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Oil prices climb from 2-month lows

Oil prices climb from 2-month lows as Trump axes Chevron's Venezuela license

Oil prices edged up from two-month lows on Thursday after U.S. President Donald Trump announced a reversal of a license given to Chevron to operate in Venezuela, potentially tightening crude supply.

The Wall Street Journal on MSN · 2h

Trump Reverses Course on Venezuela, Revoking Chevron Oil License

President Trump said Wednesday he was revoking a Biden-era license allowing Chevron to produce oil in Venezuela over what he said was strongman Nicolás Maduro’s failure to assist in deporting migrants.

The Associated Press - Busines… · 3h

Trump cuts financial lifeline for Venezuela’s government by ending permit to export oil to US

A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week.

Ukrainian drones attack oil refinery in Russia's Tuapse

Hosted on MSN · 52m

Ukraine Drone Swarm Target's Russia's Biggest Black Sea Oil Port

Ukraine continues to target Russia's energy facilities after striking a port on the coast of the Black Sea in a drone strike overnight.

Reuters on MSN · 12h

Ukraine says it hit Russian oil refinery, Moscow says it downs 83 drones in southern region

The Ukrainian military said on Wednesday it had attacked Russia's Tuapse oil refinery on the Black Sea coast and that at least 40 explosions had been recorded at the site. Tuapse is home to one of Russia's biggest oil refineries,

Ukrainian drones attack oil refinery in Russia's Tuapse – source

February, Ukraine's Defence Intelligence (DIU), in coordination with other units of the defence forces, launched an attack on the Tuapse oil refinery in Russia's Krasnodar Krai. Source: a security service source speaking to Details: The source indicates that the attack resulted in at least 40 explosions and a fire at the facility,

BP, British Oil

The New York Times · 9h

BP to Focus More on Oil and Gas in Strategy ‘Reset’

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

Houston Chronicle on MSN · 7h

BP shifts more to oil and gas production in a move to focus less on renewables

BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the company would "fundamentally reset strategy” to improve value for shareholders.

BP shuns renewables in return to oil and gas

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned funding for renewables by more than $5bn (£3.9bn). The move comes as rivals Shell and Norwegian company Equinor have also scaled back plans to invest in green energy and US President Donald Trump's "drill baby drill" comments have encouraged investment in fossil fuels.

Trump says US doesn't need Canada's oil

U.S. News & World Report · 17h

Analysis-Canada Wants New Oil Pipelines to Avoid Trump Tariffs; Nobody Wants to Build Them

Companies would be unwilling to consider a new pipeline proposal unless the federal government quickly amends the Impact Assessment Act, said Martha Hall Findlay, a former Liberal Member of Parliament and Suncor Energy Inc. executive, now director of the University of Calgary's School of Public Policy.

Bloomberg on MSN · 2d

Trump Wants Canada’s Keystone XL Oil Pipeline Built ‘Now’

US President Donald Trump said Monday he wanted to revive the Keystone XL oil pipeline, even though its developer has already walked away from the project.

TAG24 NEWS on MSN · 1d

Trump says US doesn't need Canada's oil – after calling for revival of Keystone XL pipeline plans

Trump on Monday called for the revival of the Keystone XL pipeline, which would carry oil from Canada to the US. So why did he make contrary remarks on Tuesday?

U.S. Crude Oil Stockpiles Fall

Wall Street Journal · 11h

U.S. Crude Oil Stockpiles Fall as Refineries Increase Runs

U.S. crude oil inventories fell last week, while gasoline and distillate fuel stocks increased as refineries stepped up their capacity use, according to EIA data.

MarketWatch · 1d

U.S. Crude Oil Stockpiles Seen Rising Further

U.S. crude oil inventories likely increased last week with refineries running at a slightly slower pace, while product stocks are expected to have declined, according to a survey by The Wall Street Journal.

Barron's · 19h

Oil Futures Add to Losses Despite U.S. Crude Stock Draw

Oil futures add to the previous day's losses as the market frets about the effect that U.S. trade tariffs could have on economic growth and oil demand. An unexpected 2.3 million barrel draw in U.S. crude stocks for last week does little for prices,

7hon MSN

Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine

Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war ...

10h

Oil & Gas Stock Flashing “Buy” Signal Right Now

AR has charged 47% higher. What’s more, today’s attempt to push higher may have additional support, if past is any precedent.

8h

Oil falls, settles at 2-month low as US fuel inventories rise

Oil prices fell to two-month lows on Wednesday as a surprise build in U.S. fuel stockpiles signalled demand weakness and a ...

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