Oil Extends Gains on Hormuz Uncertainty
Oil climbed for a fourth session as traders remained skeptical that a deal would quickly restore Hormuz flows.
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A Dozen Ships Switch Oil Outside Hormuz
A key oil supply valve from the Middle East that involves shuttle transits through the Strait of Hormuz is continuing to function.
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North America Breaks Rig Addition Streak
North America dropped three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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Trump Extends Narrowed Waiver of USA Jones Act
President Donald Trump has extended a waiver allowing foreign ships to transport oil and other commodities around the U.S. for 90 more days, albeit with new limits.
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Santos Starts Delivering Oil from Alaska Project
Santos loaded the first crude oil cargo from the Pikka development on Alaska's North Slope, headed to the West Coast for refining.
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Brazos to Grow Midland Gas Processing Capacity to 1.1 Bcfd
Brazos Midstream plans to build a cryogenic natural gas processing plant with a capacity of 300 million cubic feet a day in Glasscock County, Texas.
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NOAA Reveals Latest Atlantic Hurricane Season Prediction
The National Oceanic and Atmospheric Administration has revealed its latest prediction for the Atlantic hurricane season.
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CATL to Deliver 3 GWh Battery Supply for ContourGlobal Projects
ContourGlobal awarded CATL a contract to deliver storage systems for battery projects in Chile, Greece and the United Kingdom with a combined capacity of three gigawatt hours.
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Uniper Plans to Build Data Centers at Its Power Sites
The German power and gas utility has identified over 10 of its electricity generation sites that have suitable infrastructure to support co-located data centers.
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Why Are Oil Prices Rising?
Several analysts take a look.