U.S. crude oil inventories rose for the first time in 11 weeks, increasing by 3 million barrels, as production and imports increased and exports fell.

Global oil demand is set to decline this year for the first time since the height of the COVID-19 pandemic in 2020, according to a report from the International Energy Agency. The drop, which the agency expects to amount to about 1 million barrels per day in 2026,

US oil majors are reluctant to build out more rigs and wells, resisting White House pressure as they claim their bumper profits are just a temporary boost.

Iran has threatened to target oil and natural gas infrastructure in the region as U.S. attacks resume.

The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz.

The US-Iran ceasefire is fracturing, Brent is climbing, and energy stocks are repricing fast. Whether this is a temporary spike or the beginning of a sustained oil shock will reshape the Fed's next move and every duration-sensitive position in your portfolio.

Global crude oil production and flows are expected to bounce back toward their pre-war levels by the end of this year, according to a US government report, earlier than a previous estimate.

Operators of the Keystone Pipeline agreed to pay Kansas $3 million for remediation projects and complete $40 million in work as part of a settlement from the 2022 spill that poured 13,000