Trump reiterates India will cut Russian oil
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strategic petroleum reserve, Oil and Buy 1 Million Barrels
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WTI prices have fallen since the start of 2025 and are down by 34.26% compared to 2022. Over the past year, the 52-week range has stretched from an intraday low of $55.12 per barrel on April 9, 2025, to an intraday high of $80.77 per barrel on January 16, 2025—with that high trading about 42.89% above the current futures price.
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Inside the Hidden Oil Glut
China’s opaque crude stockpiling and offshore “shadow storage” are concealing a massive global oil surplus that could soon spill into visible markets and pressure prices.
Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely limit the selloff.
As oil prices tumble on oversupply from OPEC, the rise in natural gas prices may be exactly what us producers need to survive the downturn.
The 10-year Treasury yield and the price of oil are highly correlated. With crude at five-year lows, that could help borrowing costs come down.
Oil prices settled higher on Tuesday, bouncing off the previous session's five-month lows, as investors reassessed expectations of a looming glut and sought clarity on the trade dispute between the U.
Iran’s sovereign wealth fund in July committed to investing $2.3bn to build 7gW of renewables in partnership with the private sector, which will provide 20 per cent of the required investment. With roughly 300 sunny days a year,
Growing up in southern Nigeria during the 1970s, Bubaraye Dakolo would easily catch 20 kilograms of fish within minutes.Now Dakolo, the monarch of Ekpetiama, a kingdom in the southern coastal state of Bayelsa,
The Phillips 66 oil refinery in Wilmington will be demolished and replaced with retail shops, restaurants, soccer fields and warehouses serving port operations. The redevelopment addresses community demands including grocery stores in the neighborhood food desert and the removal of 25 million gallons of butane tanks.