More »
WTI Crude Oil remains under pressure near mid-$65s amid thin holiday trading and a lack of fresh catalysts. Traders remain cautious ahead of the July 5 OPEC+ meeting and the July 9 deadline for potential US tariff action. OPEC+ is expected to approve a third consecutive supply increase for August, though actual output remains below
WTI Crude Oil consolidates near key support, OPEC+ decision looms Read More »
kbdmwjo0{6x8lhoe10uw{kbb_media_dl_1.png Bloomberg Article content (Bloomberg) — The worst may be over for the Philippine peso as falling oil prices boost the outlook for an economy that’s heavily reliant on oil imports. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara
Beaten Up Philippine Peso Set for Reprieve as Crude Retreats Read More »
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a
USD/INR dips as Rupee rises on FII flows, softer Oil prices and mixed US macro data Read More »
MANILA, Philippines — Fuel prices are estimated to roll back next week after Israel and Iran agreed to a ceasefire, local oil industry sources said on Friday. They projected that gasoline prices may decrease between P1.and P1.40 per liter, diesel between P1.60 and P2.10 per liter, kerosene between P2 and P2.20 per liter. These estimates
Fuel prices expected to roll back next week after Israel-Iran ceasefire Read More »
As the world watches the US–Iran situation with concern, the ripple effect from these events are reaching global oil supply chains – and exposing their fragility. If Iran closes the Strait of Hormuz as it is considering, it would restrict the global oil trade and trigger energy chaos. Petrol in some Australian cities could hit
Galactic Energy, a Chinese private space launch enterprise, announced that it has carried out a successful test run of its self-developed Welkin 50-ton reusable liquid oxygen/kerosene engine. Galactic Energy, a Chinese private space launch enterprise, announced on Tuesday that it has carried out a successful test run of its self-developed Welkin 50-ton reusable liquid oxygen/kerosene
Private Chinese Aerospace Firm Galactic Energy Completes Rocket Engine Test Read More »
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 – Jun 24, 2025, 1:32 AM CDT Crude oil prices slumped today, following a social media statement by President Trump saying that the Iran-Israel ceasefire is now in effect,
Oil Prices Tumble on Iran-Israel Ceasefire Read More »
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Hibiscus, Dialog to benefit from oil price spike, but gains may not last Read More »
