Tag: Oil
March 12, 2025
News
Gunvor CEO Indicates Global Oil Supply Growth Surpassing Demand Levels
The CEO of Gunvor, one of the largest oil trading companies globally, has indicated that the growth in oil supply…
March 12, 2025
News
Oil Prices Rise with Weak Dollar, but Tariff Worries Limit Increases
Oil prices experienced a slight increase on Wednesday, supported by a weaker dollar, although concerns about a potential U.S. economic…
March 11, 2025
News
Asian Crude Oil Market Share Competition Could Be Heating Up Soon
A new competition for crude oil market share in Asia appears to be emerging as major exporters Saudi Arabia and…
March 11, 2025
News
Verde Marine Energy BV Expands Operations by Introducing VLSFO Fuel Oil Supply Services
Verde Marine Energy BV is excited to announce the launch of its Very Low Sulphur Fuel Oil (VLSFO) supply operations.…
March 11, 2025
News
Alberta Premier: Canada can increase oil supply to US but needs access to new markets too.
Alberta Premier Danielle Smith announced on Monday that Canada intends to continue supplying crude oil to the United States. However,…
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…