A consortium comprising Chevron and a group led by an investment bank continues negotiations with Lukoil and U.S. officials to buy the Russian firm’s international assets, even as Lukoil has signed a preliminary non-exclusive deal with Carlyle, multiple sources with knowledge of the ongoing talks tell Reuters. Last week, Lukoil announced it had agreed to...Continue Reading
Oil Prices Slide as Diplomacy Drains the Risk Premium | OilPrice.com Premium Content By Editorial Dept – Feb 06, 2026, 8:30 AM CST WTI crude oil futures are wrapping up a volatile week with the market trading at $62.99, down $2.22 or -3.40%. With one day left before the week ends, the primary driver of...Continue Reading
Syria’s Oil Future Still Hinges on Politics, Not Geology | OilPrice.com Premium Content By Editorial Dept – Feb 06, 2026, 8:30 AM CST Chevron has signed an MoU with Syria’s state oil company and a Qatari partner to evaluate offshore oil and gas potential in Syrian territorial waters in an agreement that covers data access...Continue Reading
Iran Tightens Its Grip on Gulf Shipping Ahead of Negotiations | OilPrice.com Premium Content By Editorial Dept – Feb 06, 2026, 8:30 AM CST Politics, Geopolitics & Conflict Iran seized two foreign-crewed oil tankers in the Persian Gulf this week, taking the crews into custody and accusing the vessels of carrying smuggled fuel. The operation...Continue Reading
Oil Tankers Wait Offshore as Russia Redirects Barrels to China | 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 – Feb 06, 2026, 8:30 AM CST Tankers carrying a total of up...Continue Reading
India’s Imports of Russian Oil Dropped Sharply in December | 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 Related News By Irina Slav – Feb 06, 2026, 7:30 AM CST Russian oil exports to India fell to less than...Continue Reading
Oil Markets Waver as Iran Prepares for Prolonged Nuclear Negotiations | 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 – Feb 06, 2026, 6:30 AM CST Ahead of the U.S.-Iran nuclear talks...Continue Reading
India Resumes Venezuelan Crude Purchases After U.S. Opens Market | 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 – Feb 06, 2026, 5:32 AM CST India’s largest private refiner, Reliance Industries, is...Continue Reading
Mexico Weighs Cuba Oil Exports as U.S. Pressure Mounts | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 06, 2026, 4:30 AM CST Mexico is looking for ways to keep supplying oil to Cuba amid a U.S. squeeze on energy supplies to the island nation...Continue Reading
Oil Prices Set for First Weekly Dip of the Year | 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 Related News By Irina Slav – Feb 06, 2026, 1:11 AM CST Crude oil prices were set for their first...Continue Reading
