oil prices Archives - Page 2 of 70

If every barrel counts, how should an investor invest? Manufacturing, discipline, and optionality in the modern energy sector

June 30, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The first story was straightforward. The United States has largely solved its energy supply problem but remains exposed to global energy pricing. The second story followed naturally. In a world increasingly concerned with energy security, artificial intelligence, grid reliability, and geopolitical uncertainty, every barrel, molecule, and electron matters. The conclusion was simple:

Oil prices little changed but set for steepest monthly and quarterly losses since 2020

June 30, 2026

(Investing) – Oil prices were little changed on Tuesday but were headed for their biggest monthly and quarterly losses since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-long war. Brent futures fell 13 cents, or 0.2%, to $73.02 a barrel at 12:34 p.m. EDT (1634 GMT), while U.S.

Saudi Arabia set to slash oil prices as Hormuz reopens

June 26, 2026

(Oil Price) – Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August, as Middle East’s crude benchmarks crashed amid the tentative reopening of the Strait of Hormuz and the oil supply increase from the region. Saudi oil giant Aramco, the world’s single-biggest crude oil exporter, is expected to slash the OSP of

Half-open, half-closed Strait of Hormuz baffles oil markets

June 23, 2026

(Oil Price) – Oil prices have continued to whipsaw since the U.S. and Iran announced last week signed a deal to make a deal as traffic through the Strait of Hormuz is anything but straight and not expected to normalize within days. Contradictory messaging from Iran and the United States on the navigability of the chokepoint have intensified during the weekend

Citi sees oil prices trending lower to $60 to $65 per barrel by first quarter of 2027

June 19, 2026

(BOE Report) – Citi said on Thursday it expects oil prices to trend lower over the next six to 12 months, to $60 to $65 per barrel by the first quarter of 2027 as flows through the Strait of Hormuz normalize following the signing of a U.S.-Iran MoU to end their conflict. Oil tankers sailed through the strait and the

Back to where we started?

June 16, 2026

(By Oil & Gas 360) – The proposed sixty-day ceasefire between the United States and Iran with Pakistan as mediator has been greeted by energy markets with a sense of relief. Oil prices retreated from crisis levels, shipping companies began preparing for a gradual return to normal operations, and insurers started reassessing the elevated war-risk premiums that had accompanied weeks

The Engineered Barrel – Part I: Matt Simmons, aging reservoirs, and the new physics of global oil

June 16, 2026

(Oil & Gas 360) By Greg Barnett, MBA – For most of the modern petroleum era, the global oil market operated around a relatively straightforward belief system. If prices rose high enough, new supply would arrive. If prices collapsed low enough, drilling activity would slow, demand would recover, and the market would rebalance. Generations of executives, investors, traders, and researchers

Oil prices pares gains after Iran announces end to attacks on Israel

June 8, 2026

(Investing) – LONDON – Oil prices pared gains on Monday, after rising more than 5% earlier in the session, following an announcement from Iran’s military that a wave of attacks on Israel was over. However, Iran warned of harsher attacks if Israel continues strikes on Lebanon. Brent crude futures were up $1.43, or 1.5% at $94.52 a barrel as of 1304 GMT,

Oil jumps over $6 on Iran report of halted U.S.-Tehran exchanges, Hormuz blockade risk

June 1, 2026

(Investing) – NEW YORK – Oil prices surged more than $6 per barrel on Monday after Iran’s Tasnim news agency reported that Tehran’s negotiating team has halted message exchanges with the United States and its allied “Resistance Front” are considering measures to completely block the Strait of Hormuz and choking other waterways including the Bab el-Mandeb Strait. The report comes after

Record-low U.S. shale well backlog curbs fast output gains amid export surge

May 29, 2026

(BOE Report)- U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly to boost crude output and replace rapidly depleted oil inventories after exports and refinery processing jumped to plug the shortfall in supply caused by the U.S.-Israeli war on Iran. Producers in the United States have increased exports to Asia and

Oil prices fall 2% as market awaits possible US-Iran ceasefire deal

May 29, 2026

(Investing) – HOUSTON – Oil futures fell more than 2% on Friday and were on track for their steepest weekly decline since early April after reports that the U.S. and Iran had reached agreement on a potential ceasefire extension. Brent crude futures for July, which expire later on Friday, were down $1.74, or 1.86%, at $91.97 a barrel by 10:58 a.m. CDT

Bernstein sees long-term oil price around $75/barrel

May 28, 2026

(Investing) – Bernstein told investors in a note on Thursday that it sees $75 per barrel as a reasonable long-term oil price assumption for equity valuation, citing a new survey of the 50 largest listed oil and gas companies globally that points to rising marginal costs and a declining reserves outlook. Analyst Neil Beveridge estimated that the global oil marginal

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