By Alex Kimani – Mar 26, 2025, 7:00 PM CDT Oil prices rallied on Wednesday, with WTI crude climbing to near $70 per barrel. This week, U.S. President Donald Trump announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trade with the United States. The secondary […]
Oil Prices Gain On Venezuela Tariffs Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Mar 24, 2025, 2:46 AM CDT China’s state oil major Sinopec reported a net profit of almost $7 billion for 2024, which represented a 16.8% decline on the year, attributed to lower oil prices and electric cars. “In 2024, international crude
Sinopec Books Lower Profit for 2024 on Oil Price Slide 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 – Mar 18, 2025, 6:00 PM CDT The benchmark U.S. natural gas price at Henry Hub has more than doubled in one year. EIA: The
Price Rally Sets The Stage for U.S. Natural Gas Boom Read More »
The Indian Rupee edges lower in Tuesday’s early European session. Higher crude oil prices undermine the INR, but US Dollar sales from foreign banks might cap its downside. The Fed interest rate decision will take center stage on Wednesday. The Indian Rupee (INR) softens on Tuesday. A rise in crude oil prices amid the escalating
USD/INR trades with mild gains amid roiling geopolitical tensions Read More »
Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Mar 17, 2025, 7:00 PM CDT OPEC+ is increasing production despite economic risks. Saudi Arabia and OPEC+ are wary of
Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production 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 – Mar 17, 2025, 6:00 PM CDT Harold Hamm: would need an oil price of around $80 per barrel to cover the cost of drilling
Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil Read More »
The Canadian Dollar climbed 0.65% on Monday, supported by barrel bids. A general weakening in the US Dollar is further helping the Loonie. Canadian inflation data is due on Tuesday, expected to show another rise in inflation. The Canadian Dollar (CAD) lurched higher by around two-thirds of one percent on Monday, bolstered by a geopolitical
Canadian Dollar rebounds, bolstered by rise in Crude Oil prices Read More »
Brix Lelis – The Philippine Star March 18, 2025 | 12:00am This photo shows oil pumps in a gasoline station in Manila. Boy Santos MANILA, Philippines — Fuel prices are set to decline once again today, marking a third straight week of cuts for diesel and kerosene. Shell, Caltex and Seaoil will roll back diesel
Diesel prices down, no change for gas Read More »
Synopsis Analysts said moderation in valuations following recent corrections, along with supportive factors such as falling crude oil prices, an easing Dollar Index, and expectations of a rebound in domestic earnings in the coming quarters, may limit the volatility. Shutterstock.com Foreign portfolio investors turned net sellers at Rs 793 crore on Thursday. DIIs bought shares
Pre-market action: Here’s the trade setup for today’s session Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Mar 14, 2025, 2:10 PM CDT Shale titan Harold Hamm isn’t mincing words—if oil prices stay this low, drilling in some of America’s prized shale fields could
Harold Hamm Sounds the Alarm: Low Oil Prices Could Shut Down US Shale Read More »
