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 – Oct 21, 2025, 5:00 PM CDT Since March, China has been adding close to 1 million barrels per day to its reserves. A new […]
China’s Crude Oil Stockpiling Baffles Markets 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 – Oct 21, 2025, 4:05 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.980 million barrels in the
API Surprise: Crude Oil, Gasoline Inventories Fall Read More »
USD/CAD loses ground for the second successful session, trading around 1.4010 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) struggles due to the ongoing US federal government shutdown. Traders will likely observe the Bank of Canada (BoC) Business Outlook Survey later in the day. The US government shutdown has
USD/CAD edges lower to near 1.4000 despite weaker Oil prices Read More »
October 20, 2025 | 10:38am Undated photo shows a motorist paying for gas at a station in Marikina City. The Philippine STAR / Walter Bollozos MANILA, Philippines — After nearly two months of consecutive hikes, diesel prices will drop by P0.70 per liter starting Tuesday, October 21. Kerosene prices are also set to decrease, while
Diesel prices to drop P0.70 per liter, ending 2-month hike streak Read More »
Gasoline and diesel prices in Egypt saw a significant new increase on Friday. The price of all grades of gasoline rose by approximately 20 percent to 25 percent, which translates to an increase of between LE 2 and LE 3 per liter. Similarly, diesel is also expected to see a rise, projected to be between
Egypt hikes fuel prices: Gasoline up 20-25% on Friday Read More »
By Tom Kool – Oct 15, 2025, 2:00 PM CDT Oil prices extended losses on Wednesday as rising OPEC+ supply and escalating U.S.-China trade tensions deepened concerns over global demand, prompting Bank of America to warn that Brent crude could drop below $50 per barrel in the months ahead. In midday trading at 1:13p.m. ET
Crude Oil Could Fall Below $50, BofA Warns Read More »
News Gregory Mc Burnie 3 Hrs Ago Finance Minister Dave Tancoo delivers the 2025-2026 national budget on October 13 in the House of Representatives. PHOTO COURTESY OFFICE OF THE PARLIAMENT – The government is expected to spend nearly $60 billion in the next fiscal year. Finance Minister Davendranath Tancoo announced a planned expenditure of $59.232
Tancoo reveals $59b budget, $3.8b deficit Read More »
By Julianne Geiger – Oct 11, 2025, 4:00 PM CDT ExxonMobil has restarted the gasoline-producing fluid catalytic cracking unit (FCCU) at its massive Beaumont, Texas, refinery, two days after an unexpected shutdown temporarily disrupted operations, according to sources familiar with the plant. The 120,000-barrel-per-day FCCU went offline Tuesday night following a malfunction, prompting flaring visible
Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage 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 – Oct 03, 2025, 1:11 AM CDT Crude oil prices were on course to book their steepest decline in four months following reports that OPEC+ was about to extend
Oil Prices Set for Sharpest Weekly Decline Since June Ahead of OPEC+ Meeting Read More »
On October 3, 2025, 5:45 AM Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as oil prices have remained depressed. According to data from the Energy Information Administration (EIA), U.S. crude oil production hit an all-time high of 13.58 million barrels per day (mb/d) in June 2025, exceeding
Global crude exports set to hit all-time high in October Read More »
