Keir Starmer hit out at Donald Trump’s blockade plan today insisting the Strait of Hormuz must be ‘open, not shut’. The PM confirmed that the UK will not be playing any part in the US President’s latest move as he voiced ‘concern’ about the impact on the economy. Brent Crude is trading above $100 a
By Alex Kimani – Dec 18, 2025, 7:00 PM CST Oil prices are under pressure as oversupply fears and Ukraine peace talks optimism weigh on markets. Executives expect a weak near-term outlook, with WTI seen at around $62 in 2026. Big Oil remains resilient despite lower prices, using cost cuts, automation, and higher output to
Oil Executives Brace For Another Tough Year Ahead Read More »
Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends to Dry Up as Sub-$70 Crude Squeezes Supermajors – Amidst fears of oversupply and tariff-impacted demand slowdown, global oil majors are widely expected to start cutting their shareholder payouts as sub-70 oil prices loom large over the
Oil majors brace for dividend drought as sub-$70 crude bites Read More »
Open this photo in gallery: People walk in front of television screens displaying U.S. President Donald Trump’s address to the nation, on Saturday. Eduardo Munoz/Reuters A U.S. attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to
Investors brace for oil price spike after U.S. bombs Iranian nuclear sites 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 05, 2024, 6:00 PM CDT Oil prices have risen due to escalating tensions between Israel and Iran, with fears that the conflict could
Markets Brace for Middle East Oil Supply Shock Read More »
