Oil & Gas Industry News

Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.

KPC CEO Shaikh Nawaf Saud Al-Sabah 'reaffirmed the corporation's commitment to meeting its obligations to customers and partners worldwide, despite ongoing challenges'.

'Alaska remains central to America's energy future', MMA Acting Director Mike Olsen said.

'Energy security must unite us, not divide us', Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, and the President and CEO of QatarEnergy, said.

Oil production operations have not been affected by the attack, according to a source familiar with the matter.

Oil prices settled mixed as Middle East supply threats persisted and traders took profits.

The third quarter Dallas Fed Energy Survey examined theft in the oil field.

Chinese refiners will slow drawdowns of oil from reserves this month as crude imports recover, according to Energy Aspects.

October is beginning to look a lot like April for the oil market, analysts at J.P. Morgan said.

Brent settled above $106 amid escalating Middle East tensions and uncertainty over a Russia-Ukraine energy truce.