China’s Crude Hoarding Is Propping Up Oil Prices | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jan 29, 2026, 5:00 PM CST China underpinned oil prices in 2025 by aggressively...Continue Reading
Mexico’s Dos Bocas Refinery Starts Biting Into U.S. Fuel Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 29, 2026, 4:00 PM CST Mexico’s new Dos Bocas (Olmeca) refinery is finally ramping up, sharply boosting domestic fuel production. U.S. fuel exports to Mexico are...Continue Reading
Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the...Continue Reading
Coterra Energy and Devon Energy are in advanced talks on a potential combination that could strengthen their Permian basin footprint and signal renewed consolidation across the U.S. upstream oil and gas sector. SourceContinue Reading
As Americans brave a brutal cold snap, households are facing higher heating bills this summer. According to a report released last week by the National Energy Assistance Directors Association (NEADA), heating prices are expected to rise by 9.2% in the 2025-2026 winter vs. one year ago. According to the NEADA analysis, electricity costs are expected to rise...Continue Reading
Coterra Energy and Devon Energy are in advanced talks on a potential combination that could strengthen their Permian basin footprint and signal renewed consolidation across the U.S. upstream oil and gas sector. SourceContinue Reading
After the Henry Hub natural gas price for February doubled, oil-and-gas producers aggressively locked in hedges. Cold weather caused the largest one-week rally since at least 1990. Oil and gas producers leaned into the historic rally in Nymex Henry Hub prices driven by Winter Storm Fern. The storm brought sub-freezing temperatures across much of the...Continue Reading
Washington Probes Who’s Cashing In on Venezuela’s Oil Reset | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 29, 2026, 1:45 PM CST Washington is starting to ask the quiet part...Continue Reading
Africa Is Set to Dominate Global High-Impact Oil and Gas Drilling in 2026 | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jan 29, 2026, 1:00 PM...Continue Reading
Private equity firm Carlyle Group has agreed to acquire most of Lukoil PJSC’s international oil and gas assets in a transaction structured to comply with U.S. sanctions, excluding Kazakhstan and subject to regulatory and OFAC approvals. SourceContinue Reading
