Oil & Gas Industry News

A Greek-run oil tanker was attacked in the Black Sea after loading a Russian-origin cargo.

Crude gained as Hormuz tensions, tanker threats and tight fuel markets supported prices.

North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Will oil prices keep rising as Iran tensions threaten global crude supply?

The prospects for peace in the Middle East suffered a fresh setback.

Crude futures gained as geopolitical risks remained elevated across the Middle East.

Shares in Vista Energy SAB, Argentina's top oil exporter, jumped in New York on Monday.

Power constraints are becoming a real brake on robotic adoption, said Robert Liew, Director, Integrated Energy Research, at Wood Mackenzie.

Ole Hansen, Saxo Bank's Head of Commodity Strategy, highlighted that the monthly oil market reports from the EIA, IEA, and OPEC 'continue to highlight a massive divergence'.

Bjarne Schieldrop, Chief Commodities Analyst at SEB, explains why Brent hasn't rallied to $150 per barrel or higher.