Oil drilling rigs Oil prices climbed on Friday, heading for their second consecutive weekly loss, as markets assessed concerns over oversupply and slowing demand. Brent crude futures for January 2026 delivery rose 0.65%, or 40 cents, to $63.79 per barrel as of 09:04 a.m. Makkah time. WTI (Nymex) crude futures for December delivery gained 0.65%, […]
Oil prices rise, head for weekly losses 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 – Nov 03, 2025, 3:00 AM CST Morgan Stanley raised its price forecast for Brent crude for 2026 to $60 per barrel from $57.50 following OPEC+’s decision to pause
Morgan Stanley First to Revise Oil Price Forecast After OPEC+ Update Read More »
Please enable JS and disable any ad blocker https://www.nytimes.com/2025/10/31/business/energy-environment/exxon-mobil-chevron-earnings.html
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low 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 – Oct 30, 2025, 3:00 PM CDT Saudi Arabia and UAE are racing to dominate the Middle East’s AI landscape. The Gulf States are pouring tens of billions into data centers, cloud infrastructure,
Saudi Arabia, UAE Pour Over $130 B Into AI To Offset Oil Price Risks Read More »
By Julianne Geiger – Oct 24, 2025, 12:09 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 this week to 550, according to Baker Hughes, down
Oil Rig Count Incher Higher Amid Oil Price Rally Read More »
USD/CAD appreciates after registering little gains in the previous session, trading around 1.4020 during the Asian hours on Friday. The pair advances as the US Dollar (USD) gains ground, as traders adopt a cautious stance before September’s US inflation data, due later in the day, amid the ongoing government shutdown and resulting data blackout. The
USD/CAD gains above 1.4000 due to increased risk aversion, weaker Oil prices Read More »
WASHINGTON — WASHINGTON (AP) — Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine. U.S. benchmark crude jumped 5.6% to $61.79 per barrel and analysts say if the situation
Oil prices are on the rebound as falling oil rig counts and violence in Libya helped further stall a selloff that began in June 2014 Oil soared after the US announced sanctions on Russia’s biggest oil companies, threatening supplies from one of the world’s top producing countries. Brent futures rose $2.91, or 4.7%, to $65.50
Oil prices surge 5% as US hits Russian firms Rosneft, Lukoil with sanctions Read More »
Synopsis Asian markets opened lower after a volatile session on Wall Street. Japan and South Korea saw significant drops. Tech stocks faced pressure from company outlooks and earnings. Trade tensions between the US and China resurfaced. Oil prices jumped on new US sanctions. Retail momentum trades experienced sharp losses. US companies are showing strong earnings
Asian stocks decline following choppy US session Read More »
Court filings show the administration is pushing to eliminate jobs at several wildlife and conservation departments. Geese fly over the Tule Lake National Wildlife Refuge on October 2, 2024 in Tulelake, California. An avian botulism outbreak at the Tule Lake National Wildlife Refuge at that time had killed over 90,000 ducks and waterfowl since late
Trump Plot Amid Shutdown Will “Throw Gasoline” on Extinction Crisis, Critics Say Read More »
