Analysts say there is still hope for Nigeria’s fiscal balance in 2025 with oil prices increasing as markets and investors reacted positively to the US and China agreement to talk this weekend about retaliatory tariffs, while forecasts show a decline in US crude inventories. The United States and China are set to hold high-level discussions […]
Hope as oil prices rise ahead US /China trade talk 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 – May 01, 2025, 7:00 PM CDT Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil. Forecasts
Oil Price Rout Is Good News for Importers Read More »
Thursday 01 May 2025 4:42 pm Oil prices fell significantly in April, hitting energy investment funds. Energy funds suffered deeply during April as an expected slowdown in global growth caused oil prices to tank throughout the month. Five energy funds featured in the bottom 10 performing investment funds, alongside two resource funds, with Guinness Global
Investment funds in April: Energy plummets while property soars Read More »
David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Apr 30, 2025, 5:00 PM CDT Noble Corp announced a substantial increase in its backlog to $7.5 billion, driven by
Deepwater Market Outlook Improves with Noble Corp Report Read More »
By Alex Kimani – Apr 29, 2025, 7:00 PM CDT Amid falling oil prices, Canadian energy producers are increasingly focusing on natural gas. The delayed LNG Canada project is nearing launch and is expected to raise Alberta gas prices by redirecting supply from the U.S. to Asia. Producers are also targeting condensates in the Montney
Canada’s Energy Players Boost Gas Business Amid Oil Price Rout Read More »
Oil drilling rigs Oil prices settled higher on Friday but recorded a weekly loss amid uncertainty surrounding trade negotiations between the US and China and the potential for increased supplies from OPEC+. Brent crude futures for June delivery gained 0.48%, or 32 cents, to settle at $66.87 a barrel, trimming their weekly losses to 1.6%.
Oil rises, posts weekly loss 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 – Apr 21, 2025, 3:45 AM CDT Crude oil prices began trade this week with a decline amid diminished hopes for a quick end to the war in the
Oil Prices Begin the Week With a Dip 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 – Apr 21, 2025, 2:46 AM CDT Russia’s Economy Ministry has lowered its forecast for oil prices this year in an update for its baseline scenario, reflecting the latest
Russia’s Economy Ministry Lowers 2025 Oil Price Forecast Read More »
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian oil blends from an early April dip. The post Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 appeared first on Nairametrics… https://nairametrics.com/2025/04/20/brent-and-nigerian-oil-blends-stage-recovery-above-65-per-barrel-eye-70/
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 Read More »
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut in July. The commodity-linked CAD may find support from stronger crude Oil prices. USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity
USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices Read More »
