Trending News: Why Has Oil Not Gone Higher in Wake of USA-Iran Conflict?Oil Price Up More Than 3% as Fears of Renewed US-Iran CombatUS Oil Refiners Finally Profit From Biofuels Due to Mandates, High Fuel PricesOil Prices Climb More Than 3% on Fears of New US-Iran CombatUS Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker HughesIndia Signs LPG and Strategic Oil Reserves Deal with UAEIndia’s Trade Deficit Jumps as Energy Import Prices SoarBP Weighs Egyptian Gas Asset Sale in Restructuring DriveTrump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting BansWhy the Price of Gas Is the Most Important Number in US PoliticsUS Says Chinese Leader Xi Opposes Strait of Hormuz TollMOL to upgrade Hungary biogas plant for biomethane injectionCanada’s LNG Ambitions Grow as British Columbia Warms to Gas ExportsCommonwealth LNG Approves $13 Billion Louisiana Export ProjectAustralia Rules Out LNG Export Curbs as East Coast Gas Supply Fears EaseADNOC to Double Hormuz-Bypass Export Capacity With New Pipeline in 2027Two hydrogen buses deployed in Indian capitalVideo | Can hydrogen hubs really work in India?Noble Helium advances helium exploration drilling in TanzaniaTop Stories Of The Day: SECI Awards Odisha Solar+BESS Project; UP Energy Expo 2026 Drives RE Growth; PGCIL Floats Andhra Pradesh BESS Tender & More…Explained: Improper String Sizing In Solar PV Systems And Its Impact On Overall EfficiencyUniper seeks hydrogen buyers from German green ammonia terminalAlbanian Consortium Seeks EBRD Support for 160 MWp Solar-Plus-Storage ProjectSingapore Emerges As Southeast Asia’s Key Hub For Clean Energy Finance And Regional Power CooperationNASA and Eta Space test cryogenic LOX technologies in orbitMexico’s President Announces the Resignation of Pemex CEO Victor RodríguezBrent Heads for 6% Weekly Gain as Trump Loses Patience With IranIndia Raises Fuel Prices for the First Time in Four YearsEVNGENCO1 Plans 270 MW Floating Solar Expansion In 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Energy Alliance Launch Africa Energy Partnership To Boost Jobs And Economic GrowthThree Spanish green hydrogen projects awarded €440m from national auctionIndian Green Energy Stocks Witness Mixed Trading Amid Strong Broader Market MomentumBimergen Energy Corporation Awards Major Construction Contract To TruGrid For Texas Battery Energy Storage ProjectsOil Prices Flat After Iran Says Dozens of Vessels are Crossing HormuzNew Attacks Reported on Ships Near Hormuz as Trump Discusses Iran with XiSaudi Aramco Looks to Raise $10 Billion from Real Estate Asset DealChevron Sells Singapore Refinery Stake to EneosJapan-Bound Oil Tanker Clears Strait of Hormuz Amid Iranian CrackdownUK Gov to Introduce Energy Independence BillInfinity Power Seeks European Funding for 1 GW Hybrid Renewable Project in EgyptUK advances PFAS phase-out but challenges remainSummit Ridge Energy Celebrates Completion Of 1.62 MW Melrose Park Community Solar Project In IllinoisBCGA appoints hydrogen expert as new President to ‘re-energise’ trade bodyBigadan launches biogenic carbon capture at Denmark plantSouth Korean and Japanese firms partner on future hydrogen projectsBurckhardt signs deal to acquire Italian biogas compressor businessHydrogenPro mothballs China plant, turns to Longi for capacity amid financial reviewIndia’s PM Orders 50% Slash in Motorcade Size to Save FuelRussia’s Oil Revenues Surge $6.3 Billion as High Prices Offset Production LossesEneos Buys Chevron Oil Assets in APAC for $2.2BGerman hydrogen network operators report early booking interestExxon, Chevron Face Dissent From Proxy Firms Ahead of Annual MeetingsUS Upstream Oil and Gas Dealmaking Hit Two-Year High in Q1 2026Italy prepares for return of nuclear powerWENRA says regulatory framework needed for nuclear shippingFANCO and AtkinsRéalis form strategic alliance for SMR deploymentChina eyes more U.S. oil amid Hormuz disruption, White House saysFirst RITM-200 reactor unit manufactured for Leningrad nuclear icebreakerOperation of Swiss plants up to 80 years feasible, report saysSolar to Surpass Coal in Texas Power Generation in 2026, EIA SaysUS Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA SaysUS Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA SaysA Middleware Approach to AI-Ready Power AssetBP Buys 40% Stake in Uzbek Oil and Gas BlocksIEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts ProductionMesser names new CEO in suite of leadership changesE-fuels firm Liquid Wind is up for sale after declaring bankruptcyNatural hydrogen firm secures €31m to carry out exploration campaign

Why Has Oil Not Gone Higher in Wake of USA-Iran Conflict?

Oil & Gas
May 16, 2026

Friday May 15, 2026
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Rigzone talks to oil and gas analysts from Standard Chartered, Wood Mackenzie, and the American Enterprise Institute.

Oil & Gas
May 15, 2026

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…

Oil & Gas
May 15, 2026

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…