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Crude Extends Slide on Iran Accord
Oil prices plunged after the US and Iran agreed to an interim deal aimed at reopening the Strait of Hormuz.
4:09 PM EST | June 15, 2026
Oil Drops to Four-Month Low
Oil prices fell sharply as hopes grew for a Hormuz reopening agreement between the US and Iran.
5:02 PM EST | June 12, 2026
Oil Falls to April Lows on Trump Signals
Oil fell sharply after Trump signaled progress toward a potential peace deal with Iran.
3:54 PM EST | June 11, 2026
Rystad Warns Oil May Climb Towards $150
Rystad Energy estimated that if U.S.-Iran 'hostilities were to resume in earnest', oil prices could 'move towards $150 per barrel'.
5:55 AM EST | June 11, 2026
USA Strikes Iran
The U.S. military launched strikes against 'multiple' targets in Iran for the second straight day.
4:29 AM EST | June 11, 2026
Oil Climbs as Trump Warns Iran
Oil prices rose after Trump warned Iran of further US attacks.
3:59 PM EST | June 10, 2026
Iran Linked Oil Tanker Suffers Fire
A tanker that has previously carried Iranian oil suffered a fire in the Gulf of Oman, maritime security companies and local navies said.
1:00 PM EST | June 10, 2026
Suez Canal Gets Oil Tanker Boost
The number of oil tankers crossing Egypt's Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024.
9:51 AM EST | June 10, 2026
War Erases 1B Barrels of Cumulative Oil Supply from Market
'Cumulative losses have now reached one billion barrels and are on track to nearly double by year-end under our base case', Rystad Energy MENA Research Director Aditya Saraswat said.
6:37 AM EST | June 10, 2026
Oil Futures Volatility Returns
Crude markets swung lower despite ongoing supply disruptions.
3:47 PM EST | June 09, 2026
Kuwait Offers Oil to Asian Buyers for 1st Time Since War
Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started.
11:18 AM EST | June 09, 2026
BP CEO Shakes Up Structure
New BP Plc Chief Executive Officer Meg O'Neill reorganized the energy giant's leadership and reporting structures.
10:41 AM EST | June 09, 2026
North America Keeps Adding Rigs
North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
10:35 AM EST | June 09, 2026
WoodMac Finds 'No Consensus' on Gulf Crisis Resolution
Wood Mackenzie 'found no consensus' on when the Gulf 'crisis' will be 'resolved' at its latest annual gas and LNG conference held in London recently, a statement sent to Rigzone by the company revealed.
7:07 AM EST | June 09, 2026
Oil Gives Back Most of Monday Gains
Oil gave back most of Monday's gains today, Saxo Bank highlighted.
5:53 AM EST | June 09, 2026
Giant Oil Supertanker Orders Eclipse Record
The world's shipowners have placed orders for a record number of new oil supertankers.
4:42 AM EST | June 09, 2026
Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells
Two extremes are currently playing out in the Permian Basin.
5:00 PM EST | June 08, 2026
Oil Climbs as Israel, Iran Pause
Oil price rise was stunted as Israel and Iran signaled they may avoid further escalation.
3:58 PM EST | June 08, 2026
Alaska Oil, Gas Lease Auction Draws Just 2 Bidders
Only two bidders participated in the Trump administration's auction for drilling leases in Alaska's Arctic National Wildlife Refuge.
10:47 AM EST | June 08, 2026
Oil Rebounds on Fresh Middle East Supply Risk Pricing
Zaye Capital Markets sees today's oil price move 'as a geopolitical premium rather than a clean demand rally'.
6:56 AM EST | June 08, 2026
UK Sees Risk of $100 Oil Until 2028
The UK government has revised its internal oil price forecasts upwards.
8:00 AM EST | June 06, 2026
Oil Retreats on Global Demand Fears
Oil prices fell as traders weighed weakening global demand against stalled US-Iran negotiations.
3:43 PM EST | June 05, 2026
Bilfinger Offshore Workers Striking Over Pay
'Strikes on the Alba FSU and FPF1 will have a significant impact on the day to day operations of these assets', Unite Industrial Officer Paula Buchan warned.
10:41 AM EST | June 05, 2026
Arctic Refuge Auction Will Test Oil Industry Appetite
President Donald Trump vowed to reopen Alaska's Arctic National Wildlife Refuge to oil drilling.
10:22 AM EST | June 05, 2026
Why Is Oil Still Under $100?
That's the question Macquarie Group economists, including Ric Deverell, Chief Economist and Head of Macro Strategy at Macquarie Group, asked in a report sent to Rigzone recently.
