Oil Prices Hover Near Five-Month High
Brent remained near $110 as technical resistance limited gains despite escalating geopolitical risks.
Brent remained near $110 as technical resistance limited gains despite escalating geopolitical risks.
Iran's main oil-loading terminals have remained empty for weeks.
North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
The Philippines and the U.S. are exploring an expansion of collaboration on energy security, according to Manila's energy department.
The U.S. Energy Information Administration tightened its oil crunch prediction for 2026 in its latest short term energy outlook.
President Donald Trump said he cut a diesel export deal with Russia and delayed imposing further sanctions because he doesn't want to drive Vladimir Putin away from peace talks.
Venezuela expects almost $76 billion of investment in its oil and gas sector over the next five years, Acting President Delcy Rodriguez said Saturday.
What will happen to the Brent oil price over the next few quarters?
India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.
African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers.