Why Has Oil Not Gone Higher in Wake of USA-Iran Conflict?
Friday May 15, 2026 – Rigzone talks to oil and gas analysts from Standard Chartered, Wood Mackenzie, and the American Enterprise Institute.
Oil Price Up More Than 3% as Fears of Renewed US-Iran Combat
Summary Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out…
US Oil Refiners Finally Profit From Biofuels Due to Mandates, High Fuel Prices
Summary Companies EPA mandates boost biofuel blending, driving refiner profits RIN credit prices surge over 80%, enhancing biofuel profits Soyoil costs, limited supply could limit biodiesel output, analysts say NEW…
Oil Prices Climb More Than 3% on Fears of New US-Iran Combat
Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out of…
US Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since September 2025, energy services firm…
India Signs LPG and Strategic Oil Reserves Deal with UAE
India on Friday signed a strategic agreement with the United Arab Emirates to receive liquefied petroleum gas from the UAE, as well as a Memorandum of Understanding (MoU) on strategic…
India’s Trade Deficit Jumps as Energy Import Prices Soar
India’s trade deficit widened in April by more than analysts had expected as the surge in oil and gas prices hiked the Indian energy import bill. Trade deficit jumped to…
BP Weighs Egyptian Gas Asset Sale in Restructuring Drive
Amid a new company restructuring, BP is weighing a potential sale of some of its natural gas assets in Egypt, Reuters reported on Friday, citing multiple sources familiar with the…
Trump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting Bans
Chinese President Xi Jinping and U.S. President Donald Trump attend a meeting on the sidelines of their visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. REUTERS/Evan Vucci…
Why the Price of Gas Is the Most Important Number in US Politics
Gasoline accounts for a shrinking share of household budgets, but its political power can still make or break a presidency. By In his 1987 book, Trump: The Art of the…
