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05/14/2025

In a statement posted on its website this week, the U.S. Department of Energy announced 'the first step in the Energy Department's largest deregulatory effort in history'.

In a statement posted on its website this week, the U.S. Department of Energy announced 'the first step in the Energy Department's largest deregula...

05/14/2025

Optimism from the US-China trade truce was overshadowed by bearish government data.

Optimism from the US-China trade truce was overshadowed by bearish government data.

05/14/2025

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05/14/2025

The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in investment commitments from Saudi partners.

The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in investment commitments from Sau...

05/14/2025

The U.S. Energy Information Administration expects the U.S. regular gasoline retail price to drop this year and next year, according to its latest short term energy outlook.

The U.S. Energy Information Administration expects the U.S. regular gasoline retail price to drop this year and next year, according to its latest ...

05/14/2025

'U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding the 2020 Covid-19 pandemic', an S&P Global analysis piece stated.

‘U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding th...

05/14/2025

The commodity trader made another significant oil deal in Gabon, its second since the country sought more control of national assets following a coup d'etat in 2023.

The commodity trader made another significant oil deal in Gabon, its second since the country sought more control of national assets following a co...

05/13/2025

Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.6 million barrels for the week ending May 9.

Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.6 million barrels for the week ending May 9.

05/13/2025

Oil jumped nearly 3% as Trump threatened new sanctions on Iranian crude exports.

Oil jumped nearly 3% as Trump threatened new sanctions on Iranian crude exports.

05/13/2025

The incentives put in place by former President Joe Biden's signature climate law have been ripe targets for lawmakers looking for trillions of dollars to help pay for extending Trump's tax cuts.

The incentives put in place by former President Joe Biden's signature climate law have been ripe targets for lawmakers looking for trillions of dol...

05/13/2025

'With Brent hovering around $65, it's unlikely that oil prices will dominate the agenda during the Saudi visit', SEB Commodities Analyst Ole R. Hvalbye said.

‘With Brent hovering around $65, it’s unlikely that oil prices will dominate the agenda during the Saudi visit’, SEB Commodities Analyst Ole R. Hva...