Some OPEC+ Members See Scope to Resume Hikes in April
Some OPEC+ members see scope for the alliance to resume supply increases in April.
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ADNOC Drilling Delivers 'Best Year on Record'
ADNOC Drilling said it had delivered its 'best year on record with 2025 net profit of $1.45 billion'.
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Market Positioning Itself for Period of Higher Geopolitical Risk
'This is evident in both the gradual push higher in flat price, adjustments in the forward curve and volatility skew', Standard Chartered Bank Energy Research Head Emily Ashford said.
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Oil Trading Giants Say Sanctions Driving Up Prices
A ramp-up of sanctions pressure on Russia and Iran has tightened the screws on flows from the two nations over the past few months.
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Oil Drops Amid Supply And Equity Jitters
Oil prices fell as investors turned cautious on Iran risks and weaker equities.
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ADNOC May Expand LNG Tanker Fleet
Abu Dhabi National Oil Co.'s shipping arm is evaluating the purchase of liquefied natural gas tankers.
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Global Exploration Signaling 'Early Recovery'
Global exploration is signaling an 'early recovery', according to Enverus Intelligence Research.
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Ukraine Strikes 2nd Lukoil Refinery in Russia This Week
Ukrainian drones hit another Russian refinery owned by Lukoil PJSC.
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USA Crude Oil Stocks Rise More Than 8MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 428.8 million barrels on February 6, according to the EIA's latest weekly petroleum status report.
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USA Labor Market Report Underpins Energy Demand
Rystad Energy outlined that the January U.S. labor market report 'surprise[d]... to the upside, underpinning energy demand'.