Energy

Oil prices rebound: what’s driving the rally and what comes next for investors

April 23, 2025 10:03 PM AEST| By Invezz

Oil prices have bounced back, climbing over 3% in just a few days. Crude oil has climbed to $80 early on in 2025, before falling 25% down to below $60 per barrel only a few days ago. Charts do not tell the full picture as oil prices are rarely this v...

Crude oil may not have much upside potential as oversupply grips market

April 15, 2025 12:14 AM AEST| By Invezz

There is no dearth of crude oil in the world right now. If anything, the world is floating in too much crude. Fears of a significant oversupply in the market had been exacerbated by the Organization of the Petroleum Exporting Countries and alli...

BP shares decline following weak Q1 gas trading forecast and rising debt

April 11, 2025 08:54 PM AEST| By Invezz

BP’s shares fell in early trading Thursday after the energy group announced it expects weak first-quarter gas marketing and trading earnings and a rise in net debt. The release provides an initial look into BP’s quarterly results amidst i...

Brazil plans offshore oil auction amid fiscal pressures: here’s what we know

April 11, 2025 02:08 AM AEST| By Invezz

Brazil’s government is preparing to auction off stakes in offshore oil fields this year, focusing on uncontracted portions of its lucrative pre-salt deposits. According to Reuters, two sources familiar with the matter said the initiative serves both...

Oil market sheds tariff pause optimism as weak demand and oversupply drag prices

April 10, 2025 04:00 PM AEST| By Invezz

Oil prices retreated on Thursday as trade tensions between the US and China escalated. This comes even as Trump reciprocal tariffs on most trading partners for 90-days. However, the sentiments in the oil market soured after Trump raised t...

Analysis: What does OPEC’s supply increase means for oil prices?

April 04, 2025 09:52 PM AEDT| By Invezz

The surprising decision of the Organization of the Petroleum Exporting Countries and allies to increase oil production by a hefty amount for May leaves the market better supplied over April-June. However, there is still uncertainty around this....

OPEC+ likely to discuss Kazakhstan’s overproduction issue at Thursday meeting

April 03, 2025 01:53 AM AEDT| By Invezz

In a meeting scheduled for Thursday, eight OPEC+ member countries will convene to address the pressing issue of Kazakhstan’s consistent overproduction of its assigned output quota, Reuters reported on Wednesday. The primary focus of the d...

Russia tightens control over oil exports with new port restrictions at Novorossiisk

April 02, 2025 09:49 PM AEDT| By Invezz

Russia, a major player in the global oil market as the world’s second-largest oil exporter, has taken more steps to tighten control over its oil export routes. In a recent move, Russia has imposed restrictions on a significant oil export...

Russia orders shutdown of Kazakhstan’s key oil export moorings

April 01, 2025 10:57 PM AEDT| By Invezz

Kazakhstan’s primary oil export terminal, responsible for handling crude oil pumped by US giants Chevron and Exxon Mobil, has been ordered by Russia to shut down two of its three moorings, according to a Reuters report. This move comes am...

Russia, US discuss potential cooperation on rare earth minerals projects

March 31, 2025 07:35 PM AEDT| By Invezz

President Vladimir Putin’s investment envoy announced in a statement released on Monday that Russia and the United States have initiated discussions on collaborative rare earth metals and other projects within Russia, with some companies alread...

Why Europe’s diesel imports are falling despite ample Atlantic supplies

March 29, 2025 07:50 PM AEDT| By Invezz

The Atlantic Basin has seen seasonal highs in diesel flows multiple times in 2024, with this trend continuing into early 2025. “Last year, high run rates in the US Gulf, steady exports from East of Suez refiners and an increasing volume of Russian ba...

Why did activist investor Elliott build a short position in Shell stock?

March 29, 2025 01:28 AM AEDT| By Invezz

Shell PLC (NYSE: SHEL) is in focus this morning after activist investor Elliott Investment Management announced a sizable short position in the British oil major. Elliott has built an £850 million ($1.1 billion) position against the company based out...

Why is EU considering deregulation of energy laws amid economic concerns?

March 28, 2025 05:31 PM AEDT| By Invezz

The European Commission, the executive arm of the European Union, is actively exploring potential revisions to the existing EU energy laws. This initiative is part of a broader package of proposals aimed at reducing the regulatory burden curren...

Trump’s tariff threats cast uncertainty over Venezuelan oil trade with China

March 26, 2025 05:11 AM AEDT| By Invezz

Venezuelan oil exports to China faced disruption on Tuesday after US President Donald Trump announced a 25% tariff on countries importing Venezuelan crude, effective April 2. The move deepens market uncertainty, especially following recent U.S. restr...

Brent crude climbs above $73 amid renewed tensions over Venezuela oil

March 25, 2025 07:59 PM AEDT| By Invezz

Oil prices have continued to rise on Tuesday after US President Donald Trump on Monday announced that America will impose 25% tariffs on countries buying oil and gas from Venezuela. Trump’s announcement of secondary sanctions targeting co...

Inside Shell’s new strategy to boost investor returns, increase focus on LNG

March 25, 2025 07:54 PM AEDT| By Invezz

British oil major Shell announced plans on Tuesday to increase shareholder distributions and cut expenditures as it sharpens its focus on liquefied natural gas (LNG). The company said it would raise shareholder payouts to 40-50% of cash flow from ope...