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

U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly ...
Inside Climate News

Six Months After Oil Spilled Into California Tributary, Families Worry the Cleanup Was Never Finished

SANTA PAULA, Calif.—As he slowly pulled his beige van into the driveway following a trip to the hardware store for garden supplies, Ethan Higbee didn’t suspect anything was wrong. Then he got out of ...
Crude Oil Prices

Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets

Brazil’s oil production hit a record 4.24 million barrels per day in March 2026, driven largely by ultra-deepwater pre-salt developments in the Santos Basin. Petrobras, Shell, and Equinor are pouring ...
CNBC

Evercore's Roger Altman: We may be approaching a tipping point in oil

Roger Altman, Evercore founder and senior chairman, joins 'Squawk Box' to discuss the latest market trends, state of global oil markets, impact of rising oil prices, state of the economy, his thoughts ...
Jalopnik

Oil For Supercars 'To Run Dry In A Month' Thanks To U.S-Israel War With Iran

Supercar ownership in this day and age cannot be fun. The seemingly never-ending war in Iran has put a chokehold on gas and foreign product pricing, and President Trump's on-again, off-again tariffs ...
Crude Oil Prices

IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production

Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the Middle East, reversing previous projections of a surplus. According to the May 2026 Oil Market Report by ...
Rigzone

JP Morgan Publishes First Oil Price Forecast in 2 Months

'From the onset of the [U.S.-Iran] conflict, we deliberately refrained from publishing price targets for two months', J.P. Morgan analysts said. Image by mim.girl via iStock In a report sent to ...
The Conversation

Shutting Iran’s oil wells may be straightforward – but the consequences are not

The Strait of Hormuz – the narrow waterway through which between 20% and 25% of the world’s seaborne oil normally passes – has been effectively closed for just over two months. The immediate ...
Sports Illustrated

Rays Earn Well-Deserved Elite First Month of Season Grade

Coming into the 2026 MLB regular season, the Tampa Bay Rays were a team that many fans and evaluators didn’t have high expectations for. There were a lot of question marks surrounding their lineup and ...
Forbes

Gulf Oil Production Could Be Restored Quickly

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. MUSCAT, OMAN - MARCH 22: People celebrate Eid and watch oil tankers sail into Muscat ...
The New York Times

OPEC Plus, in Symbolic Gesture, to Increase Oil Production

The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies. By Emmett Lindner The oil cartel known as OPEC Plus ...
Forbes

Mental Health Awareness Month: Supporting Well-Being Through Employment

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Mental Health Awareness Month serves as a reminder that mental health considerations deserve ...