Tag: Oil
March 11, 2025
News
US Energy Secretary: Improving Infrastructure Could Lead to Reduced Oil Prices
US Energy Secretary Chris Wright emphasized the need for streamlined infrastructure development as a key strategy to reduce oil prices.…
March 11, 2025
News
IEA’s Birol Urges Investment in Current Oil and Gas Fields for Future Sustainability
Fatih Birol, the director of the International Energy Agency (IEA), emphasized the necessity for investment in current oil and gas…
March 11, 2025
News
Oil Prices Rise Amid Tariff Concerns and Economic Slowdown Worries
Oil prices experienced a slight recovery during trade on Tuesday, overcoming earlier losses largely due to a weakening U.S. dollar.…
March 10, 2025
News
Baker Hughes: Oil Producers Not Expected to Raise Spending Levels This Year
Baker Hughes has announced that U.S. oil and gas producers are unlikely to boost spending this year, with future output…
March 10, 2025
News
Middle East Crude Benchmarks Show Minimal Movement as Oil Prices Stabilize
Middle East crude benchmark spot premiums, including Oman, Dubai, and Muban, remained unchanged on Monday as oil prices stabilized following…
March 10, 2025
News
Oil Executives Attend CERAWeek Reflecting on Trump Era: A Sense of Buyer’s Remorse Emerges
Energy executives heading to Houston for CERAWeek this week are contending with a sense of buyer’s remorse regarding President Donald…
March 10, 2025
News
India’s Crude Agreement with Argentina Shows Shift Towards New Non-OPEC Oil Suppliers
India’s recent crude import agreement with Argentina marks a significant shift in the country’s approach to sourcing oil, especially as…
March 09, 2025
News
US Considers Strategy to Disrupt Iran’s Oil by Intercepting Vessels at Sea
The Trump administration is contemplating a strategy to halt and inspect Iranian oil tankers at sea as part of an…
March 09, 2025
News
Saudi Arabia Lowers Oil Prices for Asia for the First Time in Three Months
Saudi Arabia, the leading oil exporter globally, has made a significant adjustment to its crude oil prices for Asian buyers,…
March 09, 2025
News
China’s Crude Oil Imports Decline in Early 2023 Due to Sanctions and Port Restrictions
China’s crude oil imports decreased by 5% in January and February 2025 compared to the same period last year, as…