Browsing: Market News

OPEC+ Output Decision Reassures Markets OPEC+ confirmed over the weekend it will stick with its planned July production increase of…

The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production…

A $570-billion German asset manager has sold all its shares in ExxonMobil as it has found the U.S. supermajor doesn’t…

Make UK, a manufacturing industry body, has warned that sky-high energy costs for industrial consumers are compromising the country’s future…

Britain’s BP appears to be attracting a number of possible buyers for its Castrol lubricants business as the struggling oil…

Weekly US Dollar Index (DXY) The U.S. Dollar Index settled at 99.443 on May 30, up 0.339 points or 0.34%…

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly…

EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6…

Then comes the twist: Trump reverses course days later. Tariffs are delayed, watered down or scrapped altogether under the guise…

By Julianne Geiger – May 30, 2025, 12:12 PM CDT The total number of active drilling rigs for oil and…