Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends to Dry Up as Sub-$70 Crude Squeezes Supermajors – Amidst fears of oversupply and tariff-impacted demand slowdown, global oil majors are widely expected to start cutting their shareholder payouts as sub-70 oil prices loom large over the […]
Oil majors brace for dividend drought as sub-$70 crude bites Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Oct 07, 2025, 7:00 PM CDT OPEC+ spare capacity is shrinking fast, with only Saudi Arabia, the UAE, and Iraq holding meaningful extra production
OPEC+ Nears Its Limit, Leaving Prices One Crisis Away from a Spike Read More »
An attendant counts money after filling up a motorcycle with gasoline at a petrol station in Manila on March 15, 2022. AFP / Ted Aljibe MANILA, Philippines — Motorists should brace for a nearly P1 per liter price hike for diesel starting Tuesday, October 7, marking the seventh consecutive week of increases for diesel and
Fuel prices rise for 7th straight week Read More »
The benchmark indices, Nifty 50 and Sensex, closed the week higher, lifted by the Reserve Bank of India’s accommodative policy stance, cooling crude oil prices, and improved sentiment in the broader market. The Nifty 50 gained almost 1%, rising 239.55 points to end at 24,894.25, while the Nifty Bank surged 2.21%, or 1,199.90 points, to
From Q2 earnings to FII movements: 8 key drivers likely to impact D-Street this week Read More »
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 By Julianne Geiger – Oct 03, 2025, 1:00 PM CDT Saudi Arabia’s grand Vision 2030 ambitions may be colliding with a colder fiscal reality. Fitch Ratings warned Friday that Riyadh faces
Saudi Arabia’s Spending Spree Meets Oil Price Reality Read More »
Oil drilling rigs Oil prices declined on Friday as markets assessed slowing refinery activity due to maintenance and the expected seasonal drop in demand in the coming months. Brent crude (December delivery) fell 0.6% or 40 cents to $64.51 per barrel as of 8:02 a.m. Makkah time. WTI crude (November delivery) slipped 0.65% or 38
Oil prices fall, set for deepest weekly loss in 4 months Read More »
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — U.S. stocks coasted to the finish of their latest winning month on Tuesday, as Wall Street yawned at the potential shutdown of the U.S. federal government that’s looming. The S&P 500 rose 0.4% to close out its fifth straight winning month after setting
Asian stocks are little changed as possible US government shutdown looms 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 – 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 »
