US Drillers Add Oil and Gas Rigs for Second Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since early February, energy services firm…
RANKED: The Top Buyers of U.S. Oil in 2025 – Visual Capitalist
By | Graphics/Design: Key Takeaways The Netherlands imported 419 million barrels, making it the world’s largest buyer of American crude, ahead of much larger economies like China, India, and Japan.…
BP Says Whiting Refinery Union Workers Reject its Latest Employment Contract
BP said late on Thursday that its represented workforce at its Whiting refinery in Indiana has voted not to ratify the company’s last, best, and final offer. “BP will continue…
Oil on Track for Weekly Gains Despite US Sanctions Waiver on Russian Oil
Summary US puts forward measures aiming to ease supply tightness Disruption of trade through Strait of Hormuz continues Goldman expects Brent will average over $100 a barrel in March (Reuters)…
Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz Closed
By Iran supreme leader says Strait of Hormuz to remain closed Iranian boats attacked two tankers in Iraqi waters IEA release of 400 million barrels may give limited relief NEW…
Oil Unlikely to Hit $200 a Barrel, US Energy Chief Says
U.S. Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and…
How Have US Presidents Tapped Strategic Petroleum Reserves During War?
(Reuters) – The U.S. plans to release 172 million barrels of oil from its Strategic Petroleum Reserve, more than 40% of a wider release coordinated with allies, to help dampen…
Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market
By BOCA RATON, Florida, March 12 (Reuters) – The heads of a number of top exchanges, including CME Group (CME.O) and Toronto Stock Exchange parent TMX Group (X.TO), oppose any…
US Navy Could Escort Vessels in Strait of Hormuz With International Coalition, Bessent Says
(Reuters) – The U.S. Navy, perhaps with an international coalition, will escort vessels through the Strait of Hormuz when it is militarily possible, U.S. Treasury Secretary Scott Bessent told Sky…
US Natgas Prices at Waha Hub in Texas Remain Negative for Record 25th Day
(Reuters) – U.S. spot natural gas prices for Thursday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 25th straight day…
