By Irina Slav – May 16, 2025, 1:32 AM CDT Crude oil prices are on track for a weekly increase due to optimism surrounding a potential trade agreement between the United States and China. The International Energy Agency (IEA) has projected a slowdown in global oil demand growth for the remainder of the year, influenced […]
Oil Set For Weekly Gain on China Trade Deal Hope 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 15, 2025, 7:00 PM CDT A 90-day trade truce between the U.S. and China has sparked a surge in container bookings. Despite record wind and
China’s Trade Truce Sparks Coal Comeback, Rattles Climate Crowd Read More »
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Fuel price decrease still possible for June, despite recent uptick in oil prices Read More »
HONG KONG — Shares were mixed in Asia on Friday as investors pinned their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains. China reported that its exports rose at a faster-than-expected 8.1% annual pace in April, down from 12.4% the month before. Exports to the
Asian stocks are mixed after hopes for China-US talks, UK trade deal lift Wall Street Read More »
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WTI builds on this week’s bounce from a nearly one-month low amid US-China trade talks optimism. The fundamental backdrop warrants some caution before positioning for any further appreciation. Traders might also opt to wait on the sidelines ahead of the crucial FOMC policy decision later today. West Texas Intermediate (WTI) US Crude Oil prices gain
WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks Read More »
By Charles Kennedy – May 06, 2025, 3:00 PM CDT Kazakhstan’s oil firm KazMunayGas says it is fully prepared for oil price volatility. National oil fund revenues have dropped 43% year-on-year, and Kazakhstan may need to tap into the fund again by fall to cover government spending as lower oil prices offset higher output. The
Revenue Shock Looms for Kazakhstan Despite Strong Oil Output Read More »
Falling world oil prices reduce need for subsidies and will help cut B47-billion debt PUBLISHED : 6 May 2025 at 19:13 Listen to this article (Photo: Somchai Poomlard) The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil
Oil fund loss likely to evaporate in H2 Read More »
Article content Shares were mixed Tuesday in Asia after benchmarks fell on Wall Street, snapping a nine-day winning streak. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial Times,
Asian shares are mostly higher after Wall St breaks its winning streak 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 – May 05, 2025, 2:38 PM CDT US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind OPEC’s
Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia Read More »
