Russia Cuts Oil Exports Amid Fuel Shortages and Drone Attacks
As Russia reduces its oil exports, the impact on crude oil prices is becoming evident, influenced by ongoing fuel shortages and drone attacks affecting production.
Editorial Staff Jun 8
Oil & Gas
Latest Oil & Gas stories from Energy.
Oil Prices Rise Amid Renewed Middle East Supply Concerns
Recent developments have led to an increase in oil prices, driven by fresh worries regarding supply risks in the Middle East.
Editorial Staff Jun 8
Investor Anxiety Grows as US Treasury Yields Climb with Inflation and Oil Price Fluctuations
Recent increases in US Treasury yields reflect rising investor concerns about inflation and the volatility of oil prices, which continue to impact market dynamics.
Editorial Staff Jun 8
Future of Oil Trade Post-Hormuz: A New Landscape
The oil trade landscape is anticipated to undergo significant changes following the events at Hormuz, potentially altering crude oil prices and trade dynamics.
Editorial Staff Jun 7
Promising Oil and Gas Stocks for Increased Cash Returns
Explore leading oil and gas stocks that may enhance cash returns for investors in the near future.
Editorial Staff Jun 7
OPEC Plus to Increase Oil Production Amidst Ongoing Iranian Tensions
As tensions in Iran persist, OPEC Plus has announced plans to ramp up oil production, a move that could impact global oil markets.
Editorial Staff Jun 7
GlobalData Examines Potential GDP Growth Effects from Oil Price Shocks in 2026
A recent analysis by GlobalData explores the anticipated impact of oil price fluctuations on global GDP growth in 2026, highlighting potential economic challenges.
Editorial Staff Jun 7
Drone Strike Causes Fire at Foreign Oil Storage Facilities in Iraq
A fire has broken out at storage facilities belonging to foreign oil companies in Iraq, reportedly due to a drone strike. The situation is still developing.
Editorial Staff Jun 7
Industry Perspectives on the Current Oil Price Fluctuations: Stability and Future Risks
Industry leaders share their insights on the current state of oil prices, highlighting a stable situation now but expressing concerns about potential future risks.
Editorial Staff Jun 7
Current Oil Price Stability: A Temporary Calm Amid Future Risks
An examination of the present oil price dynamics suggests stability for now, but raises concerns about potential future volatility.
Editorial Staff Jun 7
Alberta Premier and Prime Minister Address Oil Pipeline Concerns at Conference
During a recent conference in Punta Marina, Alberta's Premier and the Prime Minister discussed the proposed oil pipeline, highlighting both its potential benefits and environmental concerns.
Editorial Staff Jun 7
OPEC+ to Implement Fourth Oil Quota Increase Amid Hormuz Strait Tensions
OPEC+ is reportedly preparing to raise oil quotas for the fourth time, as tensions in the Hormuz Strait persist, potentially affecting global oil prices.
Editorial Staff Jun 7
Global Oil Reserves Face Alarming Decline, Raising Concerns Over Future Prices
WANA News Agency highlights a troubling trend as global oil reserves approach a critical low, potentially leading to significant price increases.
Editorial Staff Jun 7
Ukrainian Drone Strikes Hit St. Petersburg Oil Terminal Amid Putin's Economic Forum
As President Putin hosts an annual economic forum, Ukrainian President Zelenskyy confirms drone strikes on an oil terminal in St. Petersburg, escalating ongoing tensions.
Editorial Staff Jun 7
Forecasting Crude Oil and Natural Gas Prices for March 18, 2026
An analysis of expected trends in crude oil and natural gas prices for March 18, 2026, based on current market insights.
Editorial Staff Jun 7
Concerns Rise as Dark Tanker Traffic Increases in Hormuz
The increase in tanker traffic in the Strait of Hormuz is raising alarms among market analysts regarding the transparency of oil shipments, impacting crude oil prices amid geopolitical tensions.
Editorial Staff Jun 6
U.S. Oil Drilling Activity Sees Longest Streak Since 2022 Amid Price Increases
The United States has recorded its longest continuous period of oil drilling activity since 2022, a trend attributed to rising oil prices.
Editorial Staff Jun 6
Obsidian Energy's $96 Million Acquisition Elevates Its Status in Belly River Oil Production
With a recent acquisition of light oil assets in Alberta for $96 million, Obsidian Energy has positioned itself as the largest producer in the Belly River region.
Editorial Staff Jun 6
Strategic Investment in Midstream Energy Amid Oil Price Volatility
As oil prices fluctuate, a focus on fee-based revenue models in the midstream sector presents a promising investment opportunity with strong growth potential.
Editorial Staff Jun 6
Ukrainian Drones Strike Key Energy Infrastructure in Russia
In a series of overnight operations, Ukrainian drones targeted significant energy facilities in Russia, including a major pipeline and a fuel depot.
Editorial Staff Jun 6