U.S. oilfield services employment rose to 627,018 jobs in March, gaining 1,877 positions month over month, as energy service companies cautiously increase hiring amid improving market conditions. SourceContinue Reading
Interest in travel insurance has spiked over the last month after airline bosses warned of cancelled flights amid shortages of jet fuel due to the ongoing energy crisis. Thousands of flights have been cancelled, and more cuts are planned, as global airlines struggle with surging fuel costs and supply issues caused by the war in...Continue Reading
Oil Slumps, Stock Markets Surge As First Ships Transit Hormuz | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Apr 08, 2026, 11:30 AM CDT Oil prices fell below $100 per barrel while the S&P 500 and global markets...Continue Reading
Gold Tops $4,800 as U.S.-Iran Ceasefire Halts Six Weeks of War | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Apr 08, 2026, 11:00 AM CDT Gold climbed to above $4,800/oz after the U.S. and Iran agreed to a two-week ceasefire,...Continue Reading
ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to 1 Bcm/year and strengthening domestic energy supply for the Netherlands and Germany. SourceContinue Reading
Aker BP Fast-Tracks Symra Startup as DNO Ramps Up North Sea Growth | OilPrice.com Jan-Thore Bergsagel Jan-Thore is a Norwegian oil and gas expert with two decades of industry experience across a variety of roles. For the past five years, he… More Info Related News By Jan-Thore Bergsagel – Apr 08, 2026, 10:30 AM CDT...Continue Reading
Crude oil inventories in the United States increased by 3.1 million barrels during the week ending April 3, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 464.7 million barrels according to government data, which is 2% above the five-year average for this time...Continue Reading
Queensland Looks to Fast-Track Australia’s First New Oilfield in 50 Years | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 08, 2026, 9:30 AM CDT The state of Queensland on Wednesday urged Australia’s federal government to fast-track the approval of the Taroom Trough project that...Continue Reading
A U.S.-Iran ceasefire agreement is set to reopen the Strait of Hormuz, easing supply concerns and triggering sharp declines in oil and natural gas prices, though uncertainty remains over safe transit and the truce’s durability. SourceContinue Reading
ExxonMobil reported a 6% drop in global production in the first quarter as Middle East conflict disrupted Gulf operations, including damage to LNG facilities in Qatar. SourceContinue Reading
