JODI: Saudi Arabia Crude Exports Sink To Record Lows | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – May 20, 2026, 11:55 AM CDT Saudi Arabia’s crude oil exports plummeted to 4.974 million barrels per day (bpd) in March,...Continue Reading

Nigeria Targets 100,000-BPD Oil Output Increase As Global Supply Disrupted | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – May 20, 2026, 11:30 AM CDT Nigeria is actively increasing its crude oil production in response to major global supply...Continue Reading

A Clean Shipping Crunch Is Looming Amid a Conventional Fuel Shortage | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – May 20, 2026, 11:00 AM CDT Norway’s...Continue Reading

Iran warned it could retaliate beyond the Middle East if the U.S. or Israel launches new attacks, as President Donald Trump again threatened strikes amid ongoing Strait of Hormuz shipping disruptions and elevated oil prices. SourceContinue Reading

Aquaterra Energy has moved its Recoverable Abandonment Frame system into fabrication for the Northern Endurance Partnership CCS project, targeting safer management of legacy offshore wells at future CO2 storage sites. SourceContinue Reading

IEA: Oil Shock Sparks Surge in EV Sales | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 20, 2026, 10:30 AM CDT Electric vehicle sales could hit nearly 30% of all car sales in the world this year as drivers...Continue Reading

Former Cairn Energy CEO Simon Thomson has joined Alder as senior adviser, bringing more than two decades of leadership experience across the global oil and gas sector. SourceContinue Reading

Chord Energy has invested in MaverickX to support deployment of PetroX Boost, a shale production enhancement technology aimed at improving hydrocarbon recovery from unconventional wells in the Bakken and other U.S. shale basins. SourceContinue Reading

Crude oil inventories in the United States decreased by 7.9 million barrels during the week ending May 15, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 445.0 million barrels, according to government data, which is now 2% below the five-year average for this...Continue Reading

UK Eases Some Russian Oil Sanctions as Fuel Prices Soar | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 20, 2026, 9:30 AM CDT As a result of spiking fuel prices and concerns about jet fuel supply shortages, the UK...Continue Reading