Why Is the WTI Oil Price Rising More than Brent Intraday?
Why is the West Texas Intermediate oil price rising more than Brent today?
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Eni Nears Production at Meleiha Phase 2 in Egypt
The Italian company launched start-up procedures at Meleiha phase 2, designed to process up to 100 million cubic feet of natural gas per day, on Egypt's side of the Sahara Desert.
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Ithaca Energy Looking for New CEO
'The board has commenced a process to identify a successor', Ithaca Energy announced.
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EU Policy Draft Softens Language on Arctic Drilling
The wording has been a topic of intense discussions between the trade bloc and Norway, which has lobbied hard for the EU to abandon its climate-based opposition to oil and gas exploration in the high north.
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Oil Prices Hover Near Five-Month High
Brent remained near $110 as technical resistance limited gains despite escalating geopolitical risks.
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Iran's Main Oil Terminals Remain Empty
Iran's main oil-loading terminals have remained empty for weeks.
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North America Breaks Rig Count Addition Streak, BH Shows
North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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Philippines, USA Looking to Expand Cooperation on Energy Security
The Philippines and the U.S. are exploring an expansion of collaboration on energy security, according to Manila's energy department.
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EIA Sees Smaller Oil Crunch in 2026
The U.S. Energy Information Administration tightened its oil crunch prediction for 2026 in its latest short term energy outlook.
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Trump Says Diesel Deal Aims to Keep Russia Talks Going
President Donald Trump said he cut a diesel export deal with Russia and delayed imposing further sanctions because he doesn't want to drive Vladimir Putin away from peace talks.