All Middle East Energy Assets at Risk, StanChart Warns

In a report sent to Rigzone by the Standard Chartered team late Wednesday, Standard Chartered Bank Energy Research Head Emily Ashford warned that, in the company’s view, “the marked escalation…

Goldman: Oil Shock Will Hit Jobs

The oil shock will soon show up where it usually does—jobs. Goldman Sachs warned that higher crude prices could cost the U.S. labor market around 10,000 jobs per month through…

Iran’s Gift To the World: 10 Oil Tankers Through Strait of Hormuz

President Donald Trump said Thursday that Iran allowed 10 oil tankers to transit the Strait of Hormuz, describing the move as a “present” and a sign of progress in ongoing…

Record Oil and Gas Output Fails to Shield CNOOC from Market Volatility

Lower oil prices offset a record-high oil and gas production to drag down the 2025 profit of Chinese oil and gas giant CNOOC from a year earlier and below analyst…

Ukraine Knocks Out 40% of Russia’s Oil Export Capacity in Baltic Drone Strike

Russia is scrambling to reroute oil flows after a fresh wave of attacks knocked out key Baltic export infrastructure—just as maritime risks are already piling up elsewhere. According to Reuters,…