Ukraine Hit 2 Large Russia-Linked Oil Tankers in Black Sea
Ukrainian naval drones hit two large Russia-linked oil tankers in the Black Sea.
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Analysts Examine Hormuz Crossings
Rigzone talks to analysts from Hartree Partners and Energy Aspects.
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USA Crude Oil Stocks Drop Almost 2MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 409.7 million barrels on July 10, the EIA's latest weekly petroleum status report showed.
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India Bars Seafarers from Hormuz Voyages
India has directed ship owners, ship managers and recruitment agencies to stop deploying the country's seafarers on vessels going through the Strait of Hormuz.
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USA-Iran Skirmishes Worsen as Hormuz Traffic Dwindles
The U.S. struck Iran for a fifth straight day overnight and hit a sanctioned oil tanker near the country's main export terminal.
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Oil Settles Higher
Oil prices rose as the US intensified strikes on Iran, heightening concerns over Middle East crude supplies despite weaker US fuel demand data.
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USA EIA Raises Henry Hub Price Forecast for 2026, 2027
The U.S. Energy Information Administration raised its Henry Hub natural gas spot price projection for 2026 and 2027 in its latest short term energy outlook.
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Russia Oil Sanctions Threat Could Complicate USA-India Talks
Fresh U.S. threats to impose sanctions on countries buying Russian oil may complicate ongoing trade negotiations between Washington and New Delhi, according to people familiar with the matter.
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Asian Oil Refiners Scoop Up USA Crude
At least 11 million barrels of U.S. crude were sold to Asia late on Tuesday, and more deals may follow, according to traders.
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USA Oil, Gas Workforce Drops from May to June
The number of employees in the oil and gas extraction industry dropped from May to June, data on the U.S. Bureau of Labor Statistics website showed.