As of October 30, 2025, the global crude oil market is experiencing a significant upheaval, largely driven by exceptionally strong refining margins. This phenomenon, fueled by a confluence of geopolitical tensions, supply chain disruptions, and robust demand for refined products, is creating a lucrative environment for refiners while simultaneously introducing
Brent crude prices had dropped to nearly $60 per barrel earlier this month amid concerns over OPEC+ oversupply and a spike in trade tensions between the U.S. and China.
London, October 30, 2025 − The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the third quarter of 2025 of US$ 0.358 per ordinary share.
As the financial world braces for another crucial earnings season, all eyes are turning to energy titan ExxonMobil (NYSE: XOM), whose third-quarter 2025 financial results are set to be unveiled on Friday, October 31, 2025. With the current date being October 29, 2025, the market is rife with anticipation, dissecting
The US Mont Belvieu butane market is currently grappling with a significant downturn, as prices have been in a state of sustained weakness throughout late 2025. This persistent slump is primarily attributable to a confluence of factors: an oversupply of butane stemming from robust domestic production and elevated inventories, coupled
As of late October 2025, the global financial landscape is witnessing a striking divergence in commodity markets, with gold prices surging to unprecedented highs while crude oil values experience a notable dip. This contrasting movement is sending ripple effects across industries, creating distinct winners and losers, and signaling a heightened
John Nitti, who served as global head of revenue operations and advertising innovation at X, has left the social media company after just 10 months in the role, according to a report by the Financial Times on Friday.
Shell's (NYSE: SHEL) ongoing legal challenge in South Africa against a landmark court ruling has cast a long shadow over the nation's aspirations for offshore oil and gas exploration. As of late October 2025, the energy giant, alongside the South African Minister of Mineral and Petroleum Resources, Gwede Mantashe, awaits
China has voiced its opposition to the U.S. sanctions on Russia's oil companies, emphasizing the need for sanctions to be in line with international law. Meanwhile, the European Union (EU) imposed fresh Russian sanctions on Thursday.
The global oil market is experiencing a significant revival, a trend profoundly impacting key players within the energy sector. Leading this charge in the offshore drilling segment is Transocean (NYSE: RIG), whose recent strategic financial maneuvers and burgeoning contract backlog have ignited an "upward volatile swing" in its stock performance.
The U.S. upstream oil and gas sector witnessed a significant and concerning downturn in mergers and acquisitions (M&A) activity during the third quarter of 2025. Deal values plummeted to a mere $9.7 billion, marking the third consecutive quarterly decline and extending a trend that saw a 60%
