Economics & Markets

More from Economics & Markets

361613265 © Daniil Peshkov | Dreamstime.com
pumpjacks, oilmarket
8638594 © Oleksandr Kalinichenko | Dreamstime.com
LNG cargo
23991536 © Colicaranica | Dreamstime.com
OPEC
May 7, 2025
Tariffs on consumables such as imported steel, OCTG, cement, and drilling fluids result in near-immediate price increases that will see higher costs passed directly to operators...
US Energy Information Administration
Brent crude oil spot price and global oil demand changes
May 6, 2025
In EIA’s forecast, increasing oil production outpaces annual oil demand growth. Rising inventories globally will result in Brent averaging $62/bbl in second-half 2025 and falling...
361613265 © Daniil Peshkov.jpg
250417_361613265__daniil_peshkov
May 5, 2025
This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.
May 2, 2025
Crude prices continued lower this week due to the ongoing tariff uncertainty, a barrage of negative economic signals, demand concerns and supply increases.
April 25, 2025
Crude oil markets rode the tariff elevator up-and-down this week while demand concerns and supply increases caused prices to fall week-on-week.