Jan 17market
Oilfield services giants face earnings test as drilling slows
Halliburton, Baker Hughes, and Schlumberger report Q4 results next week with analysts expecting sharp earnings declines amid weaker US drilling activity.
Energy Market News
Latest news and analysis on oil, gas, and commodity markets
Jan 16opec
OPEC+ holds production steady ahead of February 1 meeting
Eight key OPEC+ producers will meet February 1 to assess market conditions, with production targets unchanged through Q1 as the group battles oversupply concerns.
Jan 15market
Oil prices slide below $60 as demand concerns weigh on markets
WTI crude fell nearly 3% to $59.36 per barrel on Wednesday, breaking below the key $60 level as easing geopolitical tensions and oversupply fears pressure prices.
Jan 14oil
Trans Mountain pipeline transforms Canadian oil exports with Asia now major destination
Canada's Trans Mountain expansion has reshaped global crude flows, with China now receiving 32% of pipeline exports and total shipments to British Columbia up more than sixfold.
Jan 13gas
US LNG export capacity set to nearly double by 2029 as new terminals come online
The United States will add nearly 14 Bcf/d of new liquefaction capacity between 2025 and 2029, cementing its position as the world largest LNG exporter.
Jan 13market
Oil prices rise as Iran sanctions pressure mounts
Crude benchmarks gain with Brent above $64 and WTI near $60 as the Trump administration signals stricter enforcement of Iran sanctions.
Jan 12analysis
Trump's $50 oil target clashes with US shale breakeven costs
President Trump's goal of $50 per barrel oil could cripple US shale production, as Permian Basin breakeven costs hover between $62 and $64 according to Dallas Fed data.
Jan 11oil
Iran protests raise oil supply fears as energy workers join strikes
Brent crude holds above $62 per barrel as nationwide unrest in Iran enters its third week, with workers at South Pars joining strikes amid a violent crackdown.
Jan 9market
Oil prices jump as surprise US inventory draw lifts market
WTI crude rebounds to $58.70 per barrel after a larger-than-expected 3.8 million barrel drop in US stockpiles counters oversupply fears.
Jan 7oil
Trump announces Venezuela to transfer up to 50 million barrels of oil to US
President Trump says Venezuela will turn over 30 to 50 million barrels of crude oil to the US, worth up to $2.8 billion, following the capture of President Maduro.
Jan 6gas
US energy producers pivot to natural gas as LNG exports surge in 2026
American oil and gas companies are shifting investment toward natural gas as LNG export capacity expands, with exports set to rise nearly 40% from 2024 levels amid growing global demand.