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Oil Rises on Looming US Russia Sanction Threats
Oil rose nearly 3% as traders braced for new US sanctions on Russian energy.
3:46 PM EST | July 11, 2025
Oil Teeters as Tariffs and Output Risks Unbalance Market
Oil prices fell as OPEC+ considers pausing output hikes amid trade war risks.
3:55 PM EST | July 10, 2025
Oil Holds Gains Despite US Crude Surge
Oil steadied as a large US crude stockpile gain was balanced by new US sanctions on Iranian exports.
5:05 PM EST | July 09, 2025
Kuwait Oil Giant Says OPEC+ Hikes Suggest Tighter Market
Kuwait's state energy company said OPEC+'s latest super-sized supply hike and recent interactions with customers suggest persistent demand growth beyond the summer driving season.
5:00 PM EST | July 09, 2025
Executives Reveal Where They See Henry Hub Price Landing in Future
Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future in the second quarter Dallas Fed Energy Survey.
8:00 AM EST | July 09, 2025
Oil Rises Again on Middle East Tensions
Oil gained for a second day as technical levels and fresh Houthi tensions lifted prices.
4:28 PM EST | July 08, 2025
Who Is The World's Top Natural Gas Consumer?
Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report.
10:51 AM EST | July 08, 2025
How Close Did Iran Come to Shutting Strait of Hormuz?
Rigzone talks to several analysts.
7:44 AM EST | July 08, 2025
Oil Gains on Saudi Price Hike
Saudi Arabia raised its crude prices, signaling confidence that the market can absorb more OPEC barrels.
4:01 PM EST | July 07, 2025
Dallas Fed Energy Survey Shows Oil, Gas Activity Contraction
Rigzone takes a look at the second quarter Dallas Fed Energy Survey.
11:16 AM EST | July 07, 2025
ORLEN Ceases All Supply of Russian Oil
'We have concluded the last legacy contract for Russian crude deliveries to the Czech Republic'.
7:00 AM EST | July 07, 2025
North America Adds Rigs Week on Week
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
6:02 AM EST | July 07, 2025
OPEC+ Moves Meeting to Saturday as Group Weighs Another Hike
The Organization of the Petroleum Exporting Countries has roiled markets in recent months by speeding up the return of halted output.
10:51 AM EST | July 04, 2025
How Has USA Energy Use Changed Since 1776?
A new analysis piece published on the EIA website recently has outlined how U.S. energy use has changed since the Declaration of Independence was signed in 1776.
10:40 AM EST | July 04, 2025
Executives Reveal Where They Expect WTI Price to Land in Future
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the second quarter Dallas Fed Energy Survey.
8:13 AM EST | July 04, 2025
Who Is The World's Top Oil Consumer?
Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report.
6:46 AM EST | July 04, 2025
Crude's Drop, Strong Ruble Cut Russian Oil Revenue to 2-Year Low
Russia's oil revenue in June slumped to a two-year low as global crude prices fell and the ruble strengthened.
4:00 PM EST | July 03, 2025
Oil Slips as US Plans Iran Talks
Oil prices fell after news of planned US-Iran nuclear talks eased Middle East tension risks.
3:58 PM EST | July 03, 2025
Analysts Reveal What They Expect at Next OPEC+ 8 Meeting
'We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank said.
4:54 AM EST | July 03, 2025
Oil Jumps on Vietnam Trade Deal
Oil prices climbed 3% after Trump announced a trade deal with Vietnam.
4:09 PM EST | July 02, 2025
Iraq Power Grid Suffers Capacity Cut as Iran Gas Supply Slumps
Iraq's electricity grid lost around 15 percent of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday.
10:24 AM EST | July 02, 2025
White House Highlights Senate Passing of 'Big Beautiful Bill'
A statement posted on the White House website on Tuesday said the Senate 'delivered a resounding victory for American workers'.
8:02 AM EST | July 02, 2025
Oil Gains as Mideast Tensions Reignite
Oil rose slightly as Middle East tensions resurfaced, keeping traders cautious.
4:11 PM EST | July 01, 2025
Russia's Sanctioned Arctic LNG 2 Raises Output to Record Levels
Russia's sanctioned Arctic LNG 2 project raised production to record levels during the last days of June.
4:00 PM EST | July 01, 2025
Analyst Highlights August Natural Gas Contract 'Collapse'
'Yesterday's natural gas price implosion fully erased Friday's gains', Eli Rubin, an energy analyst at EBW Analytics Group, said.
10:20 AM EST | July 01, 2025
USA Diesel Demand in April Stronger Than Expected Despite Tariffs
April was a volatile month for diesel futures after President Trump announced sweeping tariffs on April 2, causing prices to tank.
10:04 AM EST | July 01, 2025
Industry Bodies Look at Texas Upstream Employment in May
The Texas Oil and Gas Association and the Texas Independent Producers and Royalty Owners Association looked at Texas upstream employment in May.
