Energy

OPEC+ oil quotas Iran conflict illustration

Seven core OPEC+ members held oil production quotas flat for October on Sunday, leaving the group in a holding pattern as the Iran conflict continues to undercut its ability to move prices. With actual barrels flowing well below agreed targets due to Strait of Hormuz disruptions,...

Strait of Hormuz Tensions Push Brent Above $96

Brent crude surged to $96.06 a barrel on Friday – its steepest weekly rise since mid-July –...

US-Venezuela Move Risks Oil Market Disruption

The Trump administration’s move to secure a controlling stake in Venezuela’s oil sector has rattled major private energy companies, who...

U.S. Oil Giants Eye Venezuelan Oil Opportunities

ONEOK Doubles Midland Capacity with Brazos Buy

US Secures Stake in 65B Barrels of Venezuelan Oil

Oil Plunge as US Softens Iran Stance, Calm in Hormuz

Critical Oil Flow Halted: Brent Holds Over $91

Hormuz Traffic Plummets: Tehran Rejects US Claims

4 weeks ago

Iran’s Persian Gulf Strait Authority flatly rejected U.S. claims of dominance over the Strait of Hormuz on Wednesday, as vessel transit data showed traffic has plunged roughly...

Crude Oil Falls as U.S.-Iran Tensions Ease

1 month ago

West Texas Intermediate tumbled 4.5% to $80.89 a barrel on Monday after President Donald Trump said he had cancelled a planned military strike on Iran, draining the geopolitical...

chokepoint clearance crude price illustration

Crude Prices Dip Amid Chokepoint Clearance

1 month ago

Brent crude slipped 1.2% to $88 a barrel on Friday as rising tanker flows through the Strait of Hormuz partially offset geopolitical risk, even as U.S.-Iran diplomacy produced...

U.S.-Iran Tensions Ease: Crude Prices Tumble

1 month ago

West Texas Intermediate crude tumbled 4.9% to $84.93 a barrel on Monday as a halt to U.S. airstrikes on Iran and fresh Strait of Hormuz diplomacy cut the geopolitical risk premium...

Gas Tech Shields Baker Hughes from Oilfield Slump

1 month ago

Baker Hughes (BKR) topped second-quarter profit estimates on Tuesday, posting adjusted earnings of 63 cents per share against a 56-cent consensus, even as total revenue slipped...

Energy

Hormuz Traffic Plummets: Tehran Rejects US Claims

Crude Oil Falls as U.S.-Iran Tensions Ease

Crude Prices Dip Amid Chokepoint Clearance

U.S.-Iran Tensions Ease: Crude Prices Tumble

Gas Tech Shields Baker Hughes from Oilfield Slump

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