Oil and Gas Prices
News
April 16, 2026
Petrobras shareholders vote on a new board this week as surging oil prices intensify pressure on Brazil’s fuel pricing policy. The outcome could shape how the state-controlled company balances political priorities with market realities.
News
April 08, 2026
Oil and gas prices dropped sharply after a U.S.-Iran ceasefire deal, but the market remains on edge as Strait of Hormuz flows are still largely restricted. With more than 800 vessels stranded and supply disruptions lingering, the pace of recovery remains highly uncertain.
News
March 30, 2026
WTI crude settled above $100 per barrel for the first time since 2022, as the Iran conflict and disruptions in the Strait of Hormuz tighten global oil supply, raising concerns over inflation, shipping constraints and further upside risk for energy prices.
News
March 30, 2026
The G-7 signaled it is prepared to take coordinated action to stabilize global oil and gas markets as the Iran conflict drives volatility, with officials reaffirming support for strategic reserves, secure supply flows and measures to limit disruptions to energy trade and pricing.
News
March 27, 2026
Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the second half of 2026, with output potentially rising by more than 800,000 bpd through 2028, according to Citi.
News
March 24, 2026
Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl in Q2 and recession risks rising, according to EY-Parthenon.
News
March 23, 2026
Oil prices plunged after President Trump signaled potential talks with Iran, though disruptions in the Strait of Hormuz continue to constrain global supply, keeping markets volatile despite hopes for a near-term de-escalation.
News
March 22, 2026
U.S. officials say military operations against Iran are targeting positions near the Strait of Hormuz, a key global oil chokepoint, as escalating conflict raises risks to crude flows and keeps energy markets on edge.
News
March 19, 2026
Oil and gas prices surged after strikes hit key Gulf energy infrastructure, including Qatar’s Ras Laffan LNG complex and refineries in Saudi Arabia, Kuwait and the UAE, raising concerns over prolonged supply disruptions and tighter global markets.
News
March 10, 2026
Oil prices plunged more than 12% as traders struggled to interpret conflicting signals about tanker traffic and possible U.S. naval escorts through the Strait of Hormuz, the critical chokepoint that handles roughly one-fifth of global oil supply.
News
March 03, 2026
A sustained disruption to Strait of Hormuz transit could push Brent toward $110 and tighten global LNG markets, EY-Parthenon warns. While a short-lived escalation may produce only temporary price spikes, a prolonged interruption could trigger a major supply shock and recession risk.
News
March 02, 2026
Upstream oil producers accelerated 2026 hedging programs after crude prices surged on Middle East tensions, using swaps to lock in cash flow, manage volatility and capitalize on a widening backwardated futures curve.
News
March 02, 2026
Oil prices surged nearly 9% as traffic through the Strait of Hormuz slowed dramatically amid escalating Middle East conflict, raising supply disruption fears.
News
January 29, 2026
Brent crude climbed above $71 a barrel as U.S. President Donald Trump warned Iran to accept a nuclear deal or face possible military action, reigniting fears of supply disruptions through the Strait of Hormuz and adding a fresh geopolitical risk premium to oil markets.
News
January 22, 2026
Saudi officials are signaling a shift toward tighter spending discipline as lower oil prices pressure government revenue, recalibrating priorities under Vision 2030 while maintaining momentum in the non-oil economy.
News
January 21, 2026
Energy stocks, led by oil and gas producers, climbed to new highs as crude prices strengthened on geopolitical uncertainty and an Arctic cold snap boosting natural gas sentiment.
News
January 16, 2026
Low oil prices are forcing a rare pause in Bakken drilling, as Continental Resources founder Harold Hamm says margins have largely disappeared.
News
January 13, 2026
Enverus’ 2026 Global Energy Outlook forecasts Brent crude near $55/bbl, rising Permian gas supply, tighter power grids and selective energy transition investment amid geopolitical risk.
News
January 07, 2026
Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts.
News
December 31, 2025
Oil prices finished 2025 with their sharpest annual decline since 2020, as WTI fell 20% amid surging global supply, OPEC+ output increases and record U.S. production. Market watchers expect oversupply to persist into 2026, despite geopolitical risks and upcoming OPEC+ policy decisions.
News
December 29, 2025
Oil prices rose Monday, with Brent near $62 and WTI above $58, supported by stalled Ukraine peace talks and China’s pledge to boost fiscal spending and demand in 2026.
