Author name: Siim

WTI holds gains near $60.00 amid possible end of US government shutdown

WTI holds gains near $60.00 amid possible end of US government shutdown

West Texas Intermediate (WTI) Oil price extends its gains for the second consecutive session, trading around $60.00 per barrel during the Asian hours on Monday. Oil prices rise on optimism that the US government shutdown could end soon, boosting demand in the world’s top Oil consumer. Bloomberg reported on Monday that the record-breaking US government […]

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The $30 Barrel Break-Even Project Driving Exxon’s Success

The $30 Barrel Break-Even Project Driving Exxon’s Success

Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Nov 05, 2025, 3:00 PM CST ExxonMobil’s third quarter 2025 earnings were substantially supported by its growing production in Guyana’s

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Shale Giants Slash Thousands of Jobs as Lower Prices Bite

Shale Giants Slash Thousands of Jobs as Lower Prices Bite

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 26, 2025, 5:00 PM CDT U.S. oil majors, including ConocoPhillips, Chevron, and ExxonMobil, are cutting jobs substantially in 2025 to reduce costs amid

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USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles

USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles

USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices. West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading around $57.70 per barrel at the

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