Rigzone

The leaders expressed their readiness to contribute to 'appropriate efforts to ensure safe passage through the Strait'. rigzone.com/news/world_lea… #OOTT #Hormuz #oilgas

Members of the G7 club of rich countries lead commitments, which currently total 426 million barrels. rigzone.com/news/iea_oil_r… #oilgas #energynews #oilandgas

Netanyahu also said Israeli forces would help the U.S. attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets. rigzone.com/news/wire/isra… #oilgas #energynews #oilandgas

Benchmark oil prices are soaring as war in the Middle East disrupts crude flows, but the advance is also sparking the biggest discount for U.S. crude in more than a decade. rigzone.com/news/wire/usa_… #OOTT #oilprice #USA

Oil prices rose amid attacks on key Gulf energy infrastructure, with LNG disruptions amplifying supply concerns. #oilgas #oilprices #finance #business #OOTT rigzone.com/news/wire/gulf…

The EIA noted in its latest STEO that 'higher crude oil prices lead to more U.S. crude oil production' in its forecast. rigzone.com/news/higher_oi… #OOTT #USA #oilgas

'Strikes on key energy infrastructure in the Middle East exacerbated fears of a global supply crunch', said Art Hogan, Chief Market Strategist at B. Riley Wealth. rigzone.com/news/oil_price… #OOTT #oilgas #oilprice

'Conflict in the Middle East highlights again the UK's growing challenge of where and how it gets its energy', OEUK CEO David Whitehouse said. rigzone.com/news/leaders_u… #OOTT #UK #Iran

BP has raised its target for 'structural cost reductions' by 2027 to $6.5-7.5 billion following a deal to divest its refinery and associated assets in Gelsenkirchen, Germany to Klesch. rigzone.com/news/bp_to_sel… #oilgas #energynews #oilandgas

The U.S. president sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key targets, fueling concern that a prolonged war will cause lasting damage to oil and gas infrastructure. rigzone.com/news/wire/trum… #oilgas #energynews #oilandgas

Crude settles higher as attacks on key energy sites elevate supply concerns, widening Brent's premium and lifting gasoline sharply. #oilgas #oilprices #finance #business #OOTT rigzone.com/news/oil_settl…

Eni announced new gas discoveries in Libya totaling more than one trillion cubic feet. rigzone.com/news/new_gas_f… #OOTT #oilgas #Libya

Iran warned Gulf countries that a number of energy assets are now 'legitimate targets'. rigzone.com/news/wire/iran… #OOTT #oilgas #Iran

EBW Energy Analyst Eli Rubin said natural gas 'continues to decouple from the crude oil correlations that provided upside from the Iran war'. rigzone.com/news/analyst_w… #OOTT #natgas #USA

In an oil flash note sent to Rigzone late Tuesday, J.P. Morgan analysts flagged an oil price 'misalignment'. rigzone.com/news/jp_morgan… #OOTT #oilprice #energy

Kyiv agreed to restore flows to Hungary and Slovakia after EU senior officials told Ukraine the resumption would pave the way for the finalization of a EUR 90-billion loan and a fresh package of sanctions against Russia. rigzone.com/news/eu_gets_u… #oilgas #energynews #oilandgas

China, the world's biggest crude importer, is close to tapping its vast commercial oil reserves as the Middle East war shows no signs of ending, according to FGE NexantECA. rigzone.com/news/wire/chin… #oilgas #energynews #oilandgas

JERA said it is refocusing its Australian LNG investment to Barossa, Scarborough and Wheatstone. rigzone.com/news/midocean_… #OOTT #oilgas #LNG

Oil prices climbed as Middle East attacks intensified supply risks and disrupted key export routes. #oilgas #oilprices #finance #business #OOTT rigzone.com/news/wire/oil_…

'Consumers continue to feel the sting of rising oil, gasoline, and diesel costs as geopolitical tensions in the Middle East remain elevated', Patrick De Haan, head of petroleum analysis at GasBuddy, said. rigzone.com/news/usa_gasol… #OOTT #gasoline #diesel #USA