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USA Crude Oil Stocks Drop Almost 2MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 409.7 million barrels on July 10, the EIA's latest weekly petroleum status report showed.
5:42 AM EST | July 16, 2026
India Bars Seafarers from Hormuz Voyages
India has directed ship owners, ship managers and recruitment agencies to stop deploying the country's seafarers on vessels going through the Strait of Hormuz.
4:29 AM EST | July 16, 2026
USA-Iran Skirmishes Worsen as Hormuz Traffic Dwindles
The U.S. struck Iran for a fifth straight day overnight and hit a sanctioned oil tanker near the country's main export terminal.
4:24 AM EST | July 16, 2026
Oil Settles Higher
Oil prices rose as the US intensified strikes on Iran, heightening concerns over Middle East crude supplies despite weaker US fuel demand data.
4:12 PM EST | July 15, 2026
USA EIA Raises Henry Hub Price Forecast for 2026, 2027
The U.S. Energy Information Administration raised its Henry Hub natural gas spot price projection for 2026 and 2027 in its latest short term energy outlook.
10:48 AM EST | July 15, 2026
Russia Oil Sanctions Threat Could Complicate USA-India Talks
Fresh U.S. threats to impose sanctions on countries buying Russian oil may complicate ongoing trade negotiations between Washington and New Delhi, according to people familiar with the matter.
10:28 AM EST | July 15, 2026
Asian Oil Refiners Scoop Up USA Crude
At least 11 million barrels of U.S. crude were sold to Asia late on Tuesday, and more deals may follow, according to traders.
10:24 AM EST | July 15, 2026
USA Oil, Gas Workforce Drops from May to June
The number of employees in the oil and gas extraction industry dropped from May to June, data on the U.S. Bureau of Labor Statistics website showed.
9:42 AM EST | July 15, 2026
BMI Says Outlook for Oil Prices in Q3 Now Highly Uncertain
The outlook for oil prices in the third quarter of 2026 is now highly uncertain, analysts at BMI warned.
6:01 AM EST | July 15, 2026
IMO SecGen Says Hormuz Is Too Dangerous for Ships
The International Maritime Organization said the Strait of Hormuz remains too dangerous for commercial vessels to transit.
4:26 AM EST | July 15, 2026
Ukraine Says It Hit Russian Oil, Gas Tankers in Black Sea
Ukrainian forces hit multiple Russian vessels in the Black Sea overnight.
4:21 AM EST | July 15, 2026
Oil Hits One-Month High
Oil climbed to a one-month high as renewed Middle East fighting heightened concerns over supplies through the Strait of Hormuz.
4:05 PM EST | July 14, 2026
Vedanta Oil to Invest $5B to Boost Production Fivefold
Vedanta Oil and Gas Ltd. will invest $5 billion to expand production by more than five times.
10:14 AM EST | July 14, 2026
Ukraine Hits Russian Refineries, Ships, Moscow Hits Odesa
Kyiv struck a slew of Russian energy targets overnight, while Moscow hit fuel facilities in the Ukrainian port of Odesa.
10:05 AM EST | July 14, 2026
North America Drops Rigs for 1st Time in Months
North America's rig count dropped by 10 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
9:53 AM EST | July 14, 2026
Escalations Damage Hormuz Media Narrative
Escalations over the past week have damaged the media narrative that has built up over the past few weeks, Standard Chartered Bank Energy Research Head Emily Ashford told Rigzone.
7:00 AM EST | July 14, 2026
Cross-Industry Group Issues Letter to Incoming UK Gov
A 'powerful' cross-industry group is delivering a 'strongly worded letter' to the incoming UK government, a statement sent to Rigzone by OEUK recently noted.
5:05 AM EST | July 14, 2026
BP Flags $1B Writedown from Low Carbon Business
BP said it expects to write down another $1 billion from energy transition assets in the second quarter.
4:24 AM EST | July 14, 2026
Houthis Strike Saudi Arabia in Major Escalation
The Iran-backed Houthi group in Yemen fired ballistic missiles and drones on Saudi Arabia.
4:19 AM EST | July 14, 2026
Oil Soars on Hormuz Blockade
Oil surged after President Trump announced plans to reinstate a blockade on Iranian shipping and impose fees on cargo moving through the Strait of Hormuz.
4:01 PM EST | July 13, 2026
Russian Refinery Runs Plunge to Lowest in More Than 2 Decades
A wave of Ukrainian attacks has pushed Russian refining runs to the lowest in more than 21 years.
10:46 AM EST | July 13, 2026
UAE Tells OPEC Its Oil Production Surged Last Month
The United Arab Emirates informed OPEC that its oil production surged by 80 percent last month.
10:38 AM EST | July 13, 2026
USA Strategic Petroleum Reserve is 56 Percent Empty
Or 44 percent full - depending on how you want to look at it.
10:29 AM EST | July 13, 2026
South Africa Plans First Oil Reserves Boost Since Apartheid
South Africa plans to increase its strategic oil reserves for the first time since the apartheid government stockpiled crude.
7:03 AM EST | July 13, 2026
Falling Fertility Threatens Energy Demand, WoodMac Warns
Falling fertility rates threaten long term energy demand, Wood Mackenzie warned.
6:56 AM EST | July 13, 2026
Oil Jumps After Battle for Hormuz Control Escalates
'Fresh strikes by U.S. and Iran renewed concerns about the safe passage of oil and other key commodities through the narrow waterway', Saxo Bank said.
