1+ week, 5+ day ago   (505+ words) (Investing) – HOUSTON – Brent crude prices were marginally higher in a volatile session on Wednesday, driven by renewed military strikes between the United States and Iran that have restricted world oil supply. The U.S.-Iran war is now in its…...

1+ week, 6+ day ago   (518+ words) (Investing) – Oil prices climbed about 2% to a one-week high on Wednesday as a resumption in fighting between the U.S. and Iran renewed fears of supply disruptions from the Middle East. Brent futures rose $1.55, or 1.7%, to $92.04 a barrel at 10:33 a.m. EDT…...

2+ week, 3+ day ago   (853+ words) (BOE Report) – The Iran war’s redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict. The war has…...

2+ week, 3+ day ago   (84+ words) Oil & Gas 360 Chinese state oil giant CNOOC sees potential for US-China energy cooperation (BOE Report) – Chinese state-owned oil and gas major CNOOC sees potential for energy cooperation between China and the United States, its CEO said on Thursday, adding that…...

2+ week, 3+ day ago   (426+ words) (Oil Price) – Almost half of the world’s oil supply is produced in regions currently engaged in hot conflicts, Reuters reported this week. The situation raises questions about long-term oil supply security and the limits to diversification. The Middle East, of…...

2+ week, 4+ day ago   (361+ words) (Oil Price) – Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 billion in sales as exports tumbled by as much as 96%, Reuters calculations showed on…...

2+ week, 5+ day ago   (461+ words) (Investing) – Oil prices fell on Wednesday, extending declines from the prior session, as media reports pointed to progress in diplomatic efforts to halt hostilities in the Middle East and reopen the Strait of Hormuz. Brent crude futures, the global oil…...

2+ week, 6+ day ago   (946+ words) (Oil Price) – Norway is producing oil and gas faster than the industry is finding new resources, increasing the risk of a steep decline after 2030, according to a new report from the Norwegian Offshore Directorate. The warning comes despite strong current…...

2+ week, 5+ day ago   (303+ words) (Oil Price) – Norway’s energy major Equinor hopes to make a “pretty big” oil discovery offshore Namibia, the global exploration hotspot it has just entered, a senior company official said on Tuesday. Equinor hopes that the Petroleum Exploration License 90 (PEL 90) offshore…...

2+ week, 6+ day ago   (427+ words) (Investing) – Oil prices fell 3% to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation. Brent crude futures were down…...