One-Fifth of Global Oil Trade Is Blocked, But Solar Is Softening the Blow | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Apr 02, 2026, 4:00 PM...Continue Reading

AI Leads Record Deal Flow While Energy Reality Looms | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Apr 02, 2026, 3:00 PM CDT AI dominated deal activity in Q1 2026, with record...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Thursday, bringing the total rig count in the US to 548, down 42 from this same time last year. The number of active oil rigs rose by 2...Continue Reading

OPEC+ Prepares Paper Oil Barrels While Exports Stall | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Apr 02, 2026, 1:45 PM CDT OPEC+ is preparing to weigh another output increase this...Continue Reading

U.K. Airlines Brace for Jet Fuel Crunch as Iran War Disrupts Global 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 – Apr 02, 2026, 1:00 PM...Continue Reading

WTI crude spiked to $111.29 per barrel on Thursday, with Brent trading at $107.57, inverting the global benchmark structure as the market repriced accessible supply amid a prolonged disruption at the Strait of Hormuz. WTI rarely trades at a premium to Brent. Brent crude reflects seaborne crude and typically leads during global supply shocks, while...Continue Reading

Donbas Coal Deal Exposes Fragile Enforcement of Russia Sanctions | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Apr 02, 2026, 11:00 AM CDT A Georgian firm plans to...Continue Reading

40% of Russia’s Baltic Oil Export Capacity Offline as Gasoline Ban Widens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 02, 2026, 10:30 AM CDT Russia is banning gasoline producers from exporting the fuel until July 31, expanding the current ban that applied only...Continue Reading

Tesla Disappoints With Q1 Deliveries Miss | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 02, 2026, 10:00 AM CDT Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and...Continue Reading

China Directs Private Refiners to Maintain Fuel Output Even At A Loss | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 02, 2026, 9:30 AM CDT Chinese authorities have ordered private refiners to maintain high levels of gasoline and diesel supply, even at a loss,...Continue Reading