{"id":31539,"date":"2025-01-25T15:23:36","date_gmt":"2025-01-25T15:23:36","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/01\/25\/the-oil-crisis-fuelled-by-russias-war-is-evaporating-and-so-are-the-profits\/"},"modified":"2025-01-25T15:23:36","modified_gmt":"2025-01-25T15:23:36","slug":"the-oil-crisis-fuelled-by-russias-war-is-evaporating-and-so-are-the-profits","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/01\/25\/the-oil-crisis-fuelled-by-russias-war-is-evaporating-and-so-are-the-profits\/","title":{"rendered":"The oil crisis fuelled by Russia\u2019s war is evaporating \u2013 and so are the profits"},"content":{"rendered":"<p>Results from Shell and Exxon this week will be weaker \u2013 and Trump\u2019s desire to drill may result in oversupply<\/p>\n<p>Almost three years ago, Russia\u2019s invasion of Ukraine wiped out Europe\u2019s largest source of gas and shocked global energy markets, setting the stage for quarter after quarter of better-than-expected earnings for the fossil fuel producers ready to profit from the volatility. Now those returns are beginning to cool.<\/p>\n<p>But as markets have reduced to a simmer, oil executives have warned that profits are also going off the boil. A glut of new oil and gas projects, stoked by a <a href=\"https:\/\/www.theguardian.com\/environment\/2025\/jan\/22\/trump-big-oil-energy-priorities-explained\">pro-fossil-fuel agenda from the White House,<\/a> could mean weaker markets in the future too.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2025\/jan\/25\/the-oil-crisis-fuelled-by-russias-war-is-evaporating-and-so-are-the-profits\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Results from Shell and Exxon this week will be weaker \u2013 and Trump\u2019s desire to drill may result in oversupply Almost three years ago, Russia\u2019s invasion of Ukraine wiped out Europe\u2019s largest source of gas and shocked global energy markets, setting the stage for quarter after quarter of better-than-expected earnings for the fossil fuel producers &#8230; <a title=\"The oil crisis fuelled by Russia\u2019s war is evaporating \u2013 and so are the profits\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/01\/25\/the-oil-crisis-fuelled-by-russias-war-is-evaporating-and-so-are-the-profits\/\" aria-label=\"Read more about The oil crisis fuelled by Russia\u2019s war is evaporating \u2013 and so are the profits\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31539","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/31539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=31539"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/31539\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=31539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=31539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=31539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}