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VEN Plans to Grant More Oil Blocks to Chevron and Repsol
Chevron and Repsol already have extensive holdings in Venezuela.
7:00 AM EST | February 14, 2026
Oil Posts Second Straight Weekly Drop
Oil recorded its first consecutive weekly decline of the year as supply concerns resurfaced.
5:15 PM EST | February 13, 2026
Reliance Gets USA License to Directly Buy VEN Crude
Reliance has historically been an important consumer of the country's heavy crude.
12:27 PM EST | February 13, 2026
EIA Raises 2026 WTI Forecast, Lowers 2027 Projection
The EIA now sees the WTI spot price averaging $53.42 per barrel this year.
11:28 AM EST | February 13, 2026
Market Positioning Itself for Period of Higher Geopolitical Risk
'This is evident in both the gradual push higher in flat price, adjustments in the forward curve and volatility skew', Standard Chartered Bank Energy Research Head Emily Ashford said.
6:53 AM EST | February 13, 2026
Oil Drops Amid Supply And Equity Jitters
Oil prices fell as investors turned cautious on Iran risks and weaker equities.
4:01 PM EST | February 12, 2026
USA Labor Market Report Underpins Energy Demand
Rystad Energy outlined that the January U.S. labor market report 'surprise[d]... to the upside, underpinning energy demand'.
7:29 AM EST | February 12, 2026
Wright Says China Bought Some VEN Oil From the USA
China has bought some Venezuelan oil that was purchased earlier by the U.S., according to Energy Secretary Chris Wright.
5:58 AM EST | February 12, 2026
Oil Gains As Middle East Tensions Rise
Traders balanced Iran uncertainty against growing inventories.
4:14 PM EST | February 11, 2026
EIA Sees Brent Price Dropping in 2026 and 2027
The U.S. Energy Information Administration projected that the average Brent spot price will drop in 2026 and 2027.
11:23 AM EST | February 11, 2026
EIA Fuel Update Shows Increasing Price Trend for USA Gasoline
The U.S. Energy Information Administration's latest gasoline fuel update showed an increasing trend for the U.S. regular gasoline price.
8:13 AM EST | February 11, 2026
USA Allows Oilfield Contractors to Go to Work in VEN Fields
The U.S. government issued a general license to allow oilfield-service companies to work in Venezuela.
5:16 AM EST | February 11, 2026
USA Boards Venezuela-Linked Oil Tanker
U.S. forces boarded an oil tanker after a cat-and-mouse chase from the Caribbean to the Indian Ocean, the Pentagon said.
11:10 AM EST | February 10, 2026
Transocean to Buy Valaris in Near $6B Deal
'The powerful combination is well-timed to capitalize on an emerging, multi-year offshore drilling upcycle', said Keelan Adamson, Transocean President and Chief Executive Officer.
7:40 AM EST | February 10, 2026
Oil Settles Higher as Hormuz Risks Resurface
Oil prices closed higher after the US warned ships to avoid Iranian waters near the Strait of Hormuz.
4:30 PM EST | February 09, 2026
OEUK Flags 'Prolonged Bout of Severe Weather' in North Sea
'Although we get this sort of weather every two or three years or so, it can be quite uncomfortable', OEUK Health and Safety Manager Graham Skinner said.
12:14 PM EST | February 09, 2026
Vitol Pushes Back Peak Oil Demand Forecast
The world's largest independent oil trader Vitol Group said oil demand will take longer to peak than it previously estimated.
9:30 AM EST | February 09, 2026
North America Increases Rig Count
North America added one rig week on week, according to Baker Hughes' latest North America rotary rig count.
7:14 AM EST | February 09, 2026
More Indian Refiners Take Venezuelan Oil
Indian Oil Corp. and Hindustan Petroleum Corp. jointly bought a cargo of Venezuelan crude.
5:53 AM EST | February 09, 2026
USA Natural Gas Extends Decline
U.S. natural gas closed lower for a second session.
3:13 AM EST | February 09, 2026
Oil Servicers Look to Middle East for Growth
The world's largest oilfield-service providers are looking to production increases in the Middle East to help offset a slowdown in U.S. shale.
7:00 AM EST | February 08, 2026
WTI, Brent Gain as Talks Ease Conflict Fears
Markets balanced geopolitical tension with signs of steady global oil demand.
4:16 PM EST | February 06, 2026
Shell to Pause Kazakh Oil and Gas Investments
Shell will pause investment in Kazakhstan as it navigates legal claims from the OPEC+ nation against oil majors that could stretch into the billions of dollars, Chief Executive Officer Wael Sawan said.
11:39 AM EST | February 06, 2026
Saudis Cut Key Oil Price for Asian Buyers
Saudi Arabia cut the price of its main oil grade for buyers in Asia to the lowest in years.