7:12 AM EST | June 05, 2026
Scottish Parliament Votes for Transfer of Energy Powers
'We are formally requesting the devolution of powers that we need to maximize our remarkable energy potential', Scotland's Energy Minister Stephen Gethins said.
4:37 AM EST | June 05, 2026
Oil Retreats on Truce Optimism
Oil prices fell as traders bet the US and Iran are nearing a deal.
4:04 PM EST | June 04, 2026
License to Drill Act Passes USA House of Representatives
The bill still needs to pass the Senate and go to U.S. President Donald Trump to become law, the Congress.gov site shows.
8:06 AM EST | June 04, 2026
Venezuela Wants Oil Firms to Supply Their Own Power
Energy companies heading to Venezuela are being told to bring their own power plants to run their oil and natural gas operations.
5:00 PM EST | June 03, 2026
Oil Settles Higher On Iran Strikes
Oil prices climbed as US-Iran tensions escalated and peace talks stalled.
3:53 PM EST | June 03, 2026
Energy Cos Team Up for New AI Powered Safety Initiative
Enverus revealed that it has teamed up with Continental Resources, BPX Energy, Chord Energy, and Ranger Energy Services to introduce LifeSaver, 'a field safety initiative'.
7:13 AM EST | June 03, 2026
Oil Trading Higher for Third Consecutive Session
'Market pessimism once again grows over the prospects of a U.S.-Iran deal that could pave the way for a reopening of the Strait of Hormuz', Ole S. Hansen, Head of Commodity Strategy at Saxo Bank, said.
5:45 AM EST | June 03, 2026
Crude Gains as Peace Deal Doubts Grow
Oil prices rose as doubts emerged over a US-Iran peace agreement.
4:43 PM EST | June 02, 2026
Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.
10:42 AM EST | June 02, 2026
North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
10:36 AM EST | June 02, 2026
JP Morgan Sees Increasing Monthly Oil Demand Losses
'Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April, and 5.6 million barrels per day in May', J.P. Morgan analysts said.
7:06 AM EST | June 02, 2026
Analyst Flags Conflicting USA-Iran War Statements
'We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to end this war', Samer Hasn, a Senior Market Analyst at XS.com, said.
5:55 AM EST | June 02, 2026
Crude Surges on Iran Tensions
Brent and WTI rallied after reports Iran may halt US negotiations.
4:09 PM EST | June 01, 2026
France Boards Tanker Tied to Russian Oil Trade
France's navy boarded another oil tanker on the high seas after it sailed from Russia.
4:00 PM EST | June 01, 2026
NOAA Predicts 2026 Atlantic Hurricane Activity
NOAA revealed that it is predicting a 'below normal' Atlantic hurricane season this year.
11:12 AM EST | June 01, 2026
Why Is the Oil Price Rising Today?
Why is the oil price rising on Monday?
6:44 AM EST | June 01, 2026
Oil Settles at Six-Week Low
Traders bet the Strait of Hormuz could reopen as truce negotiations continue.
4:12 PM EST | May 29, 2026
Crude Mixed on Iran Truce Talks
Traders balanced Iran deal optimism against falling US crude inventories.
5:03 PM EST | May 28, 2026
IEA Sees Oil Investments Dropping for 3rd Year
Despite higher oil prices, spending on oil projects is set to drop below $500 billion in 2026, according to the International Energy Agency's annual World Energy Investment report.
6:11 AM EST | May 28, 2026
BP Chair Says He Was Fired Without Explanation
Former BP Plc Chairman Albert Manifold says he was fired without warning or explanation.
4:00 PM EST | May 27, 2026
Oil Settles Below $89 On Deal Hopes
Oil futures plunged as traders bet on a possible US-Iran peace deal.
3:51 PM EST | May 27, 2026
Republican Hardliner Beats Incumbent Texas Oil Regulator in Runoff Vote
Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on the Lone Star State's chief oil regulator.
9:44 AM EST | May 27, 2026
Noble Appoints Halliburton CEO as Director
'I am delighted to welcome Jeff to Noble's Board of Directors', Noble Chairman Charles M. Sledge said.
8:00 AM EST | May 27, 2026
Digitalization, AI in Upstream Oil, Gas is '$500B Opportunity'
Rystad Energy described digitalization and Artificial Intelligence in upstream oil and gas as 'a $500 billion opportunity'.
6:44 AM EST | May 27, 2026
Brent Jumps on Renewed Iran Clash
Oil rebounded as renewed US-Iran clashes clouded hopes for a Hormuz deal.
4:13 PM EST | May 26, 2026
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