Oil Prices

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CNOOC Posts Record 2025 Output, Lifts 2026 Target as Profit Falls on Weaker Oil Prices

The offshore producer says higher geopolitical risk makes expansion timely.

British Airways Proposes Pilot Bonus for Hitting Emissions Target, Pending BALPA Vote

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Exxon Mobil Sets Record High as Mideast Risk Lifts Oil

U.S. Awards First SPR Loans of 45.2 Million Barrels to Cool Oil Price Surge

Iraq and Kurdistan Restart Kirkuk–Ceyhan Oil Exports After Baghdad–Erbil Deal

Carnival Rolls Out 'Express Dining' for Under-an-Hour Dinners on 15 Ships, With Fleetwide Expansion by May

Australia Pulls Non-Essential Staff From Israel and UAE as Missions Close, Urges Citizens to Leave

Rand Paul Breaks With Trump on Iran, Warns GOP of ‘Disastrous’ 2026 Midterms

MSC Halts Gulf Exports as Maersk Suspends Bookings and Sets Emergency Rates

Saudi Arabia Lifts Oil Shipments as Aramco Confirms Jafurah Gas Start

Petrobras Says Licensing Delays Stall Equatorial Margin Drilling as It Weighs Africa Plays

Trump Targets Iran With Tariff Threat, Putting Hormuz Oil Chokepoint Back in Focus

Ukraine Claims New Strike on Ryazan Refinery as Rosneft Plant Remains Shut

Enbridge Approves $1.4 Billion Pipeline Expansion to Add 250,000 Bpd by 2027

U.S. Seeks 1 Million Barrels to Start Refilling Strategic Oil Reserve

Aramco CEO Urges ‘Realistic’ Transition, Sets Bigger Push Into Gas, Chemicals and AI

ONGC Sets $60–$65 Oil Strategy: Cost Cuts, Mumbai High Redevelopment, Trading JV

Petrobras Opens Tender for P-91 Búzios Platform to Expand Brazil’s Gas Supply

Saudi Wealth Fund Scales Back Megaprojects Following $8 Billion Impairment

South Korea Mobilizes Ministries to Contain Economic and Security Risks From Iran-Israel Conflict