Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2026, 10:30 AM CDT The Philippines has received its first cargo of Iranian crude, Reuters reported on Friday, citing tanker-tracking data from Kpler and Vortexa. A...Continue Reading
Oil Prices Suffer Biggest Weekly Collapse in Two Months | 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 – May 29, 2026, 10:30 AM CDT Brent crude is...Continue Reading
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies. SourceContinue Reading
Smart Seismic Solutions (S3) has purchased a 20,000-node STRYDE seismic acquisition system, expanding its onshore survey capabilities following large-scale deployments across Europe for carbon storage and geothermal exploration projects. SourceContinue Reading
India’s Central Bank Warns Oil Shock Threatens Growth | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 29, 2026, 9:30 AM CDT India’s economy remains resilient to the external shocks, but the oil price surge amid the global supply disruption poses near-term downside risks to...Continue Reading
Supermajor Warns Oil Prices Could Hit $160 Within Weeks | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 29, 2026, 9:00 AM CDT Exxon SVP Neil Chapman warned at the Bernstein conference that global oil inventories are approaching ‘unheard of’ lows and...Continue Reading
Chevron CEO Mike Wirth said multiple vessels transiting the Strait of Hormuz were attacked this week, highlighting persistent security risks for oil shipping even as the United States and Iran move closer to a potential ceasefire agreement. SourceContinue Reading
Japan Crude Imports Fell 66% in April | 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 – May 29, 2026, 8:30 AM CDT Amid the supply disruption in...Continue Reading
Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal | 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 – May 29, 2026, 7:30...Continue Reading
Norway Lobbies to Persuade EU to Drop Arctic Drilling Ban | 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 – May 29, 2026, 6:30 AM CDT Norway, Western...Continue Reading
