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Wall Street fears foreign tax in budget bill may reduce allure of US assets

30/05/2025

Wall Street analysts are cautioning that a tax targeting foreign investors in the U.S. budget bill progressing through Congress could

Oil set for second weekly decline as market eyes another OPEC+ output hike

30/05/2025

Oil prices were on track for a second consecutive weekly decline on Friday, weighed down by expectations of another OPEC+

US crude and fuel inventories fall, Nigerian crude imports jump, EIA says

30/05/2025

U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly

TotalEnergies sells Nigeria oilfield stake to Shell for $510 million

30/05/2025

French oil major TotalEnergies TTE said on Thursday it agreed to sell its 12.5% stake in the Bonga oilfield offshore

US natgas prices ease on forecasts for less demand and smaller output decline

30/05/2025

U.S. natural gas futures eased about 1% on Thursday on forecasts for less demand this week than previously expected and

Kazakhstan says it has told OPEC it won’t cut oil output, Interfax reports

30/05/2025

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia’s Interfax news agency cited Kazakhstan’s

Prices edge lower on warm temperatures, higher Norwegian supply

30/05/2025

Dutch and British wholesale gas prices edged lower on Thursday morning as warm temperatures curbed demand and supply from Norway

bpTT announces Mento first gas

30/05/2025

bp Trinidad and Tobago (bpTT) announced today that the Mento development has safely delivered first gas through connection of the

OPEC+ adopts plan for 2027 baselines ahead of July output hike talks

30/05/2025

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said

Is Crude Oil at a Major Inflection Point?

30/05/2025

OPEC+ meets on June 1 and the outcome could help determine whether oil prices rebound from their recent sell-off to around four-year lows or fall even further. At their last meeting on May 3, the group reaffirmed its April decision

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