Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 13, 2026, 12:00 PM CDT Brent is heading for a nearly 5% weekly gain, supported by stalled U.S.-Iran talks, continued Hormuz uncertainty and tightening...Continue Reading

Suriname’s deepwater sector is gaining momentum as TotalEnergies advances the GranMorgu development and recent PETRONAS discoveries add to exploration potential across the Guyana-Suriname basin. SourceContinue Reading

ExxonMobil has used artificial intelligence and advanced subsurface analysis to identify four new exploration opportunities in Guyana’s Stabroek Block as the operator advances additional drilling offshore. SourceContinue Reading

Porsche to Phase Out Taycan by 2030 Amid Weak EV Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 13, 2026, 11:30 AM CDT Porsche is reportedly preparing to phase out production of its flagship Taycan electric sports car by 2030, marking a major...Continue Reading

Indonesia Energy’s K-29 well has drilled past 2,500 ft and is approaching its targeted reservoir interval at the Kruh Block in Sumatra, with the company preparing to move next to the WK-5 well. SourceContinue Reading

UK Economy Remains Resilient Despite Iran War and Higher Energy Prices | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Aug 13, 2026, 11:00 AM CDT UK...Continue Reading

Petro-Victory Energy increased oil production 128% to 583 bpd during its first year at Capixaba Energia in Brazil while cutting production costs 37% and identifying new reservoir opportunities. SourceContinue Reading

Ukraine Strikes Gazprom’s 200,000-Bpd Salavat Refinery in the Urals | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 13, 2026, 10:30 AM CDT Ukraine struck another...Continue Reading

bp has awarded Emerson a multi-million-dollar automation contract for the $2.9 billion Shah Deniz Compression project offshore Azerbaijan, designed to unlock additional gas and condensate from the Caspian Sea field. SourceContinue Reading

Hormuz Stalemate Raises Risk of $120 Oil | 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 Premium Content By Tsvetana Paraskova – Aug 13, 2026, 10:00 AM CDT Oil markets remain torn between...Continue Reading