Oil Price

Oil & Gas
US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a
Oil & Gas
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)
Oil & Gas
Azerbaijani Oil Moves up in Price
On April 18, the price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent incre
Oil & Gas
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202
Oil & Gas
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r
Oil & Gas
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam
Oil & Gas
Oil Falls to Lowest Since February 2021 as Trump’s Tariffs Take Effect
Oil prices declined for a fifth consecutive day on Wednesday, April 09, 2025, reaching their lowest levels since February 2021. The drop stems from growing conc
Oil & Gas
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augus
Oil & Gas
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m
Oil & Gas
Oil Prices Steady as Market Awaits Fresh US Tariffs
U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $
Oil & Gas
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price
Oil & Gas
Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.Oil prices rose slightly on Thursday, recovering from tw
Oil & Gas
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t
Oil & Gas
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou
Oil & Gas
China to Cut Gasoline, Diesel Retail Prices on Thursday
China will reduce the retail prices of gasoline and diesel on Thursday, the first such move this year, based on recent changes in international oil prices, the

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Oil Price

US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

Azerbaijani Oil Moves up in Price

JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output

Egypt Raises Fuel Prices for First Time in 2025

Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank

Oil Falls to Lowest Since February 2021 as Trump’s Tariffs Take Effect

Azerbaijani Oil Decreases in Price

Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low

Oil Prices Steady as Market Awaits Fresh US Tariffs

Petrobras Lowers Diesel Prices for First Time in More Than a Year

Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License

Oil Prices Slip as Kurdistan Export Resumption Looms

Oil Holds Above $72 Amid Supply Uncertainty

China to Cut Gasoline, Diesel Retail Prices on Thursday

Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax

World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

Goldman Remains Bullish On Oil Despite OPEC+ Decision

Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting

Egypt Raises Fuel Prices for First Time in 2025