Geopolitical Tensions Keep Oil Prices High Amid Stalled Iran Diplomacy
Oil Markets React to Diplomatic Maneuvers Crude oil markets experienced a minor pullback this week, yet geopolitical risk premiums maintain a strong upward trend across...
Tag : oil prices
BP Anticipates Significant Financial Shifts Amid Market Volatility in Q1 2026
BP released its trading statement for the first quarter of 2026. This financial update highlights significant impacts stemming from the ongoing geopolitical situation in the...
Release of strategic reserves, a real armor?
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Release of strategic reserves, a real armor? By Rubí Alvarado General Manager, Energy Capital Magazine To help compensate for the Russian oil shortage following the sanctions...
Crude Oil Lower; Recession fears weigh on-demand growth.
Crude Oil and its prices are under pressure this week. Rising interest rates in order to combat inflation might be counterproductive because of the curtailing...
Saudi Aramco, as the new world’s most valuable company, bumped Apple from the top spot.
Saudi Aramco, the oil giant, this Wednesday earned the title of the most valuable company in the world, above Apple. This revealed happened after the...
Oil rises as Covid – 19 cases fall in China
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Oil on the move Shanghai reports a 51% drop in coronavirus infections among its population. So far, cases are no longer coming from transmission among...
Oil States International, Inc. reported a net loss of $9.4 million for the 1Q 2022
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General results for Oil States Firstly, the oil Company generated revenues of $164.0 million and Consolidated EBITDA of $14.5 million. Secondly, these results compare to revenues...
Oil prices jump 4% as EU proposes ban on Russian oil
Oil prices jump this Wednesday in the European Union. They are the world’s largest trading bloc, and right now, they are open about their plans...
VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2021 Results and Provides 2022 Guidance
VAALCO Energy, Inc. shared the report they made for the fourth quarter and the entire year of 2021. The results showed an income of USD$34.4...
Wintershall cancels annual conference due to attacks on Ukraine
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Wintershall cancels annual conference due to attacks on Ukraine. By Ana Paula Ferrer. As a response to the current Russian attacks on Ukraine, Wintershall Dea,...