U.S. shale majors cut spending as oil market heads toward supply deficit
U.S. shale producers including Chevron, ConocoPhillips and Occidental cut spending in the first half of 2026 to reduce debt and...
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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US to announce steps to help refiners produce more fuel, energy chief says
U.S. Energy Secretary Chris Wright says Washington will announce steps within days to help refiners produce more fuel, as the...
Libya and Egypt Revive Plan for 800-km Oil Pipeline to Alexandria
Egypt and Libya are actively discussing an 800-km pipeline linking Tobruk to Alexandria, likely starting at 150,000–250,000 barrels per day....
S&P 500 and Dow Fall as Oil Jumps and Treasury Yields Rise
U.S. stocks closed lower on Monday as rising oil prices and higher Treasury yields pressured sentiment. The S&P 500 and...
Brent Crude Tops $90 as Trump Threatens to Bomb Oman Over Hormuz Standoff
Brent crude surged more than 2% on Monday to settle near $91 a barrel after Iran ruled out extending its...
