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US, Pakistan strike trade deal to develop oil reserves

02/08/2025

US President Donald Trump announced late Wednesday that he had reached an agreement with Pakistan that will see Washington help

Chevron beats Wall Street profit estimates with record production

02/08/2025

Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped

Canada’s Imperial Oil posts fall in quarterly profit on lower crude prices

02/08/2025

Canadian oil producer Imperial Oil (IMO.TO), posted a fall in second-quarter profit on Friday, hurt by lower crude prices and

US oil output rose to a record in May, EIA data shows

02/08/2025

U.S. crude oil production rose to a record 13.49 million barrels-per-day in May, even as oversupply concerns pushed prices for

EU energy policy trapped between US gas and Chinese green tech

02/08/2025

The European Union’s lavish pledge to buy $750 billion of U.S. energy by 2028 risks exacerbating the bloc’s already outsized

Asia Distillates: Diesel cash diffs dip further; jet fuel window deal emerges after 2 mths

02/08/2025

Asia’s middle distillates markets continued to be in limbo, with spot activity discussed in a tight price range, though cash

OPEC+ expected to raise oil production further on Sunday, sources say

01/08/2025

Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the

Middle East Crude-Benchmarks hold firm on sanctions concerns

01/08/2025

Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban held above $3 a barrel on Friday, the first

Oil steadies as investors mull US tariff impacts

01/08/2025

Oil prices were little changed on Friday and heading for a weekly gain, as investors weighed the impact of further

Tariff uncertainty and rising OPEC+ supply weigh on oil prices

01/08/2025

Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S.

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