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Oil prices fall with US-Iran nuclear deal hopes, US-China trade concerns

- Geopolitical tensions between US and China, potentially involving other countries, could put pressure on global trade and reignite inflationary risks

21.04.2025 Oil

US oil rig count up by 1 for week ending April 17

- Number of US oil rigs fall by 30 compared to one year ago

19.04.2025 Oil Finance

Oil prices head for modest gain on week ending April 18 over US trade talks hopes

- Markets are closed Friday in observance of the Good Friday, ahead of the Easter weekend

18.04.2025 Oil

Libya hosts investor meeting in Istanbul for major oil, gas bid round

- 'This is the first bid round of its kind in the past 17 years, featuring new and attractive contractual terms for investors,' says Libya's oil and gas minister

17.04.2025 Natural Gas Oil International Relations

US sanctions on Iran raise supply concerns, push oil prices higher

- Fresh measures target Chinese refinery: fears of disruption to global crude supply

17.04.2025 General

US crude oil inventories up 0.1% for week ending April 11

- Daily crude oil production rises to around 13.46 million barrels per day

17.04.2025 Oil

Oil prices slide amid US-China trade tensions

- Rising US crude inventories add to concerns over weakening demand

16.04.2025 Oil

Int. Energy Agency revises down oil demand growth forecast for 2025

- US and China account for roughly half of downgrade, with trade-oriented Asian economies making up majority of rest, says IEA

15.04.2025 Oil

Oil prices up amid US tariff exemptions, output cuts and Washington-Tehran talks

- Decline in OPEC's crude oil production fuels supply concern among market participants, pushing prices higher

15.04.2025 Oil

US in talks with Saudi Arabia on nuclear technology agreement, says US energy secretary

- ‘I think in the short run, we’ll sign a broader agreement about cooperation across the energy space,’ says Chris Wright

14.04.2025 General

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OPEC daily crude output down 0.29% in March

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

14.04.2025 Oil

Oil prices down amid mixed signals on US trade policy

- Weak dollar exerts upward pressure on prices, making dollar-indexed crude oil cheaper for buyers

14.04.2025 Oil

Banias oil refinery resumes operations in Syria’s Tartus province

- Estimated production capacity around 95,000 barrels per day at refinery

13.04.2025 Oil

US oil rig count down by 9 for week ending April 11

- Number of US oil rigs fall by 26 compared to one year ago

12.04.2025 Refining/Petro Chemistry

Oil prices up amid Trump’s decision to suspend tariffs

- Ongoing US-China trade dispute, alongside rising US oil inventories continue to raise concerns about global oil demand

11.04.2025 Oil

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $67.87 per barrel

11.04.2025 Oil

Mining to be next phase in Türkiye-Somalia energy relations, says Somalian minister

- Once legal procedures are complete, Turkish mining companies are welcome to explore deals in Somalia, says Somalia's petroleum and mineral resources minister

10.04.2025 Energy Diplomacy