Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl in Q2 and recession risks rising, according to EY-Parthenon. SourceContinue Reading

Tanker Rates for Red Sea-Loading Saudi Crude Plunge | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 24, 2026, 11:30 AM CDT Freight rates for tankers to ship Saudi crude from the Yanbu port on the Red Sea to Asia have slumped from the highs...Continue Reading

Expro will deliver geothermal well testing services for Vulcan Energy’s Lionheart project in Germany, supporting reservoir evaluation and lithium extraction as Europe advances low-carbon energy and critical minerals development. SourceContinue Reading

Oil States International will transition leadership as CEO Cindy Taylor retires, with CFO Lloyd Hajdik set to take over in May 2026, marking a planned succession as the company continues focusing on operational performance and growth. SourceContinue Reading

TotalEnergies is exiting U.S. offshore wind and redirecting capital into LNG and gas projects, including Rio Grande LNG, signaling a major shift in investment strategy toward U.S. export capacity and upstream growth. SourceContinue Reading

Strohm has secured a contract to supply insulated thermoplastic composite pipe (TCP) production jumpers for a deepwater field extension offshore Malaysia, highlighting growing adoption of corrosion-resistant subsea infrastructure in Southeast Asia. SourceContinue Reading

U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed disruptions in the Strait of Hormuz as India faces tightening LNG and oil supplies, highlighting growing risks to global energy flows and industrial demand. SourceContinue Reading

White House Dismisses Insider Trading Claims in Oil Market | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 24, 2026, 10:30 AM CDT Some trading entities profited millions of U.S. dollars from trades in oil futures contracts on Monday, just...Continue Reading

Markets Whiplashed by Trump’s Iran Rhetoric | 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 – Mar 24, 2026, 10:12 AM CDT Oil markets are turning chaotic as...Continue Reading

Conflicting tracking signals around an Iraqi crude tanker highlight growing uncertainty in vessel movements near the Strait of Hormuz, as signal jamming and limited transits complicate visibility into global oil flows during ongoing regional conflict. SourceContinue Reading