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Energy flows intelligence firm Kpler forecasts that US crude oil supply growth will slow for the rest of 2025 and into 2026, and peak as early as this year. Kpler attributes this revised forecast ...
Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided this weekend to hike production in June with a similar 410,000-bpd increase it is implementing in ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. By Rebecca F. Elliott Oil prices resumed their slide after the OPEC Plus cartel of ...
Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be difficult. BP has struggled in recent years. The British oil giant has ...
Oil prices dropped 2% on Monday to their lowest level since February 2021. The decline was sparked by OPEC's plans to increase oil supply by 411,000 barrels per day in June. Americans can expect ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...
While stocks have mostly recovered from April 2 "Liberation Day," oil prices haven't. The struggling oil price led to a severe down month for most oil and gas stocks. Saudi Arabia is threatening ...
President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.
Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term. Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of ...
and signaling his willingness to do deals that let U.S. oil-and-gas companies do business in the country. Sharaa, an Islamist formerly aligned with Islamic State in Iraq and al Qaeda, has sworn ...
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