Crude oil inventories in the United States decreased by 6.2 million barrels during the week ending April 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 459.5 million barrels according to government data, which is still 1% above the five-year average for this...Continue Reading

Barclays Sees UAE Oil Supply Growth Accelerating Post-OPEC | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2026, 9:30 AM CDT After quitting OPEC and OPEC+, the United Arab Emirates (UAE) is set to grow its oil production faster when the current Hormuz crisis...Continue Reading

Russia has confirmed it will remain in OPEC+ following the UAE’s exit, signaling continued support for the alliance amid global oil market disruption. SourceContinue Reading

U.S. Military Buildup Signals Rising Risk of Wider Middle East War | 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 29, 2026, 9:00 AM CDT The...Continue Reading

Petrobras has acquired a stake in the Argonauta area of the Campos basin, increasing its ownership in the Jubarte pre-salt field and strengthening its offshore portfolio. SourceContinue Reading

EU Warns Energy Crisis From Iran War Could Last Years | 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 29, 2026, 8:30 AM CDT The new energy crisis triggered by the Middle East conflict could hurt European consumers and industries...Continue Reading

OPEC Will Survive UAE Exit, But Medium-Term Supply Threat Is Real | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 29, 2026, 7:30 AM CDT The OPEC and OPEC+ groups...Continue Reading

U.S. Doubles Down on Hormuz Blockade to Choke Iran’s Oil Exports | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 29, 2026, 6:30 AM CDT The U.S. continues to seek...Continue Reading

TotalEnergies Raises Dividend as Oil Trading Profits Surge | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 29, 2026, 5:30 AM CDT TotalEnergies (NYSE: TTE) is raising its interim dividend...Continue Reading

Brent Tops $114 as Market Braces for Prolonged Disruption | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 29, 2026, 4:25 AM CDT Oil prices are extending their gains early...Continue Reading