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Oil benchmarks dip below $60 a barrel amid trade war fears Oil companies may cut capex, halt buybacks, analysts say Analysts expect cautious tone in April earnings April 9 (Reuters) - A plunge in ...

A release of crude oil from the pipeline was confined to an agricultural field south of the pump station, Suess said. He told the Associated Press that oil was reported surfacing 300 yards south ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Higher risks of recessions and higher-than-expected OPEC+ production ...

MOSCOW, April 7 (Reuters) - Russian Urals oil prices fell to the lowest levels since 2023 as international benchmark Brent prices collapsed amid escalating trade tensions between the U.S. and ...

Then, on Thursday, a producers’ cartel led by Saudi Arabia piled on, saying it was going to pump more oil than previously planned, beginning in May. The combination shaved roughly 13 percent off ...

In the strategy reset at the end of February, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 ...

(UPDATE) LOCAL oil companies raised pump prices for the second consecutive week. The per-liter price of gasoline went up by P1.40, diesel by P1.20, and kerosene by P1.20 on Tuesday, April 1.