Oil tops $115 as US reportedly tells Gulf allies to prepare for strikes on Iran after midterms
Renewed escalation risk around Iranian and Saudi energy infrastructure is driving crude to multi-year highs ahead of US midterms.
Rigzone · +8 outlets
Trump EPA proposes rollback of Biden-era methane rules for oil and gas wells
The EPA's proposed revisions to methane standards would cut costs for producers but draw criticism over emissions from the leakiest wells.
Eos · +15 outlets
European gas hits €100 for first time since 2022 energy crisis
Benchmark European gas prices tripled from early this year as tight supply and winter demand strain consumers and industry.
Oilprice · +12 outlets
Goldman warns global oil stocks approaching eight-year low as depletion accelerates
Banks and the IEA flag thinning global inventories and readiness to tap emergency reserves if supply losses deepen.
EnergyNow.com · +7 outlets
Equinor profit doubles as oil and gas prices surge, raises 2026 output forecast
The Norwegian producer lifted its production growth target to about 4% after record refinery earnings and higher commodity prices.
Oilprice · +14 outlets
US crude inventories fall for fourth straight week, EIA says
A 1.9-million-barrel drawdown beat expectations and kept pressure on a market already short of spare supply.
Oilprice · +14 outlets
US Strategic Petroleum Reserve falls to lowest level since 1982
Repeated drawdowns have left the SPR at a four-decade low as the US weighs further releases amid tight markets.
EnergyNow.com · +14 outlets
UBS raises Brent forecast to $110 by year-end as Gulf flows stay below prewar levels
The bank lifted its 2026 and 2027 crude projections, arguing diplomatic talks will not quickly restore lost supply.
Oilprice · +10 outlets
US natural gas production on track for second straight record year
Producers are ramping output to meet surging domestic power demand from data centers and strong export demand.
Oilprice · +14 outlets
US refinery stocks up about 150% this year, but refiners post worst day since tariff shock
Historically strong refining margins have lifted fuel stocks even as traders question how long the run can last.
24/7 Wall St. · +8 outlets
QatarEnergy extends LNG force majeure to end of 2026
The extension prolongs a supply gap that has helped drive European and Asian gas prices sharply higher.
Crude Oil Prices Today · +14 outlets
Petrobras Q3 oil and gas output rises 12% to record high
Brazil's state-controlled producer reported record quarterly output even as oil markets stay tight.
Crude Oil Prices Today · +2 outlets
GE Vernova to buy high-voltage gear maker Trench Group for $9 billion, raises forecast
The grid equipment deal and third guidance raise reflect surging demand for power infrastructure tied to electrification.
Oilprice · +14 outlets
EQT-Range deal will create $50 billion natural gas champion
The merger would form the largest US natural gas producer by enterprise value.
Rigzone · +14 outlets
China secures steep discount on Russian gas as Moscow's leverage weakens
Duma documents show China paying an average of about $248 per thousand cubic meters, underscoring Russia's fiscal dependence on Beijing.
Oilprice · +3 outlets
US crude oil inventories: traders eye falling stockpiles as prices surge past $115
Crude rebounded above $115 on renewed Saudi refinery supply concerns.
Oil & Gas 360 · +14 outlets
India's record LNG buying collides with record-high prices
Declining domestic output is forcing India to buy more seaborne gas at prices that have tripled in a year.
Oilprice
OPEC+ expected to hold December oil targets steady as disruptions persist
The group is seen keeping output policy unchanged while supply remains disrupted.
Oil & Gas 360 · +1 outlets