By Tsvetana Paraskova – Feb 11, 2026, 7:00 AM CST Fourth-quarter earnings at French supermajor TotalEnergies ( NYSE: TTE ) fell by 13% from a year earlier as higher upstream production and improved refining margins couldn’t offset the decline in oil prices. TotalEnergies on Wednesday reported an adjusted net income of $3.84 billion for the […]
TotalEnergies Q4 Profit Slips on Lower Oil Prices Read More »
USD/CAD moves little after registering modest losses in the previous session, trading around 1.3640 during the Asian hours on Wednesday. The pair inches higher as the commodity-linked Canadian Dollar (CAD) struggles amid lower Oil prices, reflecting Canada’s role as the largest crude exporter to the United States (US). West Texas Intermediate (WTI) Oil price trades
USD/CAD holds ground near 1.3650 as Oil prices decline Read More »
By Tsvetana Paraskova – Feb 03, 2026, 5:00 PM CST Lower oil prices are squeezing Big Oil earnings, with crude around $60 per barrel undermining the sustainability of shareholder returns. European oil firms are likely to cut share buybacks by 10–25%, analysts say, as companies such as BP, Shell, TotalEnergies, Equinor, and Eni face weaker
$60 Oil Forces Europe’s Energy Giants to Rethink Buybacks Read More »
The pump price of Premium Motor Spirit (petrol) could rise to as much as N1,000 per litre in the coming days following a fresh increase in crude oil prices on the global market. Petroleum marketers said the recent jump in international crude prices above $70 per barrel may lead to another round of price adjustments
Why petrol price may climb to N1,000/litre soon Read More »
Riyadh Mohammed Over the past 20 years, Trinidad and Tobago’s agriculture sector has stagnated and declined, with its GDP contribution falling below 1 per cent in recent years as the energy sector has taken centre stage. In the midst of declining oil prices in 2015, the Government pushed for diversification, but problems including low production,
Accessing agricultural finance and insurance in TT Read More »
By Irina Slav – Jan 17, 2026, 6:00 PM CST Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control. Rising inventories, sanctioned crude weighing on tanker data, and new Venezuelan barrels reinforce oversupply fears. Geopolitical risks still lurk, from Iranian unrest to drone attacks near key export routes, but so
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil Read More »
The US Energy Information Administration forecasts US Crude production to remain near 13.6 million bpd in 2026, with a gradual decline next year due to weaker drilling activity amid low Oil prices. While oversupply persists at roughly 2.8 million bpd this year, rising demand and falling US output are expected to gradually reduce the global
US Crude output to decline as prices remain soft – Commerzbank Read More »
Kenyan motorists and households will enjoy slight relief at the pump after the Energy and Petroleum Regulatory Authority (EPRA) announced a reduction in fuel prices in its latest monthly review. EPRA said it has lowered the price of super petrol by Ksh2 per litre, while diesel and kerosene have each dropped by Ksh1 per litre,
Petrol, Diesel and Kerosene Prices Drop in EPRA’s Latest Review Read More »
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — Wall Street pulled back from its records on Tuesday following a mixed start to the latest profit reporting season for big U.S. companies. The S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average dropped 398
Tokyo shares jump to new record following Wall Street rally Read More »
By Alex Kimani – Jan 12, 2026, 6:00 PM CST Global upstream investment is set to fall again in 2026, but the Middle East and North Africa are expected to add around 20 billion boe through new licensing rounds and contract awards. Libya, Iraq, Kuwait, Oman, and Syria are reopening or expanding upstream opportunities. Middle
Where The Middle East’s Next 20 Billion Barrels Are Coming From Read More »
