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Oil Price Newsletter
  • Nevada gas prices rise amid national decline 08 May 2025 21:54 GMT

    … United States. The average price of gasoline in Nevada is … . Nationally, the average gas price is nearly 49 cents less … for gas prices this year has been the cost of crude oil," said … 225.5 million barrels to 225.7 million barrels. Gasoline production …

  • Oil prices up 3% on US-China trade hopes 09 May 2025 01:36 GMT

    Listen to article NEW YORK: Oil prices rose around 3% on Thursday, … $62.82 a barrel. US West Texas Intermediate crude rose $1.79 … risk premium that was pushing oil prices up and down during the … , the OPEC+ will increase its oil output, pressuring prices.

  • Oil prices rise 3% on support from US-China trade hopes 08 May 2025 23:08 GMT

    … was likely to lower crude consumption growth. Analysts cautioned … Petroleum Exporting Countries and its allies in Opec+ will increase its oil … month price forecast for Brent to US$55 per barrel … drive Brent prices down towards US$50 per barrel on increased …

  • Tariff Relief For Sale - Price Tag? Buy American 09 May 2025 01:43 GMT

    … was a stretched-position unwind fueled by optics, momentum, and a … headlines faster than algos can price it in, and Brent could … the barrel. Iran is the last true wildcard left in the crude … deck anymore—the market is pricing in a world where fiscal …

  • FG hails milestones of naira-for-crude deal 09 May 2025 01:19 GMT

    … through local sales of crude oil and refined petroleum products has recorded significant … have failed. The 650,000 barrels per day capacity refinery lamented … US dollar and guarantee price stability of petroleum products, the Federal Executive …

  • Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins 08 May 2025 23:55 GMT

    Despite slumping oil prices, global refiners are turning … $16 per barrel, $7 margins in Singapore for Dubai crude, and a … boost for refiners.  Marathon Petroleum posted a Q1 loss, citing … analysts’ expectations despite a soft crude price deck. Other major U.S …

  • Here's how much cheaper it is to service an EV compared to a petrol, diesel or hybrid car over five years 09 May 2025 00:55 GMT

    … on data supplied by automotive analytics provider Clear … Servicing Costs Petrol / Diesel / Hybrid Cars Electric Cars EV … The Car Expert * Percentages increase compared to 2024 prices  The … trend: electric vehicles consistently cost less to maintain, …

  • Texas oil drilling applications at 4-year low as producers consider OPEC+ increase, trade war 08 May 2025 22:46 GMT

    … trade conflict continuing to impact crude prices. Enverus reports that operators in … in demand for oil. OPEC+, the Organization of Petroleum Exporting Countries, and … .S. crude oil production in April. This equated to 6.39 million barrels per …

  • EIA forecasts crude price down, gas up - 05/11/2025 08 May 2025 23:38 GMT

    … the Brent spot oil price to average $66 per barrel this year, down … 2026. Brent averaged $68 per barrel in April, the agency said … . Click here to subscribe to Petroleum News for as low as … 05/08/2025) | Petroleum News - Phone: 1-907 …

  • Segregated OMO market fuels yield gap with Treasury Bills 08 May 2025 22:30 GMT

    … liquidity management to achieve price stability. Last week, … threefold increase in interest costs in 2024. Higher … usefulness. It distorts market pricing, undermines efficient liquidity management, … Nigeria’s major source, crude oil, due to low production …

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