Oil & Gas Industry News
Welcome to the Energy News Page. Here you can find links to the latest news from reputable sources in the oil and gas industry.
Crude Gains as Peace Deal Doubts Grow
Rigzone
Tue, 02 Jun 2026 20:43:50 GMT
Oil prices rose as doubts emerged over a US-Iran peace agreement.
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Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Rigzone
Tue, 02 Jun 2026 14:42:32 GMT
Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.
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North America Adds 28 Rigs Week on Week
Rigzone
Tue, 02 Jun 2026 14:36:44 GMT
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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JP Morgan Sees Increasing Monthly Oil Demand Losses
Rigzone
Tue, 02 Jun 2026 11:06:57 GMT
'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.
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Analyst Flags Conflicting USA-Iran War Statements
Rigzone
Tue, 02 Jun 2026 09:55:28 GMT
'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.
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Crude Surges on Iran Tensions
Rigzone
Mon, 01 Jun 2026 20:09:32 GMT
Brent and WTI rallied after reports Iran may halt US negotiations.
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France Boards Tanker Tied to Russian Oil Trade
Rigzone
Mon, 01 Jun 2026 20:00:00 GMT
France's navy boarded another oil tanker on the high seas after it sailed from Russia.
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NOAA Predicts 2026 Atlantic Hurricane Activity
Rigzone
Mon, 01 Jun 2026 15:12:05 GMT
NOAA revealed that it is predicting a 'below normal' Atlantic hurricane season this year.
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Why Is the Oil Price Rising Today?
Rigzone
Mon, 01 Jun 2026 10:44:33 GMT
Why is the oil price rising on Monday?
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Oil Settles at Six-Week Low
Rigzone
Fri, 29 May 2026 20:12:10 GMT
Traders bet the Strait of Hormuz could reopen as truce negotiations continue.
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