News

Oil prices are climbing because a new battle for global market share is brewing
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
Imperial Oil: Higher Multiples And Lower Oil Prices, Switching To 'Hold'
Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...
Hess to exit Suriname offshore oil block after partners leave over drilling risks
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...
Interior Department changes rules to allow oil, gas leases to 'comingle' output
The U.S. Interior Department is taking steps to make it easier for oil and gas companies to "commingle" multiple U.S. onshore ...
Crude oil edges higher as EIA trims its 2025 U.S. oil production forecast
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Oil Pares Losses as Market Shrugs off Larger OPEC+ Output Hike
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Indonesia palm oil exports to US may fall due to tariffs, industry group says
JAKARTA (Reuters) -Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian ...
Hungary’s Mol Eyes Ukraine Port Access to Phase Out Russian Oil
Mol Nyrt., the Hungarian oil company that’s faced criticism for maintaining strong reliance on Russian energy, sees a ...
Here’s the open secret as U.S. tightens sanctions on Iran’s oil exports
The U.S. continues to show it’s serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter ...
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on ...