oil news - Search News

Oil prices extend slide on tariff worries, OPEC+

MarketWatch on MSN · 5h

Oil prices steady after fall to 6-month lows on tariff worries, OPEC+ supply

Oil futures were little changed early Thursday, attempting to find their footing after ending the previous session at six-month lows.

The New York Times · 1d

Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.

Investopedia on MSN · 1d

Why Oil Prices Plunged to Multi-Year Lows After Trump's Tariffs

Crude oil futures tumbled to trade near their lowest levels in years on Wednesday as jitters about U.S. tariffs and a surprising production hike from OPEC+ rattled commodities markets.

windfall tax, North Sea and Oil & Gas

UK plans to overhaul windfall oil and gas tax

Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.

UK government to end North Sea windfall tax in 2030

The UK government announced a windfall tax on profits made by firms in the North Sea would end in 2030 The UK government has announced that the windfall tax on profits made by energy firms in the North Sea will end in 2030.

The Financial Times · 1d

New North Sea tax would peg payments to oil and gas prices

UK oil and gas drillers face a new tax that would see them pay more if global prices rise, under proposals to overhaul the North Sea duties regime in the wake of the energy crisis. The mechanism would replace the controversial “windfall tax”,

7hon MSN

U.S. will collapse Iran's economy by shutting down its oil industry, Treasury Secretary says

Trump has launched a maximum pressure campaign on Iran but has also said he wants to negotiate a nuclear deal with the ...

2hon MSN

Venezuela to Reinvest Debt Owed to Chevron in Local Oil Industry

Venezuela will reinvest the debt it owes to Chevron Corp. after US President Donald Trump gave the oil giant one month to ...

7h

Iraqi Kurdistan oil export talks end without deal despite US push

A U.S. diplomat will attend a planned meeting in Baghdad on Thursday on the resumption of Kurdish oil exports via Turkey's ...

2d

Talks to Resume Kurdish Oil Exports Postponed to Thursday After Financial Disputes

The meeting was called after repeated statements by Iraqi oil minister Hayan Abdel-Ghani and his government said that the ...

22h

China’s Fuel Production Cuts Could Undermine Global Oil Demand

China’s pushing its oil refiners to reduce fuel output, raising new questions about demand in the largest importing nation ...

3h

Mexico president says problems with salt content in crude oil solved

Mexican President Claudia Sheinbaum said on Thursday that problems with a higher-than-usual content of salt in the crude oil ...

2d

Cod liver oil embraced amid Texas measles outbreak; doctors fight misinfo

US Health Secretary and long-standing anti-vaccine advocate Robert F. Kennedy Jr. is facing criticism for his equivocal ...

5hon MSN

Oil snaps 4-day losing streak but remains stuck below $70 a barrel

Oil futures finished with small gains Thursday, snapping a four-day losing streak after ending the previous session at nearly ...

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