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Oil at $100 Promises Boon for Algeria
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 PM EST | March 13, 2026
Analyst Warns of 'Big, Big Risk' for Oil Over Weekend
No one in their right mind would dare to sit short oil over the coming weekend, SEB Chief Commodities Analyst Bjarne Schieldrop said.
8:00 PM EST | March 12, 2026
DOI Announces Results of BBG2 Lease Sale
13 companies submitted 38 bids totaling $69,838,782, a DOI statement highlighted.
8:00 PM EST | March 12, 2026
Oil Drillers Resort to Trucks as California Pipe Idled
Oil drillers in central California have resorted to the costly and cumbersome alternative of trucking crude barrels 50 miles.
8:00 PM EST | March 12, 2026
Mines Across Hormuz Would Create Lethal Barrier
Iran has vowed to keep the strait closed, but whether it's actually mining the area is contested.
8:00 PM EST | March 12, 2026
EIB to Shell Out $87B in Clean Energy Financing over 3 Years
The European Commission adopted a new Clean Energy Investment Strategy under which the European Investment Bank is expected to roll out EUR 75 billion over the next three years.
8:00 PM EST | March 11, 2026
Oil Market Shrugs Off 400MM Barrel IEA Reserve Release
'Threats to the energy structure in the Middle East have kept oil prices bid', Aaron Hill, Chief Market Analyst at FP Markets, said.
8:00 PM EST | March 11, 2026
ExxonMobil Seeks to Move Legal Address to Texas
'We believe Texas legislators, judges and juries that are more familiar with our business are more likely to provide legal certainty'.
8:00 PM EST | March 11, 2026
USA Eyes Hormuz Escorts by April
The U.S. Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.
8:00 PM EST | March 11, 2026
USA to Release 172MM Barrels of Oil for IEA Relief Plan
The Trump administration plans to release 172 million barrels from the U.S. emergency oil reserve.
8:00 PM EST | March 11, 2026
Indian Refiners Buy 30MM Barrels of Russian Oil after US Waiver
Indian refiners have bought about 30 million barrels of Russian oil since the U.S. provided a green light for purchases to help the country cope with a shortfall of Middle Eastern supply, according to people with knowledge of the deals.
8:00 PM EST | March 10, 2026
War Creating Most Severe Energy Disruption Since 1970s
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.
8:00 PM EST | March 10, 2026
EIA Boosts Brent Forecast in Wake of Iran Conflict
The U.S. Energy Information Administration increased its Brent spot price forecast for 2026 and 2027 in its latest short term energy outlook.
8:00 PM EST | March 10, 2026
IEA to Release Record 400MM Barrels From Oil Reserves
The International Energy Agency agreed to discharge 400 million barrels from emergency oil reserves.
8:00 PM EST | March 10, 2026
Refiners Hold Off Buying Oil as Prices Surge
Refiners are beginning to balk at eye-watering premiums on available oil barrels.
8:00 PM EST | March 10, 2026
Market Spinning After 'Most Epic Price Reversal in Oil History'
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.
8:00 PM EST | March 09, 2026
Sparta CEO Says 'Products, Not Crude, Are the Real Story'
'While crude has grabbed headlines, the extreme price action is in refined products and particularly middle distillates', Sparta Commodities CEO Felipe Elink Schuurman said.
8:00 PM EST | March 09, 2026
Gulf Oil Giants Deepen Cuts
Oil supply cuts in the Middle East are deepening.
8:00 PM EST | March 09, 2026
Aramco CEO Warns of Oil Market Catastrophe in Prolonged War
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.
8:00 PM EST | March 09, 2026
DOI Moves to 'Cut Red Tape' for Offshore Oil, Gas
'For too long, Washington red tape has strangled American energy producers and held back small businesses', Interior Secretary Doug Burgum said.
8:00 PM EST | March 09, 2026
Analyst Flags 'Incredible' Oil Price Moves
'These are just incredible moves', Aaron Hill, Chief Market Analyst at FP Markets, said.
8:00 PM EST | March 08, 2026
Attention Shifting to Kharg Island
'The island has evolved into the backbone of Iran's export system', J.P. Morgan analysts stated.
8:00 PM EST | March 08, 2026
USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 439.3 million barrels on February 27, according to the EIA's latest weekly petroleum status report.
8:00 PM EST | March 08, 2026
Iran Names New Supreme Leader as Trump Downplays Oil Spike
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'.
8:00 PM EST | March 08, 2026
Petrobras Tops Estimates
Brazil's state-controlled oil producer Petrobras surpassed profit expectations after robust oil production and record exports helped cushion the impact of weaker crude prices.
