Trump Says South Korea Deal Includes $8.4 Billion U.S. Oil Project | 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 – Oct 02, 2026, 4:30 PM CDT President...Continue Reading

Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk | 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 – Oct 02, 2026, 2:00 PM CDT Tajikistan began...Continue Reading

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US falling to 598, up 49 from this same time last year. The number of active oil rigs rose by...Continue Reading

Dated Brent Above $120 Signals a Serious Oil Squeeze | 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 – Oct 02, 2026, 11:50 AM CDT Physical oil markets...Continue Reading

Petrobras has made a second oil discovery in its ultra-deepwater Morpho well offshore Brazil, identifying another oil-bearing interval in the Foz do Amazonas basin. SourceContinue Reading

G7 Moves to Release 100 Million Barrels to Counter Diesel Crisis | 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 – Oct 02, 2026, 10:23 AM CDT The...Continue Reading

A total of 21 LNG cargoes are estimated to have exited the Strait of Hormuz in September, the highest monthly number since the Iran war began, yet well below pre-war levels, shipping data compiled by Reuters showed on Friday. Shipment analytics firm Kpler has estimated that 21 cargoes managed to squeeze last month through the...Continue Reading

Aker BP has appointed a new executive management team effective January 2027, reorganizing its leadership around exploration, development and production to streamline offshore operations. SourceContinue Reading

The Kremlin Consolidates Power as Russia’s Economic Pain Mounts | OilPrice.com Premium Content By Editorial Dept – Oct 02, 2026, 9:45 AM CDT Russia came out of its parliamentary election with Putin stronger on paper and the country considerably harder to read. United Russia now controls 349 of the State Duma’s 450 seats, its largest...Continue Reading

U.S. Exit Leaves Iraq With a Militia Problem | OilPrice.com Premium Content By Editorial Dept – Oct 02, 2026, 9:45 AM CDT Politics, Geopolitics & Conflict U.S. troops have withdrawn from Iraq, but this isn’t Biden’s Iraq. The withdrawal was agreed in 2024 when Biden determined that Iraqi forces could handle the remaining ISIS threat...Continue Reading