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Oil, China and Middle East

Oil prices edge higher as market weighs US-China trade developments

Oil prices rose on Tuesday, with gains capped by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. Brent crude futures gained 50 cents, or about 0.

Business Day · 4h

Oil prices settle up at 2-week high as US, China ease tariffs – Reuters

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash tariffs,

The Wall Street Journal on MSN · 17h

Oil Futures Extend Rally As U.S.-China Tensions Ease

Oil futures added to last week’s gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day’s highs as talks on Iran’s nuclear program and the Russia-Ukraine war keep open the possibility of sanctions eventually being lifted.

Trump is throttling America’s oil industry

E&E News · 1d

The Saudis are hurting the US oil industry. Trump’s unlikely to talk about it.

President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of fuel production pushed by the Saudi leaders greeting him during his Mideast trip this week.

The Economist · 1d

Donald Trump is throttling America’s oil industry

Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see chart 1). That is a problem for the country’s shale patch, which accounts for around two-thirds of domestic output—and for smaller producers in particular,

Bloomberg on MSN · 1d

Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise

Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix,

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

4don MSN

OPEC April oil output edges lower despite plans for hike, survey finds

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

7don MSN

OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

10d

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

The Economist5d

How Saudi Arabia is cranking up the pressure on its OPEC allies

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Business Day4h

Nigeria’s crude output hits two-month high but below OPEC quota

Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest ...

8don MSN

OPEC+ to further speed up oil output hikes, sources say

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

January Non-OPEC And World Oil Production Drops

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...

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