News

Russian Urals oil prices hold below price cap on weaker Brent, Reuters calculations show
The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...
BP says lower oil prices will weigh on earnings
BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...
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IEA Sees Oil Supply Outpacing Demand Despite Tight Summer Market
The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...
Oil prices are climbing because a new battle for global market share is brewing
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
BP Sees Higher Oil Production, Trading Helping to Offset Lower Energy Prices
BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...
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BP Sees Lower Oil Prices Denting Q2 Profit
BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Imperial Oil: Higher Multiples And Lower Oil Prices, Switching To 'Hold'
Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
BP flags gas, oil price hit; higher upstream output in second quarter
BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...