London, October 21, 2025, (Oilandgaspress) –––WTI crude fell below $60 per barrel as easing Middle East tensions and weak China–U.S. sentiment erased much of oil’s geopolitical risk premium
Bentley Motors names British actor Lucien Laviscount as a global brand ambassador, after sparking excitement during recent appearances at Bentley events. From Goodwood Festival of Speed to the Joe & the Juice partnership launch, Laviscount’s presence has fuelled speculation among fans – now confirmed as he begins a new chapter with the marque.
Growing up in Burnley, Laviscount’s first memory of seeing a Bentley “in the wild” was while playing football in the back streets: “everyone just stopped”, he recalls. That sense of presence stayed with him, and more than 25 years later, Laviscount is the driver of a bespoke Mulliner Continental GT Speed, in Onyx, with a Beluga and Fern Green interior, and Galaxy Stone veneers. His role will see him continue to meet Bentley audiences at key events throughout the year, and he is set to collaborate with the recently announced External Creative Directors, Mai Ikuzawa and Greg Williams, on the production of an upcoming shoot and campaign. The high-profile actor has a lead role in Netflix’s ongoing hit show Emily in Paris. He is also the global face of Dolce & Gabbana Men and an ambassador for Formula E. Read More
China’s lacustrine shale oil production China’s first national-level lacustrine shale oil demonstration zone, achieved cumulative oil production exceeding 5 million tons. Shale oil is an emerging hydrocarbon resource with significant development potential, yet it is widely recognized as a challenge to extract. In the Jimsar Shale Oil Demonstration Zone, the reservoirs are buried deeper than 3,800 meters, with permeability at one ten-thousandth of conventional reservoirs, making its extraction akin to “squeezing oil from a grindstone”. After years of efforts, the Jimsar Shale Oil Demonstration Zone has established China’s lacustrine shale oil industry standard system and a full-chain technology system, and summarized an efficient production model integrating drilling, fracturing and production. Since the beginning of 2025, 48 wells have been drilled in the demonstration zone, boosting its daily output to over 5,000 tons for the first time. A new record has also been set for the drilling speed, with a horizontal well achieving daily drilling footage of 1,860 meters. Additionally, the country’s first “unmanned inspection” oil production management area has been established, where 24-hour intelligent operation and maintenance are enabled through digital control. Read More
Lamborghini unveils its Aftersales program A Lamborghini is far more than a car. It is a timeless piece of art, an icon of design and performance that deserves to be preserved in perfect condition throughout its entire lifecycle. Guided by this vision, Automobili Lamborghini continues to push the boundaries of after-sales excellence, ensuring that every vehicle maintains its brilliance for years — and decades — to come.
At the heart of this commitment lies Lamborghini’s ability to “defeat time.” Through a comprehensive suite of after-sales services and products, the brand provides owners with everything they need to safeguard the integrity, performance, and emotional power of their vehicle from the moment of delivery and beyond. Lamborghini’s aftersales vision also honors its storied past. Through the dedicated Certification of Authenticity program, owners of vintage Lamborghini models are given the opportunity to preserve and enhance the historical value of their cars. This initiative not only protects the legacy of these rare vehicles but ensures that their heritage continues to shine for generations. Read More
Ferrari N.V. announced that its wholly-owned Italian subsidiary, Ferrari S.p.A., has renewed its multi-year partnership with Bitdefender, a global leader in cybersecurity. Read More
The veil was lifted on a new Ferrari One-Off model from the Special Projects programme: the Ferrari SC40. Designed by Ferrari’s Styling Centre under the direction of Flavio Manzoni, the SC40 is a mid-rear-engined V6 that takes its architecture, chassis, and powertrain from the 296 GTB. The Ferrari SC40 thus joins the most exclusive segment of the range — that of unique, tailor-made cars, designed and built around the desires of a single client, representing the highest expression of Ferrari’s personalisation philosophy.
The car’s name pays tribute to the F40, the legendary Ferrari supercar unveiled in July 1987. The SC40 echoes its sharp, angular lines, which are skillfully combined with softer surface transitions, giving the car a contemporary feel and a strong, unmistakable identity.
The SC40 is an entirely new and unique design. The “SC40” script engraved in relief on the side of the wing is a clear homage to the iconic Ferrari supercar, yet the goal was not to create a literal reinterpretation, but rather a model with its own distinct personality.
The styling theme draws inspiration from industrial design, defined by precise geometries and muscular, squared volumes. The proportions feature a long, low nose balanced by a short rear overhang and a high, fixed rear wing — painted in the car’s bespoke SC40 White — which flows from the body’s flanks. The fixed wing extends vertically from the engine cover and merges seamlessly with it, highlighted by a black separation line that enhances the black rear fascia. This area is composed of an open mesh revealing the mechanical and structural components beneath. The V6 engine is showcased through distinctive, smoked Lexan® louvres, which connect visually to the lower air intake and are echoed by smaller louvres carved into the muscular rear wings near the wheelarches. The sculpted rear section is completed by a central exhaust produced in additive manufacturing and featuring titanium and carbon-fibre tips, and by taillights that clearly hint at the 296 GTB which the car is based on. Read More .
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $58.16 | Up |
| Crude Oil (Brent) | USD/bbl | $62.24 | Up |
| Bonny Light 17/10/25 CBN | USD/bbl | $61.84 | — |
| Dubai | USD/bbl | $63.15 | Down |
| Natural Gas | USD/MMBtu | $3.46 | Up |
| Murban | USD/bbl | $64.36 | Up |
| OPEC basket 21/10/25OPEC | USD/bbl | $62.04 | Up |
| At press time October 22, 2025 . |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Victor Cole , victor@oilandgaspress
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