EU tariffs to start 15 April while US cuts highest tariffs on all but China
EU member states have voted in favour of the European Commission’s proposal to introduce trade countermeasures against the US. Duties will start being collected from 15 April. The Commission’s proposal…
UPDATE: EU tariffs on hold while US cuts highest tariffs on all but China
EU member states have postponed tariffs which were due to start 15 April by 90 days. A European Commission statement warned if negotiations are not satisfactory, countermeasures will kick in.…
Saudi Aramco Makes 14 New Discoveries as Oil Prices Bite
ByTom Kool– Apr 09, 2025, 11:30 AM CDT Saudi Aramco, the Kingdom’s giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could…
Venezuela Puts Military on Alert Over Alleged ExxonMobil Plot
Venezuela’s armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobil’s operations in the oil-rich Essequibo region—an…
Chevron Expands Triple-Frac to Half of Its Permian Wells
Chevron Expands Triple-Frac to Half of Its Permian Wells | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Apr 09, 2025, 9:30 AM CDT Chevron will boost the so-called triple…
Stocks Soar as Trump Pauses Tariffs
The wild ride on US stock markets took a dizzying turn Wednesday afternoon when President Donald Trump announced a pause on some of his harshest tariffs, sending the S&P 500…
Aramco and Sinopec to Expand Petrochemicals Plant in Saudi Arabia
ByTsvetana Paraskova– Apr 09, 2025, 10:30 AM CDT Saudi oil giant Aramco and China’s top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement…
Equinor Expects Weak Oil and Gas Trading for Q1
Equinor Expects Weak Oil and Gas Trading for Q1 | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 09, 2025, 7:00 AM CDT Equinor advised analysts on Wednesday to…
Trump Revokes Oil Majors’ Gas Project Licenses Offshore Venezuela
Trump Revokes Oil Majors’ Gas Project Licenses Offshore Venezuela | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 09, 2025, 6:00 AM CDT The Trump Administration has revoked licenses…
Brent Crashes Below $60 as U.S.-China Tariff War Escalates
Brent Crashes Below $60 as U.S.-China Tariff War Escalates | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Apr 09, 2025, 7:44 AM CDT Oil prices plunged early on Wednesday…
