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Oil Price - US shale patch slows down as oil prices sink

25-04-2025 02:05

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher.

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Oil Set For Weekly Loss on OPEC+ Supply Rumors

Crude oil prices are set for a weekly loss due to rumors of increased OPEC+ supply and renewed hopes for peace in Ukraine, despite slight gains in Brent and West Texas Intermediate benchmarks.

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Oil prices set for weekly loss on potential for more global supply

Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ceasefire in the Russia-Ukraine war may raise supply at the same time ...

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Oil prices may rise by a peso next week

Motorists will need to tighten their belts once more, as fuel prices are projected to increase by a peso next week.

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Oil prices settle up on weaker US dollar, mixed economic news

Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news, conflicting U.S. tariff signals and news from the Russia-Ukraine war.

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