7:29 AM EST | July 01, 2025
Oil Tanker Suffers Unexplained Blast Weeks After Russia Call
A tanker hauling 1 million barrels of oil suffered an explosion while near Libya, its manager said Monday.
5:00 PM EST | June 30, 2025
Oil Slips as Traders Weigh OPEC+ Hike
Oil prices edged down after last week's steep losses as traders anticipate a potential OPEC+ supply increase.
4:04 PM EST | June 30, 2025
North America Loses Rigs Week on Week
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
10:27 AM EST | June 30, 2025
EIA Reveals Latest USA Oil, Gas Proved Reserves Figures
The U.S. Energy Information Administration revealed its latest U.S. crude oil and natural gas proved reserves figures in a report posted on its site recently.
8:12 AM EST | June 30, 2025
Russian Fuel Flows Decline to Lowest in 8 Months on Baltic Slump
Russian seaborne oil flows are closely watched by the market to assess its production since official data has been classified.
5:00 PM EST | June 27, 2025
Oil Steady as OPEC+ Weighs Output Hike
WTI held above $65 as OPEC+ considered further production increases for August.
4:01 PM EST | June 27, 2025
Oil Tanker Rates Collapse as Conflict in Middle East Abates
The cost of shipping Middle East crude to customers in Asia collapsed on Thursday.
10:21 AM EST | June 27, 2025
Analyst Highlights Natural Gas Contract 'Implosion'
Eli Rubin, an energy analyst at EBW Analytics Group, highlighted an 'implosion over the past week' in the July natural gas contract.
10:12 AM EST | June 27, 2025
USA Allows Ethane Cargoes to Sail to China But Not Discharge
The Trump administration has eased recent export limits on a critical petroleum product that's used to make plastics.
5:00 PM EST | June 26, 2025
WTI Edges Up as OPEC+ Meeting Looms
Geopolitical tensions eased, but market uncertainty remains with sanctions, diplomacy, and OPEC+ talks in focus.
3:33 PM EST | June 26, 2025
Enverus Lists 'Most Prolific' Private Oil, Gas Producers in USA
Enverus announced that it has released its annual list of 'the most prolific 100 private oil and gas producers in the United States'.
7:07 AM EST | June 26, 2025
OEUK Says Industrial Strategy Must Harness UK's Whole Energy Mix
Industry body Offshore Energies UK said the UK government's new industrial strategy is welcome 'but must harness the UK's whole energy mix'.
4:19 AM EST | June 26, 2025
Trump Says US, Iran Will Talk Next Week, Mideast War Over for Now
'The logic of war has failed - return to the logic of diplomacy', Iran's mission to the UN said.
4:01 AM EST | June 26, 2025
Oil Rebounds After Steep Two-Day Plunge
Trump eased investor fears by reaffirming pressure on Iran despite recent mixed signals.
4:56 PM EST | June 25, 2025
Alberta Premier Warns Carney He Must Act to Quell Separatist Threat
Polls show a significant minority of Albertans are interested in exploring independence from Canada, partly because they're frustrated about environmental rules that limit the development of oil and gas.
10:32 AM EST | June 25, 2025
Oil Market Concerns Almost Exclusively Focused on Strait of Hormuz
'We do not think any increase in general Middle East risk or other geopolitical implications was priced in; the Strait of Hormuz was the key factor', analysts at Standard Chartered Bank said.
5:11 AM EST | June 25, 2025
Angolan President Urges USA Firms to Invest Beyond Oil, Minerals
Angolan President Joao Lourenco called on U.S. companies to expand their investments in Africa beyond traditional oil and mineral extraction.
4:00 PM EST | June 24, 2025
Oil Prices Plunge on Trump Ceasefire Push
Oil fell sharply as Trump pushed for peace and signaled support for Iranian exports.
3:48 PM EST | June 24, 2025
UK Set to Drop Regional Power Price Plan Hated by Industry
The UK government is poised to reject a controversial plan to divide the nation's electricity market into zones, according to people familiar with the matter.
10:28 AM EST | June 24, 2025
North America Rig Count Stays Flat
The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count.
10:11 AM EST | June 24, 2025
Israel Accuses Iran of Breaching Truce Trump Said Was in Effect
Hours after Trump's declaration of a truce, Israel detected missile launches.
7:39 AM EST | June 24, 2025
Oil Market Sees 1 in 5 Chance of Material Gulf Disruption
The oil market is now factoring in a one in five chance of a material disruption in Gulf energy production flows, analysts at J.P. Morgan said in a research note sent to Rigzone on Monday.
7:35 AM EST | June 24, 2025
Oil Prices Dropped 'Significantly' Following Ceasefire News
'The Iran-Israel War may not yet be over', Erik Meyersson, Chief EM Strategist at SEB, warned.
4:52 AM EST | June 24, 2025
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