11:33 AM EST | February 06, 2026
IPAA Promotes Naatz to Chief Policy Officer
The Independent Petroleum Association of America announced that Dan Naatz has been promoted to Executive Vice President and Chief Policy Officer.
10:16 AM EST | February 06, 2026
Energy Complex Not Immune to Broad Commodities Sell-Off
The energy complex was not immune to the broad sell-off in commodities over the past week, Standard Chartered Bank Energy Research Head Emily Ashford said.
5:25 AM EST | February 06, 2026
Tankers Speed Through Hormuz Chokepoint
Very Large Crude Carriers are traveling around the narrow, congested waterway - through which about a quarter of the world's seaborne oil trade travels - at as much as 17 knots, ship-tracking data show.
4:43 AM EST | February 06, 2026
Oil Settles Lower as Iran-US Talks Ease Risk
Oil prices closed lower as Iran confirmed talks with the US, easing near-term supply risks.
4:21 PM EST | February 05, 2026
BOEM Announces 'Major Step' Toward Expanding Offshore Energy
The Bureau of Ocean Energy Management announced 'another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act'.
7:35 AM EST | February 05, 2026
Shell's Profit Falls
Shell Plc profits slumped in the fourth quarter.
5:00 AM EST | February 05, 2026
Oil Ends Higher Amid Rising Middle East Risks
Oil settled higher as uncertainty over US-Iran nuclear talks and renewed military rhetoric fueled geopolitical risk premiums despite mixed signals from supply data.
3:56 PM EST | February 04, 2026
Russian Oil Revenues Plunge to 5 Year Low
The Russian government's oil revenues collapsed to the lowest in more than five years in January.
11:28 AM EST | February 04, 2026
Texas Upstream Employment Rises
TIPRO said employment in the Texas upstream sector increased between November and December 2025.
7:55 AM EST | February 04, 2026
Oil Ends Day Higher After Drone Incident
Crude prices rose after a drone incident and renewed Strait of Hormuz concerns.
5:04 PM EST | February 03, 2026
Trump Cuts India Tariffs
President Donald Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil.
11:36 AM EST | February 03, 2026
Iran Risk Hands Oil Algos Early Test
Algorithmic traders have racked up a third straight year of losses in oil.
11:15 AM EST | February 03, 2026
Devon, Coterra Sign 'Blockbuster' Merger Deal
Devon Energy and Coterra Energy announced the signing of a definitive agreement to merge in an all-stock transaction.
10:04 AM EST | February 03, 2026
USA Flagged Oil Tanker Hailed by Iranian Ships in Hormuz
An oil tanker that's part of a US-military fuel procurement program was hailed by small armed ships in the Strait of Hormuz off Iran's coast.
9:46 AM EST | February 03, 2026
USA Upstream M&A Regains Momentum
'After a midyear slowdown, U.S. upstream M&A regained momentum in 4Q25', EIR said.
7:27 AM EST | February 03, 2026
North America Adds 3 Rigs WoW
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
6:39 AM EST | February 03, 2026
Oil Closes Sharply Lower as Iran Risk Fades
Oil prices plunged as easing Iran tensions erased geopolitical risk premiums and sparked a broader commodities selloff.
4:30 PM EST | February 02, 2026
Trump to Launch $12B Critical Mineral Stockpile
President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed money.
11:03 AM EST | February 02, 2026
Texas Upstream Oil, Gas Employment Was Steady in 2025
'Through November 2025, upstream employment totaled 201,200 jobs', TXOGA said.
10:49 AM EST | February 02, 2026
Analysts Explain Energy 'Bloodbath'
Rigzone talks to several analysts.
9:20 AM EST | February 02, 2026
Trump Eyes Iran Nuclear Deal
U.S. President Donald Trump said he anticipated talks with Iran over a new nuclear deal in the coming days.
6:16 AM EST | February 02, 2026
Saudi Supply Hikes Help Drive Best GDP Growth Since 2022
Saudi Arabia's economy expanded at the fastest pace in three years in 2025.
5:25 AM EST | February 02, 2026
Chevron Sees Self-Funding Model in VEN to Safeguard Cash
Chevron's cautious stance on injecting fresh capital is a reality check on how quickly the nation's oil industry can be revived.
7:00 AM EST | January 31, 2026
Oil Closes Lower but Posts Strong Monthly Gain
Oil slipped on diplomatic signals toward Iran but still posted its biggest monthly gain since 2022.
4:25 PM EST | January 30, 2026
Greece Warns Shipowners Against Sailing Near Iran Coast
Greece, home to the world's largest oil tanker fleet, told the nation's vessel owners to do what they can to stay away from Iran's coast.
4:00 PM EST | January 30, 2026
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