Oil Falls to Lowest Since Start of Iran War After Ceasefire Deal Signed
Pumpjack Sunrise Summary Brent, WTI back to early-March levels US-Iran 14-point agreement extends April ceasefire for 60 days Market fundamentals expected to remain tight Ukraine hits Moscow refinery in major…
Gulf Exporters’ Quest to Bypass Hormuz Will Reshape the Region: Bousso
Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a…
Activist TOMS Capital Pushes US Shale Producer Devon to Quicken Asset Sales or Sell Itself
Reuters Activist investor TOMS Capital Investment Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale operator to sell assets or put itself up for…
How Jones Act Waivers Keep Energy Moving – API Feature
June 17, 2026 Energy supply matters, but so does the ability to move it where it’s needed. The disruption in the Strait of Hormuz has tested global energy markets and…
Morgan Stanley Lowers Oil Price Forecasts After US-Iran Peace Deal
Morgan Stanley has lowered its Brent crude oil price forecast for the fourth quarter of this year by $15 per barrel to $80, after the U.S. and Iran signed a…
While Trump Hails Gulf Oil Flowing, Iran’s Fleet Also Gearing Up to Boost Exports
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading. At least…
US Crude and Gasoline Inventories Fell Last week, Distilltes Rose, EIA Says
Storage Cushing Tanks U.S. crude oil and gasoline stockpiles fell last week, while distillate inventories rose, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell by 8.3 million…
Trump Erases Another $765 Million in Offshore Wind Leases
Bloomberg The Trump administration is canceling four offshore wind leases held by power developer Invenergy LLC that total $765 million, the latest move by the White House to block new offshore wind…
Trump Suggests Sanctions on Iran Could be Removed Once ‘They Behave’
Image Depicting USA – IRAN Deal U.S. President Donald Trump on Wednesday suggested that sanctions on Iran would be removed once “they behave.” “As far as sanctions are concerned, at…
US Shale Stays in the Money Despite Oil Price Drop
Pumpjacks Permian Basin Long-dated prices still support drilling as buyers seek alternatives to Middle East barrels. Just over a month ago, shale heavyweight Diamondback Energy Inc. announced the “light has…
