Brent crude hovers near $65 as traders await the outcome of this week’s Trump–Xi meeting in South Korea. From Black Gold to Blue Flame – US Dealmakers Pivot to Gas - The US oil industry’s consolidation drive has run out of steam as low-60 crude prices made it much harder for private equity firms to sell their undeveloped assets; however, gas deals still have a lot of room left. - According to Enverus, US upstream dealmaking dipped by almost 30% in Q3 2025, totalling only $9.7 billion with Crescent Energy’s $3…
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