In an escalation of Middle East tensions, Israeli aircraft and drones launched early-morning strikes across Iran on Friday, targeting military and nuclear sites in what multiple...
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...
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...
Crude prices continued lower this week due to the ongoing tariff uncertainty, a barrage of negative economic signals, demand concerns and supply increases.