Berkshire Hathaway nears $10 billion deal for OxyChem

03 Oct 2025 The sale would carve out one of the world’s largest standalone petrochemical companies. OxyChem generated nearly $5 billion in revenue in the 12 months to June 2025 and has been a key cash generator for Occidental.

02 Oct 2025

Oil drop to 16-week low on US shutdown and OPEC+ uncertainty

Oil prices fell for a third consecutive session on Wednesday, settling at their lowest levels in four months as a US government shutdown raised concerns over global growth

02 Oct 2025

EIA: Crude stock build as imports ticked higher, exports eased

US commercial crude inventories rose in the week ending 26 September, with resilient product demand offsetting an uptick in crude imports

01 Oct 2025 Brent NYMEX

Oil extended loses on OPEC+ supply concerns and Kurdish export resumption

Oil prices retreated on Tuesday as investors weighed the prospect of a supply glut amid signals that OPEC+ may accelerate production increases next month

30 Sep 2025

Oil declined 3% as OPEC+ output and Kurdistan flows weigh on market

OPEC+ is expected to approve a November output increase of at least 137,000 barrels per day, reflecting a strategic focus on regaining market share

30 Sep 2025

Official data: China’s manufacturing contraction eased in September as production strengthened

China’s manufacturing downturn eased in September, with official data showing the strongest factory momentum in six months despite activity remaining in contractionary territory.