Wright Says Trump Administration Has No Plan to Restrict Oil and Gas Exports
(Reuters) – U.S. Energy Secretary Chris Wright on Thursday said in a post on X that President Donald Trump’s administration has no plan to implement restrictions on oil and gas…
US May Remove Sanctions on Iranian Oil Stranded in Tankers, Bessent Says
(Reuters) – The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices, U.S. Treasury Secretary Scott Bessent said…
Despite Trump Remarks, Israeli Officials Say US Knew of Strike on Iran Gas Field
(Reuters) – Israel’s attack on an Iranian gas field on Wednesday was coordinated with the United States but is not likely to be repeated, three Israeli officials said, despite President…
US Objectives in Iran Have Not Changed, Hegseth Says
(Reuters) – U.S. Defense Secretary Pete Hegseth said on Thursday that the United States’ objectives in the war against Iran have not changed since strikes started on February 28. The…
RANKED: The Top Crude Oil Producers in 2025 – Visual Capitalist – See How Countries Rank
By | Editing | Design Key Takeaways The U.S. was the world’s largest crude oil producer in 2025, pumping 13.58 million barrels per day. Five of the world’s top 10…
Oil Jumps Above $119 a Barrel, Then Settles Back, on Middle East Energy Attacks
Summary Qatar, Saudi Arabia, Kuwait hit by Iran missile attacks Brent premium over WTI widening Brent near March 9 highs (Reuters) – Benchmark Brent oil prices jumped above $119 a…
US Oil Exports Seen Rising as WTI Discount to Brent Hits Widest in 11 Years
Reuters The discount for U.S. crude futures versus Brent on Wednesday hit the widest in 11 years, as attacks on Middle Eastern oil infrastructure drove the global benchmark higher while…
Trump Administration Alaska Lease Sale Attracts $163 Million From Major Oil and Gas Players
The U.S. government on Wednesday held its most successful sale ever of oil and gas drilling rights in Alaska’s National Petroleum Reserve, attracting $163 million in winning bids from industry…
Oil Extends Gains to Rise 5.6% After Iran Attacks Gulf Energy Facilities
By Oil exports from Iraq and Libya resume Wednesday amid security, economic challenges Qatar , Saudi Arabia hit by missile attacks from Iran Brent, WTI futures extend gains in post-settlement…
Vance to Meet With Oil Trade Group, Acknowledges ‘Rough Road Ahead’ on Gas Prices
By and WASHINGTON, March 18 (Reuters) – U.S. Vice President JD Vance and Energy Secretary Chris Wright will meet on Thursday with the American Petroleum Institute, the nation’s largest oil…
