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 »
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 02, 2025, 7:00 PM CDT Major international oil and gas firms are accelerating layoffs and restructuring their workforces to achieve cost savings and
Supermajors Slim Down to Protect Shareholder Payouts Read More »
Oil drilling rigs Oil prices rose on Friday as markets assessed Ukraine’s attacks on Russia’s energy infrastructure, which prompted Moscow to curb fuel exports and move closer to cutting crude production. Brent crude futures (November delivery) rose 0.15%, or 12 cents, to $69.54 a barrel as of 8:04 a.m. Makkah time. Meanwhile, WTI crude futures
Oil prices rise, set for biggest weekly gain in three months 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 By Tsvetana Paraskova – Sep 23, 2025, 8:00 AM CDT Russia is considering extending its current ban on exports of gasoline and introducing a ban on diesel exports as fuel
Russia Considers Extending Gasoline Export Ban As Fuel Crisis Worsens Read More »
MANILA, Philippines — Fuel prices will increase again on Tuesday, Sept. 23, mostly due to the effects of the escalation of global conflicts, oil companies said on Monday.Shell, Seaoil, Cleanfuel and Petrogazz said that their gasoline prices will go up by P1.00 per liter and diesel by P0.80 per liter.The cost of kerosene will also
Fuel prices up again this week Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Sep 15, 2025, 7:00 PM CDT Ukraine hit Russia’s 355,000 bpd Kirishi refinery with drones, nudging oil higher. Kyiv is extending its deep-strike reach beyond Western missiles, fielding long-range drones and the
Kyiv’s Long-Range Arsenal Grows, But What Does It Mean for Russian Oil? Read More »
Tadawul trading screen Alawwal Capital underlined several factors behind the drawdown in the year-to-date (YTD) performance of the Main Market (TASI), most notably the persistently high interest rates, weakening oil prices (Brent shed almost 10% since 2025-start), the summer seasonal dips, and traders’ fears of geopolitical risks. Reasons for Declines In its recent report, Alawwal
Reasons for YTD TASI drop; key grabs, challenges going forward: Alawwal Capital 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 – Sep 13, 2025, 6:00 PM CDT U.S. shale jobs fell 1.7% in August. Producers slow drilling, defer completions, and push efficiency after a ~12%
U.S. Oil Patch Sheds Jobs as Producers Face Weaker Prices Read More »
On September 10, 2025, 5:45 AM Oil prices climbed on Tuesday after Israel carried out a rare and brazen strike in Doha, Qatar, an escalation that rattled global energy markets. WTI crude rose 1.37% to $63.11, while Brent gained 1.32% to $66.89. Israel struck Hamas officials in Doha, according to reports — the first known Israeli attack to
Oil prices jump as Israel strikes in Qatar Read More »
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 – Sep 09, 2025, 5:00 PM CDT Colombia is facing a severe fiscal crisis with a ballooning budget deficit, leading the
Oil Companies Grapple with Rising Taxes in Colombia Read More »
