CommoditiesOil News
Oil price news today: Brent and WTI moves, OPEC+ decisions, supply disruptions and what energy prices mean for markets.
Commodities
RegulationLawmakers Introduce Legislation on Orphaned Oil and Gas Wells
CommoditiesIEA Member Countries to Release 325 Million Barrels of Oil
Commodities
India Maintains Crude Flow Amid Global Energy Crisis
According to The Times of India, the country successfully kept crude oil flowing during September amidst ongoing energy market pressures.
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Crude Oil Tanker Hit by Projectile Off Oman Coast
A crude oil tanker has been struck by an unknown projectile off the coast of Oman, according to Syrian state media.
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Central Valley Set to Open for Oil and Gas Leasing in December
The Central Valley is scheduled to open for oil and gas leasing this coming December.
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Crude Oil Cuts Losses as Traders Monitor G-7 Fuel Release Plans
Crude oil trimmed earlier losses as market participants assessed potential fuel release plans from the Group of Seven.
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Dated Brent Surges Above $120 Amid Severe Physical Oil Market Squeeze
Dated Brent climbs past $120 per barrel even as ICE Brent slips toward $101, driven by supply disruptions, export bans, and tightening physical inventories.
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G-7 Agrees to Release 100 Million Barrels of Crude and Oil Products
The Group of Seven has agreed to release 100 million barrels of crude and oil products to the market, according to The Wall Street Journal.
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OPEC+ Delays Oil Capacity Review After Iran War Disrupts Expansion Plans
OPEC+ has reportedly delayed its oil capacity review following the disruption of expansion plans caused by the war involving Iran.
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Ukrainian Forces Reportedly Strike Oil Facilities in Volgograd and Samara
Ukrainian forces have reportedly targeted oil facilities located in Russia's Volgograd and Samara regions.
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Oil Prices Rally as Signal Emerges Over Potential U.S. Action on Iran
Crude oil markets rallied following signals that the United States could target Iran following midterms.
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Brent Crude Oil Surges Past $102 Amid Hormuz Tensions
Brent crude oil prices surpassed $102 per barrel following escalating tensions in the Strait of Hormuz and the ongoing US-Iran conflict.
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Energy ETFs Outperform as Tanker Rates and Middle East Conflicts Surge
Energy exchange-traded funds outpace broader market gains in 2026, driven by futures exposure, surging tanker freight rates, and Middle East supply disruptions.
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Morgan Stanley Lowers Oil Price Forecasts After US-Iran Peace Deal
Morgan Stanley has revised its oil price forecasts downward following the announcement of a US-Iran peace deal.
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Tankers Navigate Dark Transit and Radio Silence Through Hormuz
Navigating oil tankers through the Strait of Hormuz has become a high-risk operation involving darkened lights and silent radios amid regional supply pressures.
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Federal Oil and Gas Permitting Bill Heads to White House
A federal oil and gas permitting bill has advanced to the president's desk following legislative progress.
Commodities
Venezuela Oil Exports Fall 9 Percent as Tanker Costs Rise
Venezuela's oil exports fell nearly 9% in September to 1.08 million barrels per day as surging tanker costs forced traders to demand steeper discounts and delayed cargoes.
Commodities
UK Holds Emergency Talks With U.S. Over Diesel Export Threats
Energy secretary Miatta Fahnbulleh has held discussions with her American counterpart as the Trump administration weighs potential restrictions on diesel exports to Europe.
Commodities
Oil Is Again Flowing Out of Hormuz
Oil has resumed flowing out of the Strait of Hormuz, according to a report published by Foreign Policy.