Oil Rally Fades on Oversupply Fears
Traders doubt the sanctions on Russia will meaningfully disrupt flows.
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Energy CEOs 'Optimistic About Growth'
'Despite inflation and regulatory headwinds, confidence among CEOs is rising', KPMG said.
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Venezuela Revokes Trinidad Gas Deals Over USA Alliance
Venezuela revoked energy deals with neighboring Trinidad and Tobago for its support of a U.S. military offensive in the Caribbean.
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Why Is the USA Natural Gas Price Dropping?
Rigzone talks to Art Hogan, Chief Market Strategist at B. Riley Wealth, and Phil Flynn, a senior market analyst at the PRICE Futures Group.
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Crude Pauses After Sanction-Fueled Rally
Progress in US and China trade talks helped limit losses as traders weighed the global supply outlook.
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Petrofac's 7,300 Jobs at Risk
UK energy services provider Petrofac Ltd has applied to enter administration.
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EIA Shows Production Has Outweighed Demand All Year
In its latest short term energy outlook, the EIA showed that world petroleum and other liquid fuels production outweighed consumption in the first, second, and third quarters of 2025.
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IEA Boss Says Oil Glut Will 'Moderate' Prices After Recent Gains
Oil prices are expected to 'moderate' because of ample supply, according to the IEA.
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Oil Glut Enabled Tougher Sanctions, JPM Says
'WTI prices falling into the $50s created an opportunity for the Trump administration to step up economic measures against Russia', J.P. Morgan analysts said.
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OEUK Announces Awards Host
The host of this year's OEUK awards ceremony has been revealed.