Oil Prices Diverge as Supply Risks Mount
WTI surged 3% while Brent edged lower amid shifting shipping costs and tight global supplies.
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Aramco CEO Warns Oil Squeeze is Serious
Globally, the squeeze on crude oil is serious, Aramco President and CEO Amin H. Nasser said.
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Angola Seeks to Keep Oil Output Above 1MM Barrels a Day
Angola wants to keep crude production above 1 million barrels per day.
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USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
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IEA Says UAE Oil Output Surged to Records in September
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said.
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Trump Touts 'Massive' Oil, Gas Exploration in Greenland
U.S. President Donald Trump said 'Massive Oil, Gas, and Mineral Exploration is getting ready to begin' in Greenland.
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North Sea Production Emissions Fall for 6th Straight Year
The North Sea Transition Authority announced that emissions in the North Sea have fallen for a sixth consecutive year.
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Container Ship Sinks in Strait of Hormuz
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
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Aramco's New China Refinery Venture Gets 1st Crude Cargo
Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China.
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Oil Gains as Global Supply Risks Mount
Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.