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Top Oil & Gas 360 News

BP Says Lower Oil Prices Will Weigh on Earnings

BP Says Lower Oil Prices Will Weigh on Earnings

56% Left coverage: 9 sources

World oil market may be tighter than it looks, IEA says

Oil and Gas Sector · Saudi Arabia

World oil market may be tighter than it looks, IEA says

56% Center coverage: 9 sources

Oil Edges Down Amid Bearish Trump Tariff Outlook

Donald Trump · United States

Oil Edges Down Amid Bearish Trump Tariff Outlook

57% Center coverage: 7 sources

UK-GLOBAL-OIL:Oil edges down amid bearish Trump tariff outlook See the Story

Blindspots

Oil Edges Down Amid Bearish Trump Tariff Outlook

No coverage from Left Sources

Oil Edges Down Amid Bearish Trump Tariff Outlook

OPEC Looking to Regain Market Share with Oil Production Increases, Expert Says

60% Center coverage: 5 sources

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers, an energy expert says.Vladimir Putin See the Story

Oil Market: Brent, WTI Futures Dip After Rally As Trump Tariff Tensions ...

60% Center coverage: 5 sources

Crude oil prices slipped by more than 2% on Thursday after the newest tariffs imposed by United States President Donald Trump, including a 50% tariff on copper and a 50% trade duty on Brazilian export...Donald Trump See the Story

Venezuela’s PDVSA Oil Sales Abroad Hit $17.5 Billion in 2024 as Exports Jump – Oil & Gas 360

(Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by Reuters on Friday, as exports jumped due to U.S. licenses allowing foreign partners to operate in the sanctioned OPEC member. There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not immediately respond to a request for comment. Venezuela has some ofChevron · Venezuela See the Story

U.S. rig count decreased by 2 is at 537 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 over last week, resulting in a total count of 537 rigs. Canada had an increase of 11 over last week, resulting in a total Canadian count of 162 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Haynesville region experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Ardmore Woodford is at 1, down 1. The Cana WoodBaker Hughes · United States Read Article

US natgas end-of-season storage seen at three-year low in October – Oil & Gas 360

(BOE Report)– U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. That compares with an eight-year high of around 3.938 tcf at the end of the summer injection season in 2024 and a five-year (2020-2024) average of 3.782 tcf. Looking ahead, analysts estimate stockpiles were on track to end the November 2025United States · United States See the Story

Saudi Arabia's Production Increase Sparks Credibility Concerns

50% Left coverage: 4 sources

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ compliance and transparency amid media bans.Oil and Gas Sector · Saudi Arabia See the Story

Crude Falls on the Week as Trump’s Historic Moves ‘Write the Script’ for Oil

100% Center coverage: 1 sources

(BOE Report)– LONDON, July 10 – U.S. President Donald Trump’s signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his previous vow to fill them “right to the top”. This about-face raises the question of whether the U.S. still needs the Strategic Petroleum Reserve at all. The American SPR is the world’s largest emergency oil storage, able to hold 714 million barrels, or the equivalent of 35 days of U.S. oil cDonald Trump · United States See the Story

Hess exits deepwater exploration block in Suriname – Oil & Gas 360

(World Oil)– The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. The block will return to Staatsolie and become part of the open acreage. Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period, which concludes on 8 July 2025. In July 2024, Hess’ partners ExxonMobil Exploration Oil and Gas Sector · Suriname Read Article

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