Oil & Gas Industry News

The Middle East 'is closer to a war involving the U.S. than has been the case for some three decades', Ed Morse warned.

Oil prices surged as markets reacted to the possibility of Israel targeting Iran's oil infrastructure, raising concerns about global supply disruptions amid rising Middle East tensions.

The oil market has been transfixed by the latest crisis in the Middle East.

Israeli warplanes bombed Beirut and traded hostilities with Hezbollah fighters in southern Lebanon.

'There is no 'safe harbor' during a hurricane', Aaron Roth, principal and head of federal strategy at security risk management company the Chertoff Group, told Rigzone.

Rigzone talks to representatives of the American Enterprise Institute and The Heritage Foundation.

The acquisition provides a significant high-quality addition to Tourmaline's South Montney asset base.

Oil prices fluctuated as rising US crude stockpiles and OPEC+ production plans signaled ample supply, offsetting concerns about potential disruptions from Middle East tensions.

'With Israel's ground incursion into Lebanon, and Iran's missile attack on Israel, the conflict continues the path of escalation', a SEB Strategist warned.

Executives from oil and gas firms revealed where they expect the WTI crude oil price to be at various points in the future as part of the latest Dallas Fed Energy Survey.