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At Close: Jun 05, 2026
India's HPCL seeks Venezuelan crude to boost heavy oil processing at refineries
12:52am, Tuesday, 27'th Jan 2026
India's state-run Hindustan Petroleum Corp Ltd is seeking Venezuelan crude for the first time as the refiner plans to increase heavy oil processing in the new fiscal year starting April, Chairman Vika
Indian Oil to raise Brazilian crude purchases as Russian imports slow, executive says
11:56pm, Monday, 26'th Jan 2026
Indian Oil Corp , the country's largest refiner, has committed to buying more Brazilian crude in the fiscal year starting April, after reducing Russian oil imports, a company executive said on Tuesday
Crude Oil Drops Below Key Levels While Natural Gas Surges on Winter Demand
11:55pm, Monday, 26'th Jan 2026
Oil prices dropped despite massive U.S. supply disruptions and renewed Middle East tensions, as weak demand kept crude under pressure while natural gas surged on winter-driven demand.
Oil slips even as US winter storm curbs crude output
08:56pm, Monday, 26'th Jan 2026
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.
Oil Edges Lower; May be Supported by Iran Tensions
08:24pm, Monday, 26'th Jan 2026
Oil edged lower in the morning Asian session, but may be supported by Iran tensions that could lead to supply disruptions.
Venezuela expects $1.4 billion investment in oil production sharing contracts, Rodriguez says
07:12pm, Monday, 26'th Jan 2026
Venezuela's interim President Delcy Rodriguez said on Monday the country expects about $1.4 billion in investment this year in projects under oil production sharing contracts promoted by the governmen
EXCLUSIVE: Energy's Fastest Growers Aren't Big Oil — They're Mineral Aggregators
05:56pm, Monday, 26'th Jan 2026
Big Oil still dominates market caps. But some of the fastest growth in U.S. energy is coming from mineral aggregators — quietly consolidating fragmented acreage while traditional producers chase bar
Venezuela oil reform encourages immediate investment, still needs to go deeper, executives say
05:51pm, Monday, 26'th Jan 2026
A proposed reform of Venezuela's oil law is enough to encourage companies working in the country to expand and for some new entrants to begin investing, but deeper reforms would be necessary to attrac
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Ignore Iran-Related Supply Risks
01:54pm, Monday, 26'th Jan 2026
Oil traders are waiting for next moves from the U.S.
Trump administration takes first step toward offering new offshore oil drilling leases in California
01:46pm, Monday, 26'th Jan 2026
The Trump administration on Monday invited the oil and gas industry to nominate areas for a potential sale of offshore oil and gas leases in Southern and Central California to be held as soon as next
Crude Oil Price Analysis – Crude Oil Continues to Look at a Potential Squeeze
09:40am, Monday, 26'th Jan 2026
Crude oil continues to see a lot of noisy behavior, as we are looking to determine the geopolitical landscape, and the obvious supply and demand concerns. At this point, I expect a lot of noise.
Perkins: About 10% of U.S. gas production has been frozen off by the cold
09:28am, Monday, 26'th Jan 2026
Bill Perkins, CEO and Head Trader at Skylar Capital Management, says extreme cold has frozen gas supply, driven record demand, and could force a full repricing of natural gas if weather disruptions pe
Russian Urals oil trades at close to widest discounts since 2022 in India, sources say
08:42am, Monday, 26'th Jan 2026
Russian February Urals crude oil cargoes traded at close to the widest discounts against dated Brent in Indian ports since 2022 amid intensified pressure from Western sanctions, two sources said.
Hungary's MOL offered up to 1 billion euros for Serbia's NIS oil firm, Vucic says
07:47am, Monday, 26'th Jan 2026
Hungary's MOL agreed to pay up to 1 billion euros ($1.19 billion) to buy a majority stake in Serbia's oil firm NIS from its Russian owners, Serbian President Aleksandar Vucic said on Monday.
Oil Price News: Why WTI Is Set Up for a $65 Squeeze
07:24am, Monday, 26'th Jan 2026
Speculators are caught short as the ‘glut' quietly drains away. With Venezuela drawing floating barrels, the risk of an Iranian attack rising, a polar vortex hitting US supply and China and India ab
