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 »
Oil prices recovered some of the losses this Thursday morning as President Trump said India vowed to halt purchases of Russian barrels soon, ING’s commodity experts Ewa Manthey and Warren Patterson note. Decline in distillate inventories provides mixed signals “India’s foreign ministry said it will diversify its sourcing while ensuring stable energy prices and secure
Oil: API reports a large build of Oil inventory – ING Read More »
Texas Tech, under Joey McGuire, is performing as if oil prices will never leave the $60-$70 range. The Red Raiders live their best lives, on and off the field. Ranked 7th in the AP Poll and 8th in the Coaches Poll, the Red Raiders are riding high. Despite all the success, the head honcho isn’t
Joey McGuire Lures Recruits With Tempting Message Owing to $28M Texas Tech Luxury Read More »
MANILA, Philippines — Oil companies will raise the cost of gasoline on Tuesday, October 13, but will lower the prices of kerosene.Shell, Cleanfuel, Seaoil and Petrogazz said that gasoline prices will go up by P0.30 per liter while diesel prices will not change.Meanwhile, the cost of kerosene will go down by P0.20 per liter.Oil-related developments
Prices of gasoline to go up, kerosene down this week Read More »
West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil’s worst single-day performance since June’s sharp pullback. Hopes for a cooling of tariffs between the US and China were swept off the table to end an otherwise unremarkable week, souring already-weak investor sentiment amidst an
WTI Crude Oil collapses below $60 after Trump reignites US-China trade war fears Read More »
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 »
