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IEA Head Calls on Canada to Move Faster on Energy
The head of the International Energy Agency is urging Canada to move more quickly to develop and export its energy resources.
8:00 AM EST | May 09, 2026
Crude Settles Higher on Gulf Clashes
Markets remained volatile amid fresh Gulf clashes and uncertainty over Iran's response to a US peace proposal.
3:49 PM EST | May 08, 2026
Brent Oil Price Futures Understating Physical Market Stress
Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said.
5:06 AM EST | May 08, 2026
Oil Swings on Iran Deal Doubts
Energy markets remained volatile amid ongoing US-Iran tensions.
3:46 PM EST | May 07, 2026
Physical Oil Market Does Not Run on Political Timelines
Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu warned that the physical market 'does not run on political timelines'.
4:56 AM EST | May 07, 2026
Oil Sinks on Iran Peace Proposal
Oil and gas prices plunged as traders weighed a potential US-Iran peace agreement.
4:10 PM EST | May 06, 2026
Iran Sets Out Process for Hormuz Transit, Shipowners Wary
Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details.
9:41 AM EST | May 06, 2026
Trump Pauses Project Freedom for 'Short Period'
'Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time', U.S. President Donald Trump said.
5:09 AM EST | May 06, 2026
Lagarde Urges Europe to Reduce Energy Import Dependency
European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe.
4:00 PM EST | May 05, 2026
Oil Falls as Ceasefire Holds
Crude markets entered relief mode as tensions failed to escalate further.
3:52 PM EST | May 05, 2026
USA Says Iran Ceasefire Still in Place
The U.S. played down the prospect of a return to active war with Iran.
10:25 AM EST | May 05, 2026
UAE Was in a Unique Position in OPEC+
The United Arab Emirates was in a unique position in OPEC+, according to James Davis, who leads FGE's Short-Term service and crude oil production forecasting.
10:00 AM EST | May 05, 2026
GlobalData Identifies 'Top' Oil, Gas Themes for 2026
GlobalData has identified the 'top' themes that will impact the oil and gas industry this year in a new strategic intelligence report.
5:25 AM EST | May 05, 2026
Shipping Freeze Deepens in Strait of Hormuz
Traffic through the Strait of Hormuz remained largely frozen amid increasing tensions.
5:00 PM EST | May 04, 2026
Oil Surges on Middle East Attacks
Markets reacted to renewed risks in the Persian Gulf as tanker attacks and military responses intensified.
3:48 PM EST | May 04, 2026
North America Goes Back to Losing Rigs
North America lost four rigs week on week, according to Baker Hughes' latest North America rotary rig count.
9:49 AM EST | May 04, 2026
OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025
In its latest Annual Statistical Bulletin, OPEC projected that world oil demand grew by 1.30 million barrels per day year on year in 2025, a release posted on OPEC's site outlined.
7:58 AM EST | May 04, 2026
OPEC+ Decides to Boost Output
A statement posted on OPEC's website on Sunday revealed that Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman decided to boost production in June.
6:25 AM EST | May 04, 2026
Wirth Warns Global Energy System Under 'Extreme Stress'
Chevron Corp. is worried that global oil supplies are running dry as the U.S.-Israel war with Iran enters its third month.
8:00 AM EST | May 02, 2026
Trump Rues State of Iran Talks
President Donald Trump expressed displeasure with the current state of negotiations with Iran but stopped short of threatening fresh military action.
4:00 PM EST | May 01, 2026
Oil Slips as Iran Talks Hang in Balance
Oil prices dipped as uncertainty around US-Iran negotiations tempered recent gains.
3:55 PM EST | May 01, 2026
Trump Reacts to UAE OPEC Withdrawal
U.S. President Donald Trump gave his opinion on the United Arab Emirates' decision to withdraw from OPEC.
7:51 AM EST | May 01, 2026
Oil Settles Lower After Surge
Brent retreated from a four-year high as algorithmic trading and thin volumes drove volatility.
3:40 PM EST | April 30, 2026
Could This be the Beginning of the End for OPEC?
Rigzone talks to analysts from the Heritage Foundation, Wood Mackenzie, and Standard Chartered.
7:37 AM EST | April 30, 2026
Oil Prices Surge Amid Increasing Geopolitical Concerns
Oil prices surged amid increasing concerns about the geopolitical situation in the Middle East, Daniel Takieddine, Co-Founder and CEO of Sky Links Capital Group, said.
5:48 AM EST | April 30, 2026
USA Has More Natural Gas Than It Can Use
In the heart of U.S. shale country, gas is so plentiful that producers have to pay buyers to take it off their hands.
4:00 PM EST | April 29, 2026
Oil Surges as Hormuz Blockade Bites
Oil prices surged to multi-year highs as the Iran conflict and Hormuz blockade tighten global supply.
