Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a softening economy and laying it at the feet of tariffs imposed by U.S. President Donald Trump. Published Nov 27, 2025 7 minute read Finance Minister Nate Horner. Photo by David Bloom /Postmedia, file Article content Oil prices are down, […]
According to data released by the China Association of Automobile Manufacturers, China’s new energy vehicle (NEV) market reached a major milestone in October, with NEV sales hitting 1.715 million units and accounting for 51.6% of total new car sales — surpassing gasoline vehicles for the first time. NEV production and sales in the month rose
China’s new energy vehicle sales surpass gasoline cars for the first time in October 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 – Nov 12, 2025, 7:00 PM CST Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has
Why Big Oil Is Still Gushing Profits Despite Low Oil Prices Read More »
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 »
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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
