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Oil at $100 Promises Boon for Algeria Share your comments
The North African nation of 47 million people has long relied on some of the continent's largest oil and gas reserves to pay for many of its subsidies.
8:00 AM EST | March 14, 2026
Brent Holds Above $100 as Conflict Drags
Brent closed above $100 for a second session while traders weigh war risks and extreme volatility.
5:13 PM EST | March 13, 2026
Mines Across Hormuz Would Create Lethal Barrier Share your comments
Iran has vowed to keep the strait closed, but whether it's actually mining the area is contested.
5:00 PM EST | March 13, 2026
Analyst Warns of 'Big, Big Risk' for Oil Over Weekend Share your comments
No one in their right mind would dare to sit short oil over the coming weekend, SEB Chief Commodities Analyst Bjarne Schieldrop said.
6:19 AM EST | March 13, 2026
Brent Closes Above $100 Amid Gulf Crisis
Oil surged as Gulf supply disruptions pushed Brent above $100 for the first time since 2022.
5:58 PM EST | March 12, 2026
USA Oil, Gas Hiring Remains Disciplined Share your comments
U.S. oil and gas hiring 'remains disciplined, not aggressive', Brian Binke, the President and CEO of Michigan based the Birmingham Group, told Rigzone.
11:31 AM EST | March 12, 2026
USA Eyes Hormuz Escorts by April Share your comments
The U.S. Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.
11:11 AM EST | March 12, 2026
Oil Market Shrugs Off 400MM Barrel IEA Reserve Release Share your comments
'Threats to the energy structure in the Middle East have kept oil prices bid', Aaron Hill, Chief Market Analyst at FP Markets, said.
6:16 AM EST | March 12, 2026
Crude Settles Higher as Conflict Grows
Oil climbed sharply as traders focused on supply disruptions from the Iran conflict despite a massive global reserve release.
3:39 PM EST | March 11, 2026
IEA to Release Record 400MM Barrels From Oil Reserves Share your comments
The International Energy Agency agreed to discharge 400 million barrels from emergency oil reserves.
12:54 PM EST | March 11, 2026
North America Drops 8 Rigs WoW Share your comments
North America dropped eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
12:43 PM EST | March 11, 2026
EIA Boosts Brent Forecast in Wake of Iran Conflict Share your comments
The U.S. Energy Information Administration increased its Brent spot price forecast for 2026 and 2027 in its latest short term energy outlook.
7:59 AM EST | March 11, 2026
War Creating Most Severe Energy Disruption Since 1970s Share your comments
The escalating war between the U.S., Israel, and Iran is creating the most severe disruption to global energy markets since the 1970s, GlobalData said.
6:16 AM EST | March 11, 2026
Oil Drops Most Since 2022 on Hormuz Chaos
Oil prices plunged after conflicting US signals about tanker escorts through the Strait of Hormuz rattled markets.
4:11 PM EST | March 10, 2026
Aramco CEO Warns of Oil Market Catastrophe in Prolonged War Share your comments
Saudi Aramco's chief executive officer warned the impact on global oil markets will be 'catastrophic' the longer the disruption from the Iran war drags on.
4:00 PM EST | March 10, 2026
DOI Moves to 'Cut Red Tape' for Offshore Oil, Gas Share your comments
'For too long, Washington red tape has strangled American energy producers and held back small businesses', Interior Secretary Doug Burgum said.
11:31 AM EST | March 10, 2026
Market Spinning After 'Most Epic Price Reversal in Oil History' Share your comments
The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone on Tuesday.
7:02 AM EST | March 10, 2026
Trump Teases Early End to Iran War Share your comments
Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.
4:43 AM EST | March 10, 2026
Oil Slides Late After Massive Price Swings
Oil swung wildly Monday as fears over the Strait of Hormuz collided with signals the US-Iran conflict may soon wind down.
4:27 PM EST | March 09, 2026
Iran Names New Supreme Leader as Trump Downplays Oil Spike Share your comments
Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Donald Trump called $100 oil a 'small price to pay'.
11:14 AM EST | March 09, 2026
Attention Shifting to Kharg Island Share your comments
'The island has evolved into the backbone of Iran's export system', J.P. Morgan analysts stated.
8:03 AM EST | March 09, 2026
Analyst Flags 'Incredible' Oil Price Moves Share your comments
'These are just incredible moves', Aaron Hill, Chief Market Analyst at FP Markets, said.
5:23 AM EST | March 09, 2026
Analyst Explains Friday's Oil Price Rise Share your comments
Rigzone talks to Rebecca Babin, a senior equity trader for CIBC Private Wealth in New York.
10:56 AM EST | March 06, 2026
JMIC Says Strait of Hormuz Shipping is at Near Total Halt Share your comments
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours.
9:30 AM EST | March 06, 2026
War Sees Energy Exporters Scramble for Routes Out of Gulf Share your comments
The widening conflict in the Middle East is stoking fears over a global energy crunch.
