Browsing: Futures & Trading

Lower upstream spending amid falling oil prices is set to slow the growth in oil supply from producers outside the…

By Irina Slav – May 14, 2025, 1:46 AM CDT Goldman Sachs analysis indicates that US President Donald Trump…

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. But this star…

Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading.…

Oil jumped by 3% early on Monday after the United States and China agreed to slash tariffs on each other,…

By Julianne Geiger – May 09, 2025, 12:21 PM CDT The total number of active drilling rigs for oil and…

Oil prices are on track to post a weekly gain amid expectations that the first U.S. trade deal post-tariffs, with…

Kazakhstan doesn’t have any plans to cut its crude and condensate production in May, its energy ministry said on Thursday,…

By Tsvetana Paraskova – May 08, 2025, 7:46 AM CDT Oil prices surged as the U.S. announced its…

Wall Street banks are racing this week to slash their oil price forecasts for 2025 and 2026 after OPEC+ threw…