Hurricane Isaias shuts in 71.5% of US Gulf oil output, 58.8% of gas production
The storm has knocked nearly 1.46 million bpd of Gulf crude offline and forced evacuation of 129 platforms, tightening supplies into an already tight fuel marke
Oilprice · +13 outlets
Trump eases Russia sanctions, says Putin will release diesel amid US fuel price spikes
The move relaxes pressure on Moscow before the midterms as distillate markets scramble for barrels, with US diesel stocks near seasonal lows.
Oilprice · +14 outlets
Oil retreats after Trump rules out Iran strikes before midterms; Brent stays above $100
Crude eased from recent highs as traders weighed the pause in Iran tensions against ongoing tanker attacks and Gulf hurricane supply risk.
Oilprice · +15 outlets
US stocks rise as oil eases and tech rebounds; S&P 500 sets record
Easing crude prices and a rebound in AI-linked tech names helped US equities end a record-setting week higher even as Treasury yields stayed elevated.
TradingView · +15 outlets
IEA members back accelerating collective oil stock release
IEA governments support speeding up releases announced in the March 2026 collective action, though JPMorgan called the G7's 100 million barrel plan mostly old b
Rigzone · +14 outlets
EU gas storage short heading into winter after Hormuz crisis
Historically low storage for the season could force the bloc to cut demand by about 7%, according to the Institute for Energy Economics.
Oilprice · +13 outlets
Crescent Energy buys Devon's Eagle Ford business for $4.2 billion
The sale of a relatively mature asset frees Devon to accelerate buybacks and strengthens Crescent's position in a strong commodity price environment.
Rigzone · +14 outlets
Germany to release 15 million barrels from oil reserves
Berlin taps strategic stocks as part of the coordinated international effort to cool fuel prices.
Investing.com · +14 outlets
US gas prices fall slightly but remain at autumn record highs
AAA data show the national average dipping a few cents while staying historically elevated for the season amid refinery outages and crude strength.
Clarksville Online · +13 outlets
S&P 500, Nasdaq end lower as crude spikes and chip stocks weigh
An earlier session saw Wall Street unsettled by surging oil prices, falling tech shares and reversing bond yields.
Reuters · +10 outlets
Fed says refinery outages, not crude costs, are driving up gas prices
Distillate and gasoline supply constraints are doing more to lift pump prices than raw crude costs, according to the Fed.
Santa Clarita Valley Signal · +14 outlets
Australia nears final plan to reserve up to a fifth of LNG output for domestic buyers
The controversial gas reservation policy would redirect LNG volumes to local users and is being closely watched by global producers.
Rigzone · +11 outlets
Ukraine says it attacked a fourth Russian refinery this week
The strike on Lukoil's Ukhta plant is part of a sustained campaign against Russian refining capacity.
Rigzone · +14 outlets
Shell's former CFO commentary: US crude output on record pace but diesel crisis persists
EIA forecasts US crude production averaging a record 13.8 million bpd in 2026, yet refining constraints keep distillate tight.
Oilprice
Russia, Germany add diesel supply as global fuel market scrambles for barrels
Extra distillate volumes from both countries arrive as buyers search widely for supply amid tight inventories.
Oilprice · +10 outlets
Brent holds above $100 as Hormuz tanker traffic hits two-month low
Reduced tanker transits through the Strait of Hormuz have kept Brent elevated above the $100 mark.
Crude Oil Prices Today · +14 outlets
Asian refiners shun US crude as supertanker freight rates hit record $82 million
Freight costs have effectively closed the US Gulf to Asia arbitrage, pushing buyers toward Middle Eastern barrels.
Oilprice
US oil and gas rig count rises by five to 603, up 56 year over year
Baker Hughes data show drilling activity continuing a slow upward climb as producers respond to higher crude prices.
www.tokenpost.com · +2 outlets