9:23 AM EST | March 06, 2026
Analysts See 'Significant Yet Short Lived' Oil Price Rallies Share your comments
Analysts at BMI, a Fitch Solutions company, revealed that they expect 'significant yet short lived rallies in oil and gas prices'.
7:22 AM EST | March 06, 2026
UK Oil, Gas Industry Meets with Chancellor Share your comments
'At a time of huge global uncertainty, the UK should be making decisions for the long term in the interests of energy security', OEUK CEO David Whitehouse said.
5:21 AM EST | March 06, 2026
Oil Settles Near 20-Month High
Oil prices surged to their highest levels in nearly two years as the Middle East conflict threatens global energy flows.
5:04 PM EST | March 05, 2026
Maritime Groups Comment on Middle East Situation Share your comments
INTERTANKO and OCIMF have issued a joint statement on the situation in the Middle East.
10:35 AM EST | March 05, 2026
Saudi Arabia Races to Reroute Oil Share your comments
Saudi Arabia is diverting millions of barrels of oil to its Red Sea ports.
9:46 AM EST | March 05, 2026
JP Morgan Warns DFC Insurance Cap is Too Small for the Risk Share your comments
J.P. Morgan analysts highlighted that 'to reopen the Strait, President Trump announced on Tuesday that the U.S. will escort and insure all commercial vessels transiting Hormuz, leveraging the DFC'.
7:26 AM EST | March 05, 2026
Are We Heading for an All-Out War in the Middle East? Share your comments
Rigzone talks to Benjamin Zycher, a Senior Fellow at the American Enterprise Institute, and Doug Bandow, a Senior Fellow at the Cato Institute.
6:28 AM EST | March 05, 2026
EU Sees No Energy Supply Concern from Mideast War for Now Share your comments
The EU does not expect immediate impact from the fresh Middle East conflict on the security of oil and gas supply in the bloc, even amid a stoppage of flows from the Druzhba oil pipeline.
5:12 AM EST | March 05, 2026
Crude Volatile as Hormuz Risks Increase
Oil fluctuated as the Iran war disrupts Gulf energy flows and threatens global supply routes.
3:54 PM EST | March 04, 2026
North America Drops 11 Rigs WoW Share your comments
North America dropped 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
10:26 AM EST | March 04, 2026
Russian Oil Remains Cheap Share your comments
Russia's flagship crude blend is still trading at deep discounts despite a global oil rally.
9:55 AM EST | March 04, 2026
Analyst Outlines 2 Potential Scenarios for Conflict Share your comments
Oil prices rise in both scenarios.
5:27 AM EST | March 04, 2026
Oil Rally Pauses After Trump Pledge
Brent jumped 11% in two days before Trump's escort pledge cooled the rally.
4:13 PM EST | March 03, 2026
UAE Reports Major Fire at Fujairah Oil Hub Share your comments
Falling debris from an intercepted drone caused a major fire at the United Arab Emirates oil trading hub of Fujairah.
1:00 PM EST | March 03, 2026
Oil is Iran's Weapon of Choice Share your comments
'Oil is Iran's weapon of choice, and the U.S. gasoline pump is part of the battlefield', SEB Chief Commodities Analyst Bjarne Schieldrop warned.
10:34 AM EST | March 03, 2026
UK, Texas Industry Bodies Comment on Middle East Conflict Share your comments
OEUK and TXOGA have both issued statements on the ongoing conflict in the Middle East.
7:08 AM EST | March 03, 2026
Analysts Warn of Largest Oil Supply Disruption in History Share your comments
The war between the United States and Israel against Iran has the potential to be the largest oil supply disruption in history, S&P Global has warned.
5:45 AM EST | March 03, 2026
Crude Jumps on Iran War Escalation
Oil prices surged as conflict disrupted Hormuz shipping and refinery operations.
4:52 PM EST | March 02, 2026
Hopes for Suez Canal Revival Dashed Share your comments
Shippers are once again avoiding the Suez Canal as the U.S. and Israel are locked in a war with Iran.
8:30 AM EST | March 02, 2026
Oil Could Pass $100 as Strait of Hormuz Traffic Halts Share your comments
Higher oil and gas prices are certain, Wood Mackenzie said.
4:51 AM EST | March 02, 2026
Tankers Halt Near Hormuz After Attacks
Tankers are avoiding the Strait of Hormuz after joint US and Israeli strikes on Iran, with some vessels halting or reversing course amid warnings the waterway may be unsafe.
1:47 PM EST | February 28, 2026
Crude Jumps as Iran Risks Mount
Oil prices surged as traders weighed escalating US-Iran tensions and strike risks.
4:40 PM EST | February 27, 2026
Why Is the Oil Price Rising Today? Share your comments
Rigzone talks to several analysts.
10:10 AM EST | February 27, 2026
Tanker Carrying Russian Oil Diverts From Cuba Share your comments
A tanker believed to be carrying Russian oil to fuel-starved Cuba diverted away.
9:32 AM EST | February 27, 2026
Oil Market Is Nervous for the Coming Weekend Share your comments
'The market is getting nervous for what might happen during the weekend', SEB analysts warned.
6:37 AM EST | February 27, 2026
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