The Latest

Citgo Stalking Horse Bidder Draws Ire from Investors

A court-appointed special master recommended a stalking horse bidder for the parent of Citgo Petroleum, which drew objections from Gold Reserve and other investors.

Oil Prices Slide 2% to Nearly 4-Yr Low as US Trade Conflict Fuels Recession Fears

After crude prices fell about 11% last week, the April 7 losses put both benchmarks on track for their lowest closes since mid-April 2021.

What's Affecting Oil Prices This Week? (April 7, 2025)

From an upside perspective – a favorable resolution of the tariffs will push the price of Brent crude to $75 and the price of WTI to $70. 

Belcher: Tariff Growing Pains Will Help US Achieve Energy Dominance

Tariffs may bring short-term pain, but Trump is aggressively pursuing goals that benefit the U.S., says Cornerstone Government Affairs’ Jack Belcher.

Paisie: How a World in Flux Impacts Oil Prices

Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.

BP Earns Approval to Redevelop Oil Fields in Northern Iraq

The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.

US LNG Exports May See EU Demand Drop-Off, Asian Surge

Ukrainian peace talks could end with Russian gas back on the market, Poten & Partners analysts said.

Oil Loading Slows at Venezuela's Ports Amid US Tariffs, License Termination, Data Shows

Loading of Venezuela's heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation's oil. 

What's Affecting Oil Prices This Week? (March 24, 2025)

Oil demand will be picking up as we move into warmer months for the northern hemisphere. For the upcoming week, Stratas Advisors think the price of Brent crude will move higher and will test $73.

Hirs: America Confronts Sovereign Risk with Recession on the Horizon

The risk to U.S. oil and gas production comes from within, and a recession looms on the horizon.