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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
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
OPEC+ likely to maintain oil production pause for March as prices climb, sources say
06:30am, Monday, 26'th Jan 2026
OPEC+ is expected to keep its pause on oil output increases for March at a meeting on Sunday, three OPEC+ delegates told Reuters, with prices rising due to a drop in Kazakhstan's oil production.
US oil capital Houston buzzes as industry limbers up for Venezuela oil rush
06:12am, Monday, 26'th Jan 2026
In a downtown Houston bar, Matthew Goitia, a director at Pelorus Terminals, lays out his early idea to refurbish and build marine terminals that can blend and export crude and ship chemical products i
Oil News: Weather-War Premium Lifts Crude Oil as Iran Tensions Simmer
06:08am, Monday, 26'th Jan 2026
Crude oil outlook strengthens on weather-war premium. Storm cuts U.S. production by 250K barrels/day while simmering Iran standoff adds geopolitical risk.
TotalEnergies extends Libya's Waha oil concessions to 2050
03:00am, Monday, 26'th Jan 2026
TotalEnergies has signed an agreement to extend Libya's Waha oil concessions until the end of 2050, setting new financial terms to boost output from the fields, the French oil major said on Monday.
Natural Gas and Oil Forecast: Are $7 Gas and $65 Brent Back in Play?
01:37am, Monday, 26'th Jan 2026
Natural gas breaks $6.25 as oil holds near $61, with traders eyeing $7 gas and $65 Brent amid geopolitical risk and bullish technical signals.
Russia's fuel oil exports to Asia slow in early 2026 as sanctions hamper trade
01:22am, Monday, 26'th Jan 2026
Russian fuel oil exports to Asia slowed in early 2026 as rising scrutiny due to tighter Western sanctions hampered trade while Ukrainian drone attacks on refining facilities in Russia reduced output,
Oil holds onto gains as Iran keeps investors on edge
08:33pm, Sunday, 25'th Jan 2026
Oil prices extended gains on Monday after climbing more than 2% in the previous session, as tensions between the U.S. and Iran kept investors on edge even after Kazakhstan's main export pipeline resum
South Korea's S-Oil says Q1 refining margins to remain robust on steady demand
07:32pm, Sunday, 25'th Jan 2026
South Korea's S-Oil , whose main shareholder is Saudi Aramco , on Monday said it expects first-quarter refining margins to remain robust due to steady demand, supply disruption and the planned closure
Oil Falls on Possible Technical Correction
06:59pm, Sunday, 25'th Jan 2026
Oil fell in the early morning Asian session on a possible technical correction after WTI and Brent settled 2.9% and 2.8% higher, respectively, on Friday.
