Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Oct 23, 2025, 6:30 AM CDT Updated: Oct 23, 2025, 6:30 AM CDT Oil prices skyrocketed in early Asian trading on Thursday after President Trump announced new sanctions on Russia’s two largest oil producers, Lukoil and Rosneft, marking the first Ukraine-related […]
Oil Prices Surge 6% as Trump Sanctions Russian Energy Giants Read More »
MOSCOW: US President Donald Trump hit Russia’s two biggest oil companies with sanctions in his latest sharp policy shift on Moscow’s war in Ukraine, prompting global oil prices to rise by 3 per cent on Thursday (Oct 23) and India to consider cutting Russian imports. The sanctions, unveiled by the US Treasury, target oil companies
Trump sanctions Russian oil majors, prompting oil price rise and India jitters Read More »
Oil drilling rigs Oil prices turned higher on Friday as concerns over weak global demand eased amid renewed trade tensions. Brent crude for December delivery rose 0.38% ($0.23) to $61.29 a barrel, while WTI crude for November delivery gained 0.14% ($0.08) to $57.54 a barrel. Despite the late rebound, both benchmarks recorded weekly losses of
Oil rebounds, records weekly loss Read More »
Thursday 16 October 2025 – 09:40am JOHANNESBURG – As we head into November, motorists may finally get some relief. The latest Central Energy Fund data shows a growing over-recovery, meaning pump prices could drop. Petrol’s over-recovery is between 57 to 61 cents per litre, with diesel around 25 cents. But it’s not guaranteed, as global
Fuel price drop likely in November Read More »
Global crude oil prices, tracked by Brent, have dropped more than 6% so far in October, deepening year-to-date decline to over 17% in 2025. The post Crude oil prices drop 6%, Brent struggles to hold $62 per barrel appeared first on Nairametrics… https://nairametrics.com/2025/10/14/crude-oil-prices-drop-6-brent-struggles-to-hold-62-per-barrel/
Crude oil prices drop 6%, Brent struggles to hold $62 per barrel Read More »
By my estimate, Ned Dunphy’s 2013 Viper could probably run a 6-second quarter mile at around 200 mph while pulling a trailer. Good luck finding a Y-rated trailer tire or a venue that would allow such a stunt, but I’m confident in that assessment based on two facts: 1) Sans trailer, Dunphy’s tube-frame race car
We Brought an EV to HOT ROD’s Gasoline-Drenched Quarter-Mile Gunfight Read More »
Oil drilling rigs Oil prices extended losses on Friday after falling about 1.6% in the previous session, as risk premiums in the market eased following a ceasefire agreement between Hamas and Israel. December Brent crude futures declined 0.45%, or 29 cents, to $64.93 per barrel as of 8:07 a.m. Makkah time, while November WTI crude
Brent crude falls below $65/barrel 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 Premium Content By Irina Slav – Oct 06, 2025, 7:00 PM CDT OPEC+ has agreed to modest monthly production boosts, keeping oil prices range-bound around $65 per barrel, which benefits consumer countries
Low Oil Prices: Saudi Gift to Trump or Ticking Bomb? Read More »
By Neil Crosby – Oct 06, 2025, 3:00 PM CDT Oil markets are split between paper and physical realities. Futures remain backwardated and strong on paper, while physical crude grades show clear signs of weakness. Refining capacity, not crude supply, is the key bottleneck. Oil markets are struggling to reconcile geopolitics with fundamentals as headlines
Why Oil Prices Look Strong on Paper but Soft in Reality Read More »
November WTI crude oil (CLX25) on Friday closed up +0.74 (+1.14%), and November RBOB gasoline (RBX25) closed up +0.0341 (+1.74%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1.75-month high. Concerns over crude supplies from Russia are boosting oil prices as President Trump presses countries to stop buying Russian crude
Crude Prices Climb on Russian Supply Concerns Read More »
