Sunday, September 28, 2025
Oil prices drop as hopes fade for comprehensive U.S.-China trade deal - oil and gas 360

Oil prices drop as hopes fade for comprehensive U.S.-China trade deal

Source: Reuters Oil prices settled lower on Monday, paring earlier gains as hopes of a comprehensive U.S.-China trade deal faded and a new poll showed analysts expected U.S. oil crude inventories to have risen last week. Brent crude LCOc1 settled down 2 cents, or 0.03%, at $58.35 a barrel, after hitting a high of $59.68. U.S. West Texas Intermediate (WTI)

Occidental tentatively books oil supertanker for record $13.25 million to Asia - oil and gas 360

Occidental tentatively books oil supertanker for record $13.25 million to Asia

Source: Reuters   Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday. The Very Large Crude Carrier (VLCC) Maran Andromeda was chartered by Occidental on Friday for an estimated Nov. 20 departure, according to one shipbroker

Viper Energy Partners to offer $400 Million of senior notes

Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), announced today that it proposes to offer, subject to market conditions and other factors, $400 million aggregate principal amount of its senior notes due 2027 (the “Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities