Feb 16oil
Iran offers energy deals as sweetener in nuclear talks with US
Tehran dangles oil, gas, and mining contracts to make a nuclear deal stick, while Washington slaps fresh sanctions on 14 tankers in Iran's shadow fleet.
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Feb 16opec
OPEC+ eyes April output hike as March 1 meeting nears
Eight OPEC+ producers are leaning toward restarting output increases in April, but a widening gap between demand forecasts clouds the decision.
Feb 13market
Oil falls 3% after IEA cuts demand forecast and flags record surplus
Brent crude dropped to $67.51 as the IEA slashed its 2026 demand growth forecast by 80,000 barrels a day and warned of a 3.7 million bpd surplus.
Feb 9gas
Record 360 Bcf gas storage draw leaves US stocks below average
The EIA reported the largest weekly gas storage withdrawal on record as Winter Storm Fern drove consumption 29% above normal and froze Gulf Coast production.
Feb 7market
Crude inventories plunge as API reports biggest draw since mid-2023
API reported an 11.1 million barrel crude draw for the week ending January 31, dwarfing expectations for a build and marking the steepest weekly decline since mid-2023.
Feb 5oil
Oil drops 2% as Iran confirms Friday talks with US in Oman
Crude prices fell for the first time in three days after Tehran announced nuclear negotiations with Washington will take place Friday in Muscat, easing fears of imminent military action.
Feb 4oil
Oil jumps 2% after US downs Iranian drone near aircraft carrier
Brent crude rose to $68.68 and WTI hit $65.14 after a US F-35C shot down an Iranian Shahed drone near the USS Lincoln, while IRGC gunboats challenged a US tanker in the Strait of Hormuz.
Feb 3analysis
Oil caught between bearish charts and geopolitical wildcards
WTI plunged 5% to $62 as US-Iran talks eased war fears, but drone strikes and OPEC supply decisions keep traders guessing on what comes next.
Feb 2oil
Equinor sells Vaca Muerta stakes to Vista Energy for $1.1 billion
Norway's Equinor will exit onshore Vaca Muerta in a cash-and-stock deal with Vista Energy, keeping its Argentine offshore exploration licenses intact.