2+ day, 23+ hour ago   (536+ words) Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. Tehran’s leaders are resolved to keep…...

3+ day, 3+ hour ago   (656+ words) The Brent oil price closed at $101.21 per barrel on Wednesday - its highest settlement since May. Although oil closed slightly over $100 per barrel ($100.69) on July 23, the last time it closed higher than yesterday’s price was on May 22, when it settled at…...

3+ day, 5+ hour ago   (728+ words) Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. Tehran has no intention of backing down in the face…...

4+ day, 3+ hour ago   (641+ words) The Brent oil price rose above $100 per barrel for the first time since July on Wednesday. Brent hit $100.45 per barrel in early trading today after two straight days of gains, with the Brent price closing at $97.92 per barrel on Tuesday....

4+ day, 17+ hour ago   (227+ words) Venezuelans are deeply divided over the Trump administration’s oil deal with the country’s interim authorities, with half saying the agreement will benefit the US more than Venezuela. Still, her disapproval rating — which had been steadily rising since she assumed the…...

5+ day, 1+ hour ago   (1134+ words) Oil prices rose for another session on Tuesday, reaching three-month highs as escalating tensions across the Gulf renewed concerns over regional energy flows. That’s what Paolo Broccardo, CEO at BankPro, said in a market analysis sent to Rigzone on Tuesday,…...

6+ day, 2+ hour ago   (685+ words) The U.S.-Venezuela oil deal is a long-term project, not a near-term U.S. Strategic Petroleum Reserve (SPR) filler, Emily Ashford, Standard Chartered Bank’s Head of Energy Research, said in a report sent to Rigzone recently. In the report, Ashford highlighted that the…...

6+ day, 4+ hour ago   (153+ words) Rigzone Iran said a deal with Oman to manage shipping through the Strait of Hormuz is days away The agreement, which the two countries have been negotiating for weeks, is in the final stages and will include details on a…...

1+ week, 1+ day ago   (361+ words) Rigzone Oil swung in thin holiday trading as renewed fighting between the US and Iran heightened supply concerns, while rare signs of progress toward ending the Russia-Ukraine war chipped away at the geopolitical risk premium West Texas Intermediate edged up…...

1+ week, 3+ day ago   (526+ words) President Donald Trump pressed US oil refiners to boost domestic production of gasoline and diesel during a closed-door meeting Tuesday, as he contends with high prices and mounting cost-of-living concerns before November’s midterm elections. Trump made clear he wants lower…...