Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jul 28, 2025, 11:22 PM CDT Oil prices were holding relatively steady early on Tuesday morning following a sharp rally on Monday driven by mounting geopolitical tensions and supportive trade developments. At the time of writing, WTI Crude was trading at […]
Oil Prices Hold Steady After Monday’s Rally Read More »
Synopsis Oil prices rose due to optimism surrounding a U.S.-EU trade agreement, potential U.S.-China tariff truce, and a shorter deadline from President Trump for Russia to resolve the Ukraine war. The U.S.-EU deal averted a major trade war, while U.S. and China are continuing trade discussions. Agencies Oil prices increased on Tuesday. This rise is
Oil climbs on EU trade deal, potential US-China tariff truce extension Read More »
Oil traders widely expect the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to approve another significant oil production increase this weekend, likely completing the revival of its previously suspended output. The post OPEC+ plans new supply surge as Nigeria braces for oil price… https://nairametrics.com/2025/07/28/opec-plans-new-supply-surge-as-nigeria-braces-for-oil-price-revenue-volatility/
OPEC+ plans new supply surge as Nigeria braces for oil price, revenue volatility Read More »
Sun King, the Kenyan pay-as-you-go off-grid solar energy firm, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable solar across Kenya. The firm says the funds will enable it to serve an estimated 1.4 million low-income households and businesses to get off kerosene and diesel to access electricity for the first
Sun King Closes $156M to Deliver Solar for Over a Million Kenyans Read More »
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Oil prices climb on US trade optimism, drop in crude stockpiles Read More »
August WTI crude oil (CLQ25) on Tuesday closed down -0.99 (-1.47%), and August RBOB gasoline (RBQ25) closed down -0.0300 (-1.41%). Crude oil and gasoline retreated for a second session Tuesday, with gasoline dropping to a 2-week low. Crude oil prices are being undercut by concern that President Trump’s tariff policies will lead to slower global
Crude Oil Price Fall on Concern About Energy Demand Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jul 22, 2025, 10:24 PM CDT Oil prices edged higher in Asian trading hours on Wednesday, buoyed by growing optimism that a new U.S.-Japan trade pact could reinvigorate global economic momentum and spur energy demand. The gains were further underpinned by
U.S.-Japan Trade Deal Boosts Oil Prices Read More »
Oil drilling rigs Oil prices rose on Friday, driven by seasonal travel demand, as markets assessed the potential impact of drone attacks on oil fields in northern Iraq on supply. Brent crude futures for September delivery climbed 0.45%, or 30 cents, to $69.82 a barrel as of 08:00 am KSA time. WTI crude futures for
Oil prices rise on seasonal demand for travel Read More »
The European Union has approved its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago, including a key price cap on Russian oil exports. “We are striking at the heart of Russia’s war machine. Targeting its banking, energy and military-industrial sectors and including a new dynamic oil price
EU Approves New Russia Sanctions Package Including Key Oil Price Cap Read More »
The aviation industry should stop branding all alternatives to traditional kerosene as “sustainable” or risk facing lawsuits, a climate nonprofit has warned, as concern grows about fraud in the production of sustainable aviation fuel (SAF). Consumer protection laws and anti-greenwashing regulations across Europe could expose the industry to legal challenges if it misleads the public
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns Read More »