5:43 AM EST | July 13, 2026
USA, Iran Trade Fresh Strikes
The U.S. and Iran exchanged fresh strikes overnight into Monday.
4:31 AM EST | July 13, 2026
TotalEnergies Sells Small-Scale Solar Assets in Europe
The sale is part of TotalEnergies' efforts 'to refocus its renewable development on large utility-scale solar and wind farms in order to benefit from economies of scale', the French energy giant said.
7:00 AM EST | July 12, 2026
Birol Urges EU to Reconsider Arctic Drilling Moratorium
International Energy Agency Executive Director Fatih Birol pressed the European Union to revisit its moratorium on drilling for oil and gas in the Arctic.
8:00 AM EST | July 11, 2026
IEA Says UAE Oil Output Surged to Record High in June
The country pumped 4.1 million barrels a day on average in June, the International Energy Agency said in its monthly report.
4:00 PM EST | July 10, 2026
BOEM Explores Potential for OCS Space Launch and Recovery
'The Outer Continental Shelf presents a significant opportunity to support the future of America's space economy', Acting BOEM Director Matt Giacona said.
10:55 AM EST | July 10, 2026
Venezuela Breaks Up Oil Monopoly Under New Rules
Venezuela's interim government published long-awaited oil regulations on Thursday.
10:26 AM EST | July 10, 2026
Chevron to Continue Supplying Gas to Australian Utility Alinta
Chevron signed a new agreement to supply 46 petajoules of Western Australian natural gas to Alinta over five years.
8:03 AM EST | July 10, 2026
EIA Cuts 2026, 2027 USA Gasoline Price Projection
The EIA lowered its U.S. regular gasoline price projection for both 2026 and 2027 in its latest short term energy outlook.
7:19 AM EST | July 10, 2026
Strategists Expect USA-Iran Tension to be Short Lived
Macquarie strategists said they expect the renewed tension in the Middle East between the U.S. and Iran to be 'relatively short-lived'.
6:05 AM EST | July 10, 2026
ADNOC, Mitsui Ink Broad Energy Partnership
ADNOC and Mitsui will explore collaboration in 'crude oil market development and long-term supply, LNG sales and optimization, sulfur procurement and logistics, and shipping solutions for LNG, ammonia, sulfur and other commodities', ADNOC said.
5:05 AM EST | July 10, 2026
New Pipeline Paves Way for Increased Israeli Gas Exports to Egypt
State-owned Israel Natural Gas Lines completed a project to expand the pipeline system that delivers Israeli natural gas to Egypt.
4:14 AM EST | July 10, 2026
India to Expand Crude Reserves
The board of the country's largest oil-and-gas producer gave the green light to add 1.75 million tons of capacity in Mangalore, Karnataka, to national crude reserves.
3:00 AM EST | July 10, 2026
Crypto Startup Trying to Put a Barrel of Oil on Blockchain
A small crypto startup is trying to persuade the industry to experiment with a different kind of frontier: putting a barrel of oil on a blockchain.
4:00 PM EST | July 09, 2026
Crude Slides on Easing Tensions
Oil prices fell as traders bet the US-Iran conflict would remain limited.
3:48 PM EST | July 09, 2026
Hormuz Ship Insurance Demand Drops
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen.
11:08 AM EST | July 09, 2026
USA EIA Reveals Latest Oil Price Forecast
The U.S. Energy Information Administration revealed its latest oil price forecast for 2026 and 2027 in its July short term energy outlook.
10:35 AM EST | July 09, 2026
AEP Texas Secures $3.26B DOE Loan
The new loan is on top of a $1.6-billion loan guarantee that AEP earlier secured from the Trump administration's Energy Dominance Financing Program.
9:00 AM EST | July 09, 2026
USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 411.4 million barrels on July 3, the EIA's latest weekly petroleum status report showed.
7:23 AM EST | July 09, 2026
Hormuz Tanker Traffic Stops
Jorge Leon, Head of Geopolitical Analysis at Rystad, noted that tanker traffic through the Strait of Hormuz had 'essentially stopped'.
6:07 AM EST | July 09, 2026
US Strikes Iran for 2nd Straight Day
U.S. Central Command said its forces completed another round of strikes 'to further degrade' Tehran's ability to attack commercial shipping in the Strait of Hormuz.
2:47 AM EST | July 09, 2026
TotalEnergies Ships First LNG Cargo from Mexican Pacific Coast to Asia
'TotalEnergies will be the sole offtaker of LNG during the ramp-up phase'.
2:47 AM EST | July 09, 2026
ADNOC Scores 15-Year Deal to Supply 1 MMtpa of LNG to INPEX
Nearly 23 percent of Ruwais LNG's 9.6 MMtpa capacity has been offtaken by Japanese customers, ADNOC said.
2:30 AM EST | July 09, 2026
INPEX Starts Appraisal Drilling for Japan CCS Project
Metropolitan CCS, a joint venture of INPEX and Kanto Natural Gas Development, began drilling an appraisal well for a carbon capture and storage project planned to serve industrial emitters in the Greater Tokyo Area.
2:30 AM EST | July 09, 2026
Oil Surges on Renewed Iran Strikes
Oil prices surged to two-week highs after renewed U.S. strikes on Iran and threats to disrupt shipping through the Strait of Hormuz.
4:00 PM EST | July 08, 2026
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