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, bringing the total rig count in the US to 543, down 49 from this same time last year. The number of active oil rigs fell by 5...Continue Reading

$100 Oil Is Solving Russia’s Budget Problem | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2026, 11:30 AM CDT Russia is getting an unexpected windfall from the war in the Middle East. The Kremlin’s oil revenues this month hit a four-year high as...Continue Reading

Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the second half of 2026, with output potentially rising by more than 800,000 bpd through 2028, according to Citi. SourceContinue Reading

U.K. Oil Producer Urges North Sea Revival as Hormuz Crisis Disrupts Supply | 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 – Mar 27, 2026, 11:00 AM CDT...Continue Reading

A U.S. appeals court has overturned a $16.1 billion judgment against Argentina tied to the nationalization of oil company YPF, marking a significant legal and financial shift in one of the industry’s largest compensation disputes. SourceContinue Reading

Asia Begins Pricing U.S. Oil Against Brent as Dubai Volatility Spikes | 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 27, 2026, 10:30 AM CDT Asian refiners have started pricing their orders for U.S. crude oil against the ICE Brent...Continue Reading

Brent Surges Past $110 on Iran Rejection | 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 27, 2026, 10:00 AM CDT Oil markets are being driven...Continue Reading

IKM Testing UK has been awarded a contract to deliver pre-commissioning services for CO₂ pipeline infrastructure on the Northern Endurance Partnership project, supporting development of the UK’s East Coast carbon capture cluster and offshore storage in the North Sea. SourceContinue Reading

The UAE is increasing crude exports from Fujairah as operators restore loading capacity following Iranian drone strikes, using the port as a key route to bypass the Strait of Hormuz and sustain global oil flows. SourceContinue Reading

Russia’s Baltic Ports Burning Again as Ukraine Drone Campaign Enters Third Day | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2026, 9:30 AM CDT Russia’s vital oil export loading ports on the Baltic Sea appeared to be on fire again early on Friday,...Continue Reading