Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory | 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 29, 2026, 12:30 PM CDT Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the...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 Friday, bringing the total rig count in the US to 562,  down just 1 from this same time last year. The number of active oil rigs rose by...Continue Reading

Chevron CEO: Multiple Ships Attacked In Strait of Hormuz | 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 29, 2026, 11:29 AM CDT Multiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. (NYSE:CVX)...Continue Reading

Secretive Azerbaijan Deal Raises Energy Security Concerns in Georgia | 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 – May 29, 2026, 11:00 AM CDT Georgia and Azerbaijan signed long-term...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

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

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

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