Archive snapshot · Energy
Mon, Oct 5, 9:32 PM ET
Aramco CEO warns global oil inventories are 'scarily thin', rebuild could take two years
Amin Nasser said the world has lost roughly 3 billion barrels of gross supply since the Iran war began and that restoring normal stock levels depends on a full
Oilprice · +15 outlets
G7 to release 100 million barrels from emergency oil stocks over four months
The coordinated release, front-loaded with diesel, aims to calm a fuel market strained by Middle East supply disruptions, though analysts call it a temporary fi
Oilprice · +13 outlets
Oil falls as Middle East crude exports top pre-war levels and G7 plans stock release
Rebounding export volumes and thinner Hormuz traffic have eased supply fears, pushing crude prices lower even as shipping risks persist.
Latest news from Azerbaijan · +14 outlets
Cenovus to buy Athabasca Oil in C$5.7 billion deal, expanding production
The all-stock Canadian oil sands consolidation drew investor concern about Cenovus's debt load, with shares falling on the announcement.
Reuters · +9 outlets
US SPR crude stocks fall to lowest level since 1982 as new sale looms
The reserve fell by about 767,000 barrels to roughly 283 million barrels, underscoring how little emergency buffer Washington has left amid continued releases.
marketscreener.com · +14 outlets
Iran's oil minister resigns as US blockade chokes crude exports
Iran's crude exports and revenue are approaching zero, handing control of the country's key industry to the National Iranian Oil Company chief.
Oilprice · +13 outlets
Baker Hughes signs two Venezuela deals targeting gas, oil and LNG development
The agreements could open a path to Venezuela's first-ever LNG exports and expand its natural gas infrastructure.
World Oil · +14 outlets
Saudi Aramco cuts Asian crude prices, sending oil prices lower
The official selling price cut signaled softer demand expectations from Asia's biggest buyers, adding pressure to benchmark crude and natural gas futures.
Rigzone · +14 outlets
Trump blames refinery closures and Ukraine war, not Iran conflict, for high US fuel prices
The remarks deflected blame for elevated gasoline prices as voters rank fuel costs among their top economic concerns.
Al Jazeera · +14 outlets
Supreme Court hears Boulder climate damages suit against Exxon and Suncor
The justices are weighing whether the state-court climate liability case can proceed, a test of municipal climate litigation against oil majors.
Oilprice · +14 outlets
US national average gasoline price falls to $4.41 as crude eases
Pump prices slid across most states on lower crude benchmarks and seasonal demand cooling.
Woodall's Campground Magazine · +14 outlets
EU weighs delay of methane rule as energy supply risks mount
The methane regulation takes effect in January but faces pushback from major energy exporters who have alternative buyers for their volumes.
Oilprice · +12 outlets
Russia's oil and gas budget revenue falls 17% in first nine months of 2026
Moscow's hydrocarbon tax take dropped sharply despite higher Urals crude prices, with September revenues down 22%, as sanctions and sanctions-related price caps
Fana News - · +12 outlets
EU electric vehicle sales hit record high as fuel prices surge
Record pump prices and a wave of new affordable models drove European EV registrations to an all-time high this year.
Oilprice · +14 outlets
Georgia gas prices drop 33 cents after Kemp suspends fuel tax
The governor's three-month fuel tax suspension delivered immediate relief at the pump for Georgia motorists.
The Center Square · +14 outlets
Florida gas prices fall 29 cents in a week, some stations drop below $4
AAA data showed a double-digit statewide decline as crude costs retreated, though Key Biscayne stations held near $6 a gallon.
The Capitolist · +14 outlets
Iran reportedly charging tolls on oil traffic through Strait of Hormuz
Questions mount over whether Tehran is extracting fees from tankers transiting the waterway amid reduced shipping traffic.
Al Jazeera
Ohio motorists see lower prices after governor approves three-month fuel tax break
Ohio became the latest state to suspend fuel taxes as gasoline prices fell around the country.
yahoo

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