Oil & Companies News

European policymakers worried about energy prices have shot themselves in the foot – twice – as two rules aimed at managing the region’s gas market run the risk of instead overheating it over the summer months when stocks should be replenished. Faced with the supply disruption caused by Russia’s...

https://www.hellenicshippingnews.com/eu-rules-risk-overheating-a-red-hot-gas-market-bousso/

Oil prices fell slightly on Thursday as a potential peace deal between Russia and Ukraine continued to exert downward pressure, along with rising crude inventories in the United States. Brent futures were down 42 cents, or 0.6%, at $74.76 a barrel by 0900 GMT while U.S. West Texas Intermediate...

https://www.hellenicshippingnews.com/oil-prices-fall-on-potential-ukraine-peace-talks/

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy Outlook report, but it maintained its estimate for demand growth. The EIA said it now expects U.S. crude oil production to...

https://www.hellenicshippingnews.com/eia-raises-us-oil-production-forecast-for-2025/

Middle East crude benchmark premiums of Oman, Dubai and Murban slid on Wednesday, reaching the lowest in about a month. The recent downtrend came after a surge in spot premiums driven by U.S. sanctions on Russia that tightened shipping availability and sent Asian buyers to seek more alternative...

https://www.hellenicshippingnews.com/middle-east-crude-benchmarks-slide-to-one-month-low/

Oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but stronger refining margins limited losses. Brent futures fell 52 cents or 0.7% to $76.48 a barrel by 0747 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 54 cents or...

https://www.hellenicshippingnews.com/oil-prices-retreat-after-climb-in-us-crude-stockpiles-expected/

The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the American Petroleum Institute (API) remain largely bearish. The market awaits monthly reports from OPEC and the IEA to further assess the market Energy – API reports a large...

https://www.hellenicshippingnews.com/the-commodities-feed-oil-trading-under-pressure/

Markets are already suffering whiplash from a slew of constantly changing headlines about US tariffs. With negotiations ongoing, the best stakeholders can do is be aware of the known unknowns and possible consequences. So, what could it all mean for North American oil? We’ve just published an...

https://www.hellenicshippingnews.com/7-questions-about-trump-tariffs-and-their-impact-on-the-north-american-oil-market-answered/

President Donald Trump’s emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied natural gas export projects, many of which rely on China as a key buyer, according to analysts, industry sources, and company filings. The threat reflects the double-edged...

https://www.hellenicshippingnews.com/trade-war-with-china-casts-dark-cloud-over-new-us-lng-projects/