TotalEnergies: Saudi Refinery Won’t Fully Recover Until 2027 | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 17, 2026, 10:30 AM CDT A major Saudi Arabian...Continue Reading

Iraq is preparing to increase crude exports from its southern ports as a U.S.-Iran agreement to reopen the Strait of Hormuz approaches, with state marketer SOMO coordinating tanker nominations and export logistics ahead of a gradual recovery in Gulf oil flows. SourceContinue Reading

Transocean has secured approximately $185 million in new contract backlog after winning offshore drilling work for the Transocean Norge in Norway and the Transocean Equinox in Australia, extending utilization of its harsh-environment semisubmersible fleet. SourceContinue Reading

Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex offshore Equatorial Guinea to Panoro Energy for approximately $127 million, using proceeds to reduce debt and focus capital on higher-return assets. SourceContinue Reading

Crude oil inventories in the United States decreased by 8.3 million barrels during the week ending June 12, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 418.2 million barrels, according to government data, which is now 6% below the five-year average for this...Continue Reading

Poland Moves To Tax Fuel Windfalls Earned During Iran War | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 17, 2026, 9:30 AM CDT Poland’s government...Continue Reading

Trump Signals Renewed Focus on Ukraine After Iran Deal Breakthrough | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 17, 2026, 9:00 AM CDT Trump said...Continue Reading

Falling Murban and Dubai Prices Open Arbitrage to U.S. and Europe | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2026, 8:46 AM CDT Crashing prices of Middle East’s key benchmark crudes in the wake of the U.S.-Iran deal have opened arbitrage for shipping...Continue Reading

ECB: Iran Peace Deal Won’t Erase Europe’s Energy Price Shock | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 17, 2026, 7:30 AM CDT Europe will...Continue Reading

First Iranian Oil Moves Past U.S. Blockade Ahead of Deal Signing | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 17, 2026, 6:30 AM CDT Iran’s...Continue Reading