The total number of active drilling rigs for oil and gas in the United States stayed the same overall this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 49 from this same time last year. The number of active oil...Continue Reading

ADNOC says it remains focused on meeting customer demand despite continued attacks on its vessels and assets, detailing the operational impacts of ongoing security disruptions affecting shipping through the Strait of Hormuz. SourceContinue Reading

Is Iran Preparing to Permanently Block the Strait of Hormuz? | 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 – Aug 07, 2026, 11:04 AM CDT Conflicting signals...Continue Reading

ADNOC Reports 15 Vessel Attacks as Hormuz Risks Mount | 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 07, 2026, 10:45 AM CDT Abu Dhabi National...Continue Reading

Libya Aims to Boost Oil Production to 2 Million Bpd by Early 2030s | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 07, 2026, 10:30 AM CDT Libya’s National Oil Corporation (NOC) is confident the country could raise oil production to 2 million barrels per...Continue Reading

Saudi Arabia’s $5 Oil Detour Is Expensive—and Worth It | OilPrice.com Leon Stille Leon Stille has a background in energy sciences (MSc and BSc) and is pursuing a PhD in energy policy. He currently runs his own company,… More Info Premium Content By Leon Stille – Aug 07, 2026, 9:49 AM CDT Rerouting Saudi crude...Continue Reading

ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet | 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 – Aug 07, 2026, 9:30 AM CDT ADNOC...Continue Reading

Ukraine Faces a Growing Air Defense Crisis as Patriot Supplies Dwindle | 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 – Aug 07, 2026, 9:00 AM CDT Ukraine...Continue Reading

Saudi Arabia, Pakistan and Turkey to Sign Defense Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 07, 2026, 8:00 AM CDT Saudi Arabia, Pakistan, and Turkey are expected to sign on Friday a joint defense cooperation agreement amid the Middle East’s turmoil triggered...Continue Reading

India Remains Dependent on Imports for 90% of Oil Demand | 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 – Aug 07, 2026, 7:00 AM CDT Despite a...Continue Reading