News

OPEC+ considers raising oil output by 550,000 bpd in August, sources say
OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the ...
Husband-and-Wife Team’s Bold Foray Into Oil Refining Ends Badly
When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...
Oil and gas drilling licence surrendered at site
A licence to drill for oil and gas at a site in Surrey has reportedly been relinquished by UK Oil & Gas (UKOG). The firm had ...
Oil dips ahead of expected OPEC+ output increase
Oil futures slipped slightly Friday on thin holiday volumes, as the market looked ahead to this weekend's OPEC+ meeting and ...
Could California start producing more oil? Gov. Newsom is considering it
Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and ...
BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
OilPrice.com20h
Oil Prices Tick Higher as Markets Balance Geopolitics and Demand
Oil prices made a modest recovery as June ended, driven by easing Middle East tensions, strong summer gasoline demand, and ...
CNN’s Laura Coates reports on sightings of people pouring baby oil on themselves outside Sean ‘Diddy’ Combs bail hearing
CNN’s Laura Coates reports from outside the courthouse of Sean “Diddy” Combs’ bail hearing where several spectators could be ...
Oil falls as Iran affirms commitment to nuclear treaty
Oil futures fell slightly on Friday after Iran reaffirmed its commitment to nuclear non-proliferation, while major producers ...
OilPrice.com23h
Wildfires Cripple Alberta’s Oil Production
Wildfires and maintenance shutdowns slashed Alberta’s oil production to a two-year low in May, tightening heavy crude ...