Oil in Freefall Reorders Energy Landscape From US to Middle East
The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...
Oil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says
Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed ...
Macquarie Sees Oil in the Low $60s and a Looming Refining Crunch
Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...