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Oil prices rebound over 2% on geopolitical fears, but global supply glut, Saudi cuts loom
Invezz· 2025-12-29 21:00
Oil prices jumped on Monday on potential disruptions in oil supply from the Middle East. At the time of writing, the price of West Texas Intermediate crude oil was at $58 per barrel, up 2.2%, while B... ...
FRONTERA ENERGY CORPORATION ANNOUNCES NEW $120 MILLION PREPAYMENT AND COMMERCIAL AGREEMENT WITH CHEVRON
Prnewswire· 2025-12-29 20:14
CALGARY, AB, Dec. 29, 2025 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (OTCQX: FECCF) ("Frontera" or the "Company") announced today that the Company's Colombian subsidiary has entered into a $120 million prepayment and commercial agreement with Chevron Products Company ("Chevron"). Under the prepayment and commercial agreement (the "Agreement"), the Company will receive an initial advance of $80million and commit to deliver a portion of its crude oil production for a period of two years to Chevro ...
ADNOC Ends 2025 With $13 Billion Financing Push
Yahoo Finance· 2025-12-29 19:20
Abu Dhabi National Oil Company ended 2025 in style with two financing deals that amount to $13 billion across both conventional and lower-carbon investments. The first of these deals is the $11 billion in project financing for the Hail and Ghasha offshore gas development, one of the Middle East’s largest and most technically complex sour gas projects. The second project was the $2 billion green financing facility backed by Korea Trade Insurance Corporation (K-SURE). Together, the transactions underscore A ...
Saudi Arabia may lower February crude prices to Asia for a third month
Reuters· 2025-12-29 17:09
沙特原油定价策略 - 沙特阿拉伯作为全球最大石油出口国 预计将连续第三个月下调其旗舰产品阿拉伯轻质原油对亚洲买家的二月官方售价[1] - 此次调价反映了即期现货市场的价格下跌 主要原因是市场供应充足[1]
TD Securities Raises Cenovus Energy (CVE) Price Target After Review
Yahoo Finance· 2025-12-29 16:25
Cenovus Energy Inc. (NYSE:CVE) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio. TD Securities Raises Cenovus Energy (CVE) Price Target After Review On December 3, TD Securities analyst Menno Hulshof raised the firm’s price target on Cenovus Energy Inc. (NYSE:CVE) to C$29 from C$28 and kept a Buy rating on the shares. On December 11, the company laid out its 2026 capital budget and updated corporate guidance. Cenovus Energy Inc. (NYSE:CVE) said it expects capital investment to ...
Proxy Solicitation Made by Public Broadcast - Document Containing the Information Required by Form 51-102F5 Information Circular - In Respect of Shareholder Nominees for Election as Directors of Tuktu Resources Ltd.
TMX Newsfile· 2025-12-29 10:00
Calgary, Alberta--(Newsfile Corp. - December 28, 2025) - Information Regarding this Document This document is being filed pursuant to section 9.2(6)(a) of National Instrument 51-102 – Continuous Disclosure Obligations and Alberta Securities Commission Blanket Order 51-520 in accordance with securities laws applicable to public broadcast solicitations in connection with the proposed solicitation by Tim de Freitas, Jim Masikewich and Kent Busby being certain concerned shareholders (the "Concerned Shareholder ...
Banks Are Unanimously Bearish On Oil – Is It The Contrarian Opportunity For 2026? - ConocoPhillips (NYSE:COP), United States Oil Fund (ARCA:USO)
Benzinga· 2025-12-29 02:30
Oil is closing 2025 as one of the negative-performing assets. Despite starting the year with a rally, oil's movement soon became typical bear-market dynamics. Consistent price decline interrupted by volatile, sharp double-digit rallies.Still, even in that environment, oil majors saw significant performance discrepancies. ConocoPhillips (NYSE:COP) lost 8.3% year-to-date, while Exxon Mobil (NYSE:XOM) squeezed a double-digit gain of over 11%.Going into 2026, oil has become one of the most consensus-bearish ass ...
Here’s What Wall Street Thinks About EOG Resources (EOG)
Yahoo Finance· 2025-12-28 23:59
EOG Resources, Inc. (NYSE:EOG) is one of the Best Affordable Stocks to Buy According to Analysts. On December 19, Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Buy rating on EOG Resources, Inc. (NYSE:EOG) with a $150 price target. Earlier on December 17, analyst Josh Silverstein from UBS also reiterated a Buy rating on the stock and lowered the price target from $144 to $141. The ratings come ahead of the company’s fiscal Q4 2025 earnings release, which is scheduled for February 27. Wall ...
Roth MKM Remains a Buy on Permian Resources Corporation (PR)
Yahoo Finance· 2025-12-28 23:59
Permian Resources Corporation (NYSE:PR) is one of the Best Affordable Stocks to Buy According to Analysts. On December 22, Leo Mariani from Roth MKM reiterated a Buy rating on the stock with a price target of $16. Earlier on December 12, Josh Silverstein from UBS also reiterated a Buy rating on Permian Resources Corporation (NYSE:PR) and raised the price target from $17 to $19. Analyst Josh Silverstein from UBS noted that after three years of limited gains, he sees 2026 to be a promising year for the ene ...
Brazil labor court orders 80% of Petrobras workforce to stay in place
Reuters· 2025-12-28 23:00
Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike. ...