oil - Search News

Oil touches lowest prices since September

Oil eases in choppy trading on U.S. tariffs, OPEC+ plans to raise output

Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China, and OPEC+ plans to raise output.

The New York Times · 1d

Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.

MarketWatch on MSN · 1d

Oil touches lowest prices since September on tariff worries, OPEC+ output plans

Oil headed lower for a fourth straight session Wednesday, with crude prices hitting their lowest levels since September, on prospects for a global trade war that could dent demand and plans by major oil producers to begin unwinding output cuts next month.

North Sea, windfall tax and Oil & Gas

UK plans to overhaul windfall oil and gas tax

Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.

The Financial Times · 1d

New North Sea tax would peg payments to oil and gas prices

UK oil and gas drillers face a new tax that would see them pay more if global prices rise, under proposals to overhaul the North Sea duties regime in the wake of the energy crisis. The mechanism would replace the controversial “windfall tax”,

Reeves threatens North Sea producers with future windfall taxes

North Sea oil and gas producers face a fresh windfall tax under plans to ensure British households “share in the profits” of future energy crises.

6hon MSN

Oil snaps 4-day losing streak but remains stuck below $70 a barrel

Oil futures finished with small gains Thursday, snapping a four-day losing streak after ending the previous session at nearly ...

7hon MSN

U.S. will collapse Iran's economy by shutting down its oil industry, Treasury Secretary says

Trump has launched a maximum pressure campaign on Iran but has also said he wants to negotiate a nuclear deal with the ...

3h

Mexico president says problems with salt content in crude oil solved

Mexican President Claudia Sheinbaum said on Thursday that problems with a higher-than-usual content of salt in the crude oil ...

1don MSN

Why Oil Prices Plunged to Multi-Year Lows After Trump's Tariffs

Crude oil futures tumbled to trade near their lowest levels in years on Wednesday as jitters about U.S. tariffs and a ...

2don MSN

OPEC+ will finally boost oil production after failing to raise prices by throttling supply

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

15h

Permian Resources: The Company That Will Ride Oil Volatility

Permian Resources stands out in the O&G sector with low-cost operations, strong FCF, a $1B buyback program, and growth ...

2d

Talks to Resume Kurdish Oil Exports Postponed to Thursday After Financial Disputes

The meeting was called after repeated statements by Iraqi oil minister Hayan Abdel-Ghani and his government said that the ...

2d

Trump’s Energy Tariffs Are Set to Spark a Redrawing of Oil Flows

The world’s supply lines for cargoes of oil and fuel, which typically criss-cross the globe, are about to get redrawn thanks ...

2don MSN

Saudi Oil Giant Aramco Reports $106 Billion Profit in 2024, Down 12% on Lower Energy Prices

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on ...

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