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Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.
WTI surged 3% while Brent edged lower amid shifting shipping costs and tight global supplies.
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
Globally, the squeeze on crude oil is serious, Aramco President and CEO Amin H. Nasser said.
The third quarter Dallas Fed Energy Survey examined theft in the oil field.
The U.S. Energy Information Administration tightened its oil crunch prediction for 2026 in its latest short term energy outlook.
October is beginning to look a lot like April for the oil market, analysts at J.P. Morgan said.
Equinor and Eneco have now signed three agreements this year for gas supply to the Netherlands and Germany.
The new financing, coordinated by ING and UniCredit, reflects 'Uniper's importance to Europe's energy supply', said chief financial officer Christian Barr.
'Alaska remains central to America's energy future', MMA Acting Director Mike Olsen said.
'On a pro-forma basis, Centalion's Haynesville footprint ranks as one of the largest amongst private operators and positions it as a significant market participant in the U.S. natural gas market'.
KPC CEO Shaikh Nawaf Saud Al-Sabah 'reaffirmed the corporation's commitment to meeting its obligations to customers and partners worldwide, despite ongoing challenges'.
Hallador signed a $700-million agreement to supply a utility operating in MISO Zone 6 from...
'The Ministers reviewed market conditions', a statement posted on OPEC's website said.
What will happen to the Brent oil price over the next few quarters?
