Oil

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GasGas
+3+3
European Commission Plans to End Russian Oil and Gas Imports

European Commission Plans to End Russian Oil and Gas Imports

European Commission announces it will publish a plan on May 6th to begin phasing out oil and gas purchases from Russia

Jason Belcher
Jason Belcher
OilOil
+2+2
Turkey and Pakistan Sign Agreement to Explore World’s Fourth Largest Oil Reserve

Turkey and Pakistan Sign Agreement to Explore World’s Fourth Largest Oil Reserve

Pakistan and Turkey sign new agreement to explore the fourth largest known oil and gas deposits

Jason Belcher
Jason Belcher
OilOil
+1+1
Eight Members of OPEC Agree to Increase Production Causing Oil Prices to Drop

Eight Members of OPEC Agree to Increase Production Causing Oil Prices to Drop

Eight members of OPEC agree to accelerate production increases, further pushing global oil prices down.

Jason Belcher
Jason Belcher
ChinaChina
+1+1
China Discovers New Oil Field in South China Sea

China Discovers New Oil Field in South China Sea

China National Offshore Oil Corporation discovers new oilfield in the South China Sea with one hundred million tons of oil.

Jason Belcher
Jason Belcher
ShippingShipping
+3+3
Tanker Carrying Fuel for the U.S. Military Collides With Cargo Ship in the North Sea

Tanker Carrying Fuel for the U.S. Military Collides With Cargo Ship in the North Sea

Oil tanker carrying jet fuel collides with cargo ship carrying toxic chemicals in the North Sea.

Jason Belcher
Jason Belcher
TrumpTrump
+2+2
OPEC Announces it Will Go Ahead with Production Increase

OPEC Announces it Will Go Ahead with Production Increase

OPEC announces plans to begin a gradual production increase in April, the first such increase since 2022.

Jason Belcher
Jason Belcher
Saudi ArabiaSaudi Arabia
+3+3
Moscow Signals Willingness to Allow American Oil Companies Operate in Russia Again

Moscow Signals Willingness to Allow American Oil Companies Operate in Russia Again

Moscow signals willingness to allow American oil companies to do business in Russia again, but risks remain.

Jason Belcher
Jason Belcher
TrumpTrump
+1+1
Deepwater Oil Export Terminal off Texas Coast Approved

Deepwater Oil Export Terminal off Texas Coast Approved

Trump Administration approves plans for new Gulf Link Terminal capable of exporting oil by docking with supertankers.

Jason Belcher
Jason Belcher
OilOil
Chevron Announces Plans to Layoff Twenty Percent of Its Workforce by 2026

Chevron Announces Plans to Layoff Twenty Percent of Its Workforce by 2026

Second largest oil producer in the U.S., Chevron to layoff up to twenty percent of its workforce by 2026.

Jason Belcher
Jason Belcher
OilOil
+2+2
Oil Shipping Rates Increase as U.S. Sanctions on Russia Take Effect

Oil Shipping Rates Increase as U.S. Sanctions on Russia Take Effect

Oil shipping rates increase due to new sanctions imposed on Russia by the United States and the United Kingdom.

Jason Belcher
Jason Belcher
CanadaCanada
+11+11
President-Elect Trump Tells EU to Buy More Oil, Gas or Face Tariffs

President-Elect Trump Tells EU to Buy More Oil, Gas or Face Tariffs

President-elect Trump introduced tariff warnings on the European Union Friday as many await his return to see what trade measures unfold.

Eric Moody
Eric Moody
CommoditiesCommodities
+3+3
How Oil Price Swings Could Hit Your Wallet and the Economy

How Oil Price Swings Could Hit Your Wallet and the Economy

Oil prices are on a rollercoaster, sparking fears of rising inflation and tighter budgets. Discover how these swings could impact your finances.

Tyler Flores
Tyler Flores