Saudi Aramco fuel tank fire near Riyadh airport follows overnight Houthi danger alerts
Saudi Arabia issued an all-clear over Riyadh on Saturday after residents heard booms and watched black smoke rise near King…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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Supertanker shortage threatens global oil flow as freight costs hit record levels
A supertanker shortage is pushing freight costs for very large crude carriers to record levels, making some long-haul oil shipments…
Oil Prices Snap Two-Week Rally as Iran Diplomacy Eases Supply Fears
Oil prices fell for a third straight day Friday, ending a two-week rally that had lifted crude nearly 20%. Easing…
Panama Canal Auction Fees Hit Record $5.3 Million as Hormuz Crisis Reroutes Global Shipping
Disruptions at the Strait of Hormuz are spilling into global shipping thousands of miles away, pushing oil and LNG cargoes…
US oil and gas rig count climbs to 595 as production edges lower
The US active rig count rose to 595 this week, with both oil and gas rig counts climbing, according to…