3:50 PM EST | April 29, 2026
Russia Says It Has No Plans to Leave OPEC+
Russia said it has no plans of leaving its alliance with OPEC after the United Arab Emirates' shock decision to quit the cartel raised questions about its future.
10:39 AM EST | April 29, 2026
Stalemate in USA-Iran Conflict Continues
The stalemate in the U.S.-Iran conflict has continued for a further week with no clear resolutions on either side, Standard Chartered Bank Head of Energy Research Emily Ashford said.
10:02 AM EST | April 29, 2026
UAE Withdraws from OPEC, OPEC+
'This decision aligns with the United Arab Emirates' long-term strategic and economic vision and the evolution of its energy sector', the UAE Ministry of Energy and Infrastructure said.
5:32 AM EST | April 29, 2026
Wright Says Hormuz Can Open Without Clearing All Mines
Not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway, U.S. Energy Secretary Chris Wright said.
4:00 PM EST | April 28, 2026
Oil Gains as Supply Risks Persist
Crude settled higher on geopolitical tensions and tight physical markets, even as the UAE's planned OPEC+ exit added longer-term uncertainty.
3:59 PM EST | April 28, 2026
Trump Cancels More Wind Leases
Two offshore wind developers will give up federal leases and instead commit funds to fossil fuel projects under agreements with the Trump administration, the DOI said Monday.
10:32 AM EST | April 28, 2026
USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
The number of employees in the oil and gas extraction industry has dropped in seven of the last 10 years, data on the U.S. Bureau of Labor Statistics website shows.
10:27 AM EST | April 28, 2026
Shell to Buy ARC in $16B Deal
'This establishes Canada as a heartland for Shell while furthering our strategy to deliver more value with less emissions', Shell's Chief Executive Officer Wael Sawan said.
6:49 AM EST | April 28, 2026
Market Correctly Pricing in Ongoing Supply Risks
Naeem Aslam, CIO Zaye Capital Markets, highlighted that Brent crude was holding strong.
6:22 AM EST | April 28, 2026
Iran Linked Oil Tankers Boarded by USA Are Reversing Course
Two Iran linked oil tankers that U.S. forces interdicted near Sri Lanka last week appear to have halted their westward course in the Indian Ocean and turned around.
5:00 PM EST | April 27, 2026
Oil Rises as Iran Talks Stall
Markets reacted to prolonged geopolitical tensions with higher oil prices and tighter outlooks.
4:04 PM EST | April 27, 2026
North America Breaks Rig Loss Streak
North America added one rig week on week, according to Baker Hughes' latest North America rotary rig count.
10:03 AM EST | April 27, 2026
Alarm Bells Will Ring Loudly If Hormuz Doesn't Open in May
Alarm bells will ring loudly if the Strait of Hormuz does not reopen during May, SEB Chief Commodities Analyst Bjarne Schieldrop stated.
5:56 AM EST | April 27, 2026
Iran Keeps Loading Oil Onto Tankers Even as USA Blocks Route
Iran is continuing to load millions of barrels of oil onto supertankers.
5:00 PM EST | April 24, 2026
Oil Falls on Renewed Iran Talk Hopes
Oil prices dipped as potential US-Iran talks raised hopes for restored flows.
4:53 PM EST | April 24, 2026
White House Extends Shipping Waiver to August
President Donald Trump's administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the United States.
10:37 AM EST | April 24, 2026
Q1 Dallas Fed Energy Survey Gets Update
The first quarter Dallas Fed Energy Survey has received an update 'in response to recent developments in the global oil market', a statement sent to Rigzone revealed.
10:22 AM EST | April 24, 2026
There Is a High Risk Being Short Energy, Analyst Warns
There is a high risk being short energy and betting on any immediate political resolution in the Iran conflict, according to SEB Commodities Analyst Ole R. Hvalbye.
5:12 AM EST | April 24, 2026
BP's New Leadership Suffers Shareholder Revolt
BP Plc faced a shareholder backlash at its annual general meeting.
5:00 PM EST | April 23, 2026
Crude Jumps as Hormuz Tensions Rise
Oil prices rose sharply as escalating Iran conflict risks threatened flows through the Strait of Hormuz.
3:58 PM EST | April 23, 2026
Hormuz 'Reopening Optimism' Is 'Sliding Fast', Analyst Warns
'Reopening optimism' for the Strait of Hormuz is 'sliding fast', according to SEB Chief Commodities Analyst Bjarne Schieldrop.
7:03 AM EST | April 23, 2026
UK Energy Sec Says North Sea Is an 'Important Resource'
'I do not agree with those who say we should 'turn off the taps' overnight', UK Energy Secretary Ed Miliband said.
5:32 AM EST | April 23, 2026
Iran Fires on Hormuz Ships
Iranian gunboats fired on commercial ships in the Strait of Hormuz while the U.S. intercepted two of the Islamic Republic's oil tankers.
5:00 PM EST | April 22, 2026
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