BP Makes New Oil Discovery Off US Gulf Coast

April 14 – BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to…

Oil Rises on Tariff Exemptions and Rebound in Chinese Imports

Summary • China’s crude oil imports rebounded in March, data shows• OPEC dowgrades its 2025 global oil demand growth forecast• Goldman Sachs sees Brent averaging $63 for rest of 2025…

Saudi Arabia, US on ‘Pathway’ to Civil Nuclear Agreement, US Energy Secretary Says

Wright, who had met with Saudi Energy Minister Prince Abdulaziz bin Salman earlier on Sunday, said Riyadh and Washington were on a “a pathway” to reaching an agreement to work…

Goldman Sachs Expects Oil Prices to Decline Through 2026

The bank expects Brent and WTI oil prices to edge down, averaging $63 and $59 a barrel, respectively, for the remainder of 2025, and $58 and $55 in 2026. Given…

TC Energy Completes Pipeline Repairs in Michigan Following Gas Leak

“Natural gas service has now been restored to Michigan Gas Utilities, the local distribution company,” the company said in a statement on April 11. Michigan Gas Utilities would provide further…

NextDecade Strikes LNG Supply Deal with TotalEnergies for 1.5 Million Tonnes Annually

NextDecade has so far contracted a total of 4.6 MTPA of LNG from Train 4 on a long-term basis, most recently with a Saudi Aramco subsidiary, and expects existing long-term commercial agreements…

Doing the Tariff Two-Step

A look at the day ahead in European and global markets from Wayne ColeSo the “reciprocal” tariffs are off smartphones and some electronics, but maybe only for a while as…

G7 Considers Reducing Russia’s Oil Price Cap

G7 and the UK are discussing a reduction of the price cap they imposed on Russian oil exports in a bid to hurt the country’s oil revenues. The cap has…

China’s Coal Imports Dip 6% as Local Prices Slump

China’s Coal Imports Dip 6% as Local Prices Slump | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 14, 2025, 4:37 AM CDT Weak demand and domestic prices at…

China’s Oil Imports Hit 20-Month High as Iran and Russia Flows Rebound

China’s Oil Imports Hit 20-Month High as Iran and Russia Flows Rebound | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Apr 14, 2025, 5:47 AM CDT Chinese crude oil…