Mind Money's Igor Isaev forecasts $55–$65 Brent prices for Q1 2026, details OPEC+ challenges, and identifies supply disruptions as the biggest wildcard.

The move will allow additional firms to join in the US-controlled effort to sell Venezuela’s oil.

Eneos Holdings Inc plans to expand its team to handle more oil-derivative trading at its overseas offices including Singapore, as it looks to increase its presence at major trading hubs.

LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ahead of results due on November 4. The oil major guided ...

Oil analysts who worked in Iraq say Iraqi oil sales had more protections after the U.S. invasion than Venezuelan oil sales today.

Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion. Shell maintained its quarterly share buyback of US$3.5 billion even as lower oil prices challenge its plan to boost investor returns through 2030.

The Trump administration awarded $500 million in contracts for Venezuelan oil sales to two firms with a history of bribery and corruption.

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand. Global oil inventories are rising, putting downward pressure on prices. At the same time, both OPEC+ and U.S. production are increasing amid relatively stable ...

Over the past decade, scores of Big Oil companies have set up separate trading divisions that frequently rake in billions in profits that help pad their bottom lines whenever oil and gas prices fall. In fact, the oil majors typically handle more barrels ...

Eneos beefing up its trading presence is part of a broader push to create more value across business sectors as oil markets kicked off the year with a high level of volatility.

The United ‌States ​is sanctioning ‍15 ​entities ​and 14 ⁠shadow fleet vessels connected ‌to the ​illicit trade ‌in ‍Iranian petroleum, ⁠petroleum products and ​petrochemical products, the State Department said on Friday.