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Crude recovered as hopes for easing Iran tensions competed with persistent geopolitical risks.
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Water levels on the Rhine River are forecast to drop again in the coming days.
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The U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) is the self-styled 'disruption wing' of the energy department.
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CNOOC Ltd said the first three quarters of 2026 delivered the company's highest-ever net production for the January-September period at 593.7 million barrels of oil equivalent, up 2.7 percent from the same period last year.
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ORLEN completed a $153.44-million expansion of the Wierzchowice Underground Gas Storage Facility, increasing the capacity of Poland's largest gas storage site to 74.2 billion cubic feet.
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The oil industry is bracing for Democrats to use their newfound political muscle to push for a deal with President Donald Trump and impose a windfall tax.
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TA'ZIZ, tasked with establishing a 'world-scale chemicals and transition fuels ecosystem' in the Ruwais Industrial City in the United Arab Emirates, finalized $1.39 billion in additional financing to support two of its projects.
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Aramco's CEO announced that the company is continuing to 'explore additional overseas storage capacity', as well as 'alternative export routes', in order to 'further strengthen' Aramco's global supply network.
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BP sold a five percent stake in Aker BP for around $1.06 billion, part of the British company's efforts to free up cash.
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Oil prices 'tumbled' eight percent yesterday following the U.S. midterm elections, Saxo Bank highlighted.
