Iran’s Currency Crisis Deepens as War Batters Economy | 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 – May 01, 2026, 1:00 PM CDT Iran’s rial fell to...Continue Reading
Venezuela Oil Exports Hit Seven-Year High | 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 – May 01, 2026, 12:30 PM CDT Venezuela’s oil exports rose to 1.23 million barrels per day (bpd)...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 547, down 37 from this same time last year. The number of active oil rigs specifically rose by...Continue Reading
Chevron Earnings Top Estimates While Refining Swings to Loss | 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 – May 01, 2026, 11:30 AM CDT Chevron beat first-quarter expectations as higher oil prices...Continue Reading
Oil Rally Stalls as Iran Proposal Triggers Profit-Taking | 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 01, 2026, 11:11 AM CDT Oil prices head for...Continue Reading
Defying some analysts’ expectations, Kazakhstan has opted not to follow the United Arab Emirates in abandoning OPEC’s oil production quotas. The Kazakh Energy Ministry announced April 29 that “the issue of changing the format of the country’s participation in the alliance is not on the agenda.” Kazakhstan cooperates with OPEC under the OPEC+ platform, which coordinates production...Continue Reading
Syria Still Leans on Russia for Oil Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 01, 2026, 10:30 AM CDT Russia remains Syria’s top oil supplier and has even boosted its sales so far this year despite the fact that the Middle Eastern...Continue Reading
Ukraine Hits Russian Black Sea Oil Port Four Times in One Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 01, 2026, 9:30 AM CDT Russia’s Black Sea port of Tuapse was targeted and hit by a new Ukrainian drone strike early on Friday,...Continue Reading
High Gas Prices Are Just the Start of a Much Deeper Energy Crunch | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – May 01, 2026, 9:00 AM...Continue Reading
Exxon Beats Q1 Earnings on Oil Price Surge Despite 6% Production Drop | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 01, 2026, 8:30 AM CDT Higher oil prices drove the first-quarter adjusted earnings at ExxonMobil (NYSE: XOM) above the analyst estimates as the jump...Continue Reading