7:00 PM EST | March 06, 2026
Indian Refiners Snap Up Russian Crude after US Waiver
Over 10 million barrels of Russian crude have already been bought, according to people with direct knowledge of the deals.
7:00 PM EST | March 05, 2026
UK Oil, Gas Industry Meets with Chancellor
'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.
7:00 PM EST | March 05, 2026
Analysts See 'Significant Yet Short Lived' Oil Price Rallies
Analysts at BMI, a Fitch Solutions company, revealed that they expect 'significant yet short lived rallies in oil and gas prices'.
7:00 PM EST | March 05, 2026
War Sees Energy Exporters Scramble for Routes Out of Gulf
The widening conflict in the Middle East is stoking fears over a global energy crunch.
7:00 PM EST | March 05, 2026
JMIC Says Strait of Hormuz Shipping is at Near Total Halt
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.
7:00 PM EST | March 05, 2026
Analyst Explains Friday's Oil Price Rise
Rigzone talks to Rebecca Babin, a senior equity trader for CIBC Private Wealth in New York.
7:00 PM EST | March 05, 2026
Japan Refiners Ask Government to Tap Crude Stocks
Japanese oil refiners are asking the government to release crude from the nation's strategic petroleum reserves as the Middle East crisis worsens, according to people familiar with the matter.
7:00 PM EST | March 04, 2026
EU Sees No Energy Supply Concern from Mideast War for Now
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.
7:00 PM EST | March 04, 2026
Are We Heading for an All-Out War in the Middle East?
Rigzone talks to Benjamin Zycher, a Senior Fellow at the American Enterprise Institute, and Doug Bandow, a Senior Fellow at the Cato Institute.
7:00 PM EST | March 04, 2026
JP Morgan Warns DFC Insurance Cap is Too Small for the Risk
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'.
7:00 PM EST | March 04, 2026
Saudi Arabia Races to Reroute Oil
Saudi Arabia is diverting millions of barrels of oil to its Red Sea ports.
7:00 PM EST | March 04, 2026
Trump's Alaska Lease Sale Draws Zero Bids From Drillers
The Trump administration's first oil and gas lease sale in Alaska's Cook Inlet received no bids, according to the U.S. Interior Department.
7:00 PM EST | March 04, 2026
Maritime Groups Comment on Middle East Situation
INTERTANKO and OCIMF have issued a joint statement on the situation in the Middle East.
7:00 PM EST | March 04, 2026
Analyst Outlines 2 Potential Scenarios for Conflict
Oil prices rise in both scenarios.
7:00 PM EST | March 03, 2026
QatarEnergy Stops LNG, Some Downstream Production
QatarEnergy has announced the halt of LNG and 'some' downstream production.
7:00 PM EST | March 03, 2026
Russian Oil Remains Cheap
Russia's flagship crude blend is still trading at deep discounts despite a global oil rally.
7:00 PM EST | March 03, 2026
Saudi's Biggest Oil Refinery Faces Another Attack
Saudi Arabia said there was an attempted attack at its biggest oil refinery at Ras Tanura.
7:00 PM EST | March 03, 2026
Analysts Warn of Largest Oil Supply Disruption in History
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.
7:00 PM EST | March 02, 2026
UK, Texas Industry Bodies Comment on Middle East Conflict
OEUK and TXOGA have both issued statements on the ongoing conflict in the Middle East.
7:00 PM EST | March 02, 2026
Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged
The challenge concerns National Insurance contributions for offshore workers from October 1999 to April 2014.
7:00 PM EST | March 02, 2026
USA Has No Immediate Plan to Tap Oil Reserve
A decision to tap the Energy Department's Strategic Petroleum Reserve could help stanch prices spikes, at least temporarily.
7:00 PM EST | March 02, 2026
Oil is Iran's Weapon of Choice
'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.
7:00 PM EST | March 02, 2026
Oil Could Pass $100 as Strait of Hormuz Traffic Halts
Higher oil and gas prices are certain, Wood Mackenzie said.
7:00 PM EST | March 01, 2026
Israel Pauses Leviathan Gas Production
Chevron declared force majeure at the Leviathan natural gas and condensate field offshore Israel following a suspension order from the government.
7:00 PM EST | March 01, 2026
OPEC+ Decides to Boost Production
'There is ... a risk that the OPEC+ decision is moot', Alan Gelder, SVP of Refining, Chemicals and Oil Markets at Wood Mackenzie, said.
7:00 PM EST | March 01, 2026