Sanctions Relief Helps Fuel Russia’s War Machine as Oil Revenues Jump | 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 – Apr 20, 2026, 11:00 AM CDT Russia’s...Continue Reading

World’s Biggest Physical Oil Trader Warns of Months of Price Volatility | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Apr 20, 2026, 10:30 AM CDT Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in...Continue Reading

President Donald Trump said a ceasefire extension with Iran is unlikely, with the Strait of Hormuz set to remain blocked, raising concerns over global oil supply and market volatility. SourceContinue Reading

TGS has secured a three-year extension for its ocean bottom node (OBN) seismic acquisition contract in the Gulf of America/Mexico, supporting ongoing offshore exploration and development activity. SourceContinue Reading

Sable Offshore is ramping production at its Santa Ynez Unit and targeting new output in 2026, while advancing refinancing plans and pursuing legal claims tied to its California operations. SourceContinue Reading

India Allows More Russian Ship Insurance as Oil Imports from Moscow Soar | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 20, 2026, 9:30 AM CDT India has recently raised the number of Russian insurers allowed to provide protection and indemnity (P&I) cover for ships...Continue Reading

Eni and Repsol have reached an agreement to expand Venezuela’s offshore Perla gas field, targeting LNG exports by 2031 as production ramps up and sanctions ease. SourceContinue Reading

Oil Prices Rally as U.S.-Iran Tensions Escalate | 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 – Apr 20, 2026, 9:00 AM CDT Brent crude jumped more than...Continue Reading

Kuwait has declared force majeure on oil and refined product shipments as the Strait of Hormuz blockade disrupts export flows, highlighting the growing impact of the Middle East conflict on global energy markets. SourceContinue Reading

China’s April Ethane Imports From the U.S. Set to Hit All-Time High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 20, 2026, 8:30 AM CDT China is on track to import record-high volumes of ethane from the United States this month as Chinese and...Continue Reading