- — Oil hovers below $100 as Trump signals progress in Iran talks
- Oil prices sat below the $100-a-barrel level on Wednesday, as investors assessed signs of diplomatic progress between the U.S. and Iran and improving prospects for Middle Eastern crude flows. By 04:28 ET (08:28 GMT), Brent crude futures, the global oil benchmark, had inched up by 0.2% to $99.48 a barrel, while U.S. West Texas Intermediate ...
- — Crude Stock Surprises with Unexpected Increase, Defying Forecasts
- The American Petroleum Institute (API) has released its latest report on the weekly crude stock levels, revealing an unexpected increase in US crude oil inventories. The most recent data shows an actual increase of 1.786 million barrels, which stands in stark contrast to the forecasted decline of 0.500 million barrels. This unexpected rise in crude ...
- — War is reshaping LNG beyond winter
- If LNG leaders went to Gastech 2026 in Bangkok looking for signs of direction amid the turmoil of the conflict in the Middle East, they left sorely disappointed. But over the four days came a collective realisation that the LNG market is not going back to normality any time soon. As conference Knowledge Partner, Wood ...
- — US refiners may maximize distillate output at expense of petchems
- US production of aromatics from refineries could get squeezed as refiners seek to maximize distillate production at a time when diesel and jet fuel are earning significant premiums over gasoline. Spreads are approaching records last seen in 2022, when the war started between Russia and Ukraine. After a respite from that earlier surge, spreads have ...
- — US Natgas Prices Hit 11-Week High
- US natural gas prices climbed above $3.0/MMBtu, reaching their highest level since July 8, as forecasts for hot US autumn weather pointed to stronger demand for gas-fired power generation. Above-average temperatures are expected across the South-Central US through October 6, potentially extending air-conditioning use and lifting gas consumption. The storage surplus is also shrinking as ...
- — EIA: Public companies produce most U.S. crude oil and natural gas
- Publicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the ...
- — G7 considers another oil stocks release – Emmanuel Macron
- The Group of Seven (G7) countries are planning to convene in the coming weeks to discuss another round of release from their emergency oil stocks amid supply concerns due to dispute in Saudi oil deliveries. The G7 leaders will meet to discuss emergency stock levels, production capacity and assess unlocking their Strategic Petroleum Reserves (SPRs) ...
- — Speculators increase net-long positions in Brent
- Money managers and hedge funds have increased their net-long bets on ICE Brent futures in the week to 15 September. Speculators bought a little short of 17,000 lots as of 15 September, increasing net-long positions in Brent futures to over 282,000 lots. The surge in net-long positions marks the second consecutive week of rise. Gross-long ...
- — Oil rises as markets eye U.S.-Iran talks, Saudi flows
- Oil prices rose in Asian trading on Tuesday after four consecutive sessions of losses, as investors focused on the possibility of U.S.-Iran talks on the sidelines of the United Nations General Assembly this week. As of 02:02 ET (06:02 GMT), Brent Oil Futures expiring in November rose 1.5% to $101.82 per barrel, while West Texas ...
- — Oil markets strain to plug the gap left by Middle East supply shortfall
- Upward oil price pressures resume as Middle East disruptions persist Benchmark oil prices have once again been on an upward trend in recent weeks as renewed hostilities in the Middle East conflict have brought more disruptions to the region’s oil exports. Prices for crude and oil products had eased from their April peaks in the ...
- — WCS crude discounts widen on major refinery works, reduced pipeline capacity
- Western Canadian Select crude differentials to West Texas Intermediate remained at over two-year lows on Sept. 21, marking their seventh consecutive day of declines, amid major planned refinery work, maxed-out pipeline capacity, and rising production, according to comments from industry officials and Platts assessments from SP Global Energy. Platts assessed WCS at Hardisty, Alberta, down ...
- — Brussels to keep ban on Arctic oil and gas drilling despite Norwegian pressure
- A ban on new oil and gas drilling in the Arctic will remain the European Commission’s official position in a revised strategy Brussels is due to unveil, a Commission spokesperson told Euronews, despite fierce pressure from oil-rich Norway to drop the ban. The revised version of the EU’s 2021 Arctic strategy will be announced on ...
- — The LNG glut has been delayed, not cancelled
- IEEFA was an early voice warning that an unprecedented wave of new LNG supply could leave exporters chasing too few buyers. By 2024, the International Energy Agency (IEA)’s World Energy Outlook was pointing in the same direction. Market analysts were expecting the glut to start hitting this year, causing prices to drop materially. However, the ...
- — European Gas Prices Rise After Sharp Drop
- European natural gas prices rose toward €74 per megawatt-hour on Tuesday, having slumped nearly 8% to a two-week low in the previous session on renewed diplomatic efforts to end the Middle East war and improving vessel flows. Investors are awaiting developments on potential talks between US President Trump and Iranian President Pezeshkian this week, as ...
- — US rig count gains
- The total number of rigs drilling for crude oil and natural gas in the US increased by four to 595 in the week ending 18 September, according to Baker Hughes. The number of oil and gas rigs increased by two units each over the week to 452 and 134, respectively. There were also nine miscellaneous ...
- — Brent locked in stalemate amid Middle East tensions and de-escalation hopes
- The front-month ICE Brent contract has lost by $0.81/bbl on the day from Friday, to trade at $101.90/bbl at 09.00 GMT. Upward pressure: Brent crude’s price has felt some upward pressure as supply-related risks continue to persist. The US President Donald Trump has issued fresh warnings, stating that Iran risks being “wiped out” entirely, if ...
- — Oil extends decline amid U.S.-Iran diplomacy hopes
- Oil prices fell nearly 2% in Asian trading on Monday, extending losses from last week, as investors focused on diplomatic efforts to end the U.S.-Iran war even as fresh attacks by Yemen’s Iran-backed Houthis kept tensions elevated. As of 03:02 ET (07:02 GMT), Brent Oil Futures expiring in November fell 1.8% to $101.99 per barrel, ...
- — Saudi buffer runs thin, Atlantic barrels reprice
- Saudi Arabia’s East-West pipeline outage has removed a key bypass around Hormuz just as Yanbu inventories are running low. Dubai M1-M3 has widened sharply, reopening west-to-east arbs and increasing competition for Atlantic barrels. Europe remains tight as Forties moves east and Saudi availability falls, while WTI looks increasingly cheap abroad despite tightening US balances. Trading ...
- — After the Strikes: What Next for Qatar, Iran and the World’s Largest Gas Field?
- The 2026 Middle East conflict has struck at the centre of the global gas system. Strikes on Qatars North Field and Irans South Pars have taken capacity offline across a resource base that holds 25% of the worlds gas and supplies 10% of global production, creating cascading implications for LNG markets, buyer behaviour, and long-term ...
- — European Gas Drops as Traders Monitor Middle East Diplomacy
- European natural gas prices fell below €79/MWh on Monday after surging in the previous session, as traders monitored diplomatic efforts to end the Middle East conflict. President Donald Trump said he would probably be open to meeting Iranian President Masoud Pezeshkian, who is expected to attend the United Nations General Assembly later this week, though ...
- — Oil price pullback masks lingering physical crude scarcity
- Oil prices fell for a third consecutive session on Friday as Saudi Arabia moved to restore disrupted exports, but markets remain focused on whether repairs to the East-West pipeline and improving Strait of Hormuz flows will be enough to ease tight physical crude supplies. • Saudi Arabia targets partial restoration of East-West pipeline within days ...
As of 9/23/26 2:09pm. Last new 9/22/26 5:28pm.
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