2+ day, 16+ hour ago   (536+ words) Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. Tehran’s leaders are resolved to keep…...

2+ day, 20+ hour ago   (656+ words) The Brent oil price closed at $101.21 per barrel on Wednesday - its highest settlement since May. Although oil closed slightly over $100 per barrel ($100.69) on July 23, the last time it closed higher than yesterday’s price was on May 22, when it settled at…...

2+ day, 22+ hour ago   (728+ words) Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. Tehran has no intention of backing down in the face…...

3+ day, 18+ hour ago   (999+ words) In an oil market note sent to Rigzone by the HSBC team on Tuesday, analysts at the company, including HSBC Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel…...

3+ day, 20+ hour ago   (641+ words) The Brent oil price rose above $100 per barrel for the first time since July on Wednesday. Brent hit $100.45 per barrel in early trading today after two straight days of gains, with the Brent price closing at $97.92 per barrel on Tuesday....

4+ day, 16+ hour ago   (459+ words) Saudi Arabia halted several energy facilities in the south, as the Iran-backed Houthi militants claimed fresh strikes on the kingdom. The Yemen-based Houthis said they targeted Saudi Aramco’s facilities in Abha, Najran and Jazan with ballistic missiles and drones, the…...

4+ day, 19+ hour ago   (1134+ words) Oil prices rose for another session on Tuesday, reaching three-month highs as escalating tensions across the Gulf renewed concerns over regional energy flows. That’s what Paolo Broccardo, CEO at BankPro, said in a market analysis sent to Rigzone on Tuesday,…...

4+ day, 23+ hour ago   (189+ words) Rigzone Chinese crude oil imports strengthened in August, as cargoes from the Persian Gulf crept higher and refiners increased purchases from other sources Undeterred by higher prices, importers shipped in 37.9 million tons last month, 6.2 percent more than in July, according…...

5+ day, 10+ hour ago   (283+ words) Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc., which recommended bets on natural gas and diesel as a way to capture gains. “Events over…...

5+ day, 20+ hour ago   (532+ words) The statement, which highlighted that the seven OPEC+ countries met virtually on Sunday “to review market conditions and outlook”, outlined that the OPEC+ 7 “reaffirm[ed] [their] commitment to market stability” in the meeting. “The seven OPEC+ countries, which previously announced…...