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July 7, 2026
EIA’s July STEO raises its global oil production forecast as Strait of Hormuz shipping recovers, while projecting lower Brent crude prices and continued growth in U.S. crude production and LNG exports. Source
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Oil Market Swings From Glut Fears to Hormuz Toll Concerns | OilPrice.com Irina Slav What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… More Info Premium Content By Irina Slav – Jul 07, 2026, 2:00 PM CDT Rising tanker...
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The Bureau of Ocean Energy Management has issued a Request for Information to evaluate the potential use of the U.S. Outer Continental Shelf for offshore space launch, re-entry and recovery infrastructure, opening a 30-day public comment period. Source
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Kazakhstan Bets on Iran Port Despite Regional Tensions | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jul 07, 2026, 1:00 PM CDT Kazakhstan plans a privately financed cargo...
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Drone Strike Shuts Russia’s Largest Refinery as Fuel Shortages Worsen | OilPrice.com Julianne Geiger What I Cover Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… More Info Related News By Julianne Geiger – Jul 07, 2026, 12:30 PM CDT Ukraine has...
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Fluor has been selected for Aramco’s long-term program management consultancy agreement, positioning the company to support future upstream, downstream and infrastructure projects across the energy giant’s global capital portfolio. Source
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Super El Niño Could Push Colombia Into an Energy Crisis | OilPrice.com Matthew Smith As Oilprice’s South America correspondent, I cover Colombia (where I currently live), Venezuela, Ecuador, Peru, Brazil, Argentina, Chile, Bolivia, Paraguay, Guyana, Suriname and Uruguay. I… More Info Premium Content By Matthew Smith – Jul 07, 2026, 12:00 PM CDT Colombia is...
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Saudi Arabia Eyes Major Red Sea Pipeline Expansion to Bypass Hormuz | OilPrice.com Julianne Geiger What I Cover Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… More Info Related News By Julianne Geiger – Jul 07, 2026, 11:30 AM CDT Saudi...
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Geopolitical Risk Returns as Drone Strikes Hit Hormuz Shipping | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jul 07, 2026, 10:38 AM CDT – Saudi national...
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