While the EU is lobbying to lower the G7’s $60-per-barrel price ... The price cap, first introduced in 2022, aims to restrict Russia’s oil revenue by banning Western firms from insuring ...

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Despite the Trump administration’s push to expand drilling, oil executives criticize the instability caused by tariffs and low oil prices ... Their bottom-lines are also shrinking amid falling ...

Prices were also supported by data from energy company Baker Hughes that showed U.S. firms, pressured by lower oil prices, cut the number of active oil rigs by 8 to 465 last week, the lowest since ...

It said, "Global crude oil prices to continue to trade with a downside bias.... We subsequently further lower our Brent crude oil forecasts that are expected to trade in $60/bbl to $70/bbl range ...

Oil has been trending lower since mid-January as the fallout from Trump’s sweeping tariffs and retaliatory measures weigh on the outlook for demand. Plans by OPEC+ to boost idled production has ...

Washington (CNN) — No oil was visible in the gauge on the right engine’s oil reservoir after a February Delta Air Lines flight filled ... to the airport, a low oil pressure alarm for the ...

Prices were also buoyed by data from energy services firm Baker Hughes that showed U.S. firms, under pressure from lower oil prices, cut the number of operating oil rigs by 8 to 465 last week ...

WASHINGTON, D.C. (7News) — This Memorial Day Monday, you can plan for decreasing clouds with seasonable temperatures and low humidity. Monday's temps will be around the mid-70s. MORE | TRACK ...

A low oil pressure alarm from the right engine sounded in the cockpit once the plane returned to the airport and the engine was shut down. Passengers were evacuated from the aircraft and of the 97 ...

Oil futures settled lower for a second straight session after a rally on a report that Israel may be preparing to attack Iran's nuclear facilities fizzled out. U.S. Crude Oil Stockpiles Rise for ...