Oil & Gas Industry News

Crude retreated as signs of reduced geopolitical risk outweighed recent bullish momentum and options-driven volatility.

Shale billionaire Harold Hamm said oil companies need guarantees that their assets won't someday be seized by Venezuela if they help revive the nation's crude production.

Eli Rubin, an energy analyst at EBW Analytics Group, highlighted that the February natural gas contract 'collapsed' yesterday.

Oil prices retreated after a five-session rebound as concerns about the geopolitical situation in the Middle East abated to some extent, Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group, said.

OEUK describes itself on its website as the leading trade association for the UK offshore energy industry and a not for profit membership organization with a history stretching back five decades.

Oil prices reversed sharply after Trump suggested Iran's crackdown may be easing, reducing fears of immediate US military action.

Texas upstream employment and job postings declined in the fourth quarter of 2025, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.

Trump's warnings and protests in Iran pushed crude to multi-month highs.

An oil tanker seized by Iran two years ago was released.

'The February contract netted a 24.0 cent gain yesterday - reversing Friday's 23.8 cent decline', EBW Analytics Group Energy Analyst Eli Rubin said.