Meanwhile, Birchcliff Energy CEO Chris Carlsen highlighted a potential benefit for natural gas producers, as reduced oil drilling may decrease associated gas output, potentially tightening supply. See ...

The main Texas power grid is poised to experience rapid changes in the next five to six years as a flood of artificial ...

Serbian oil firm NIS faces difficulties acquiring oil due to impending U.S. sanctions and ... These developments create logistical challenges for fuel supply in the region, causing concern about the ...

And in a scenario where a trade war flares up, global oil supply increases amid a slowdown or recession, these oil prices could fall below $50, or even $40 per barrel, warn experts. OPEC+ has made the ...

Adding to the pressure, OPEC+ has decided to raise oil production by over 411,000 barrels per day as worries grow about supply levels. If nothing changes and the tariffs stay in place, oil prices ...

Dubbed “Liberation Day” by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per ...

Laith Khalaf, of investment platform AJ Bell, said: “Supply chain disruption could also ... an enormous shift in US economic policy.” Oil prices have plummeted in response to Trump’s ...

That now appears optimistic. IEA had originally estimated oil supply at 103.3 million bpd. But this was before OPEC+ (the Organization of Petroleum Exporting Countries) decided to increase output ...

X@Engr_Abdulmalik The Federal Government cut crude oil supplies to local refineries ... and Iranian and Venezuelan supply dropped on renewed U.S. attempts to curb the flows. OPEC pumped 26.63 ...

Here are some of the key impacts in four charts: Stock markets have reacted very negatively to the measures ... Laith Khalaf, of investment platform AJ Bell, said: “Supply chain disruption could also ...