Oil Prices Surge as Israel-Iran Conflict Rattles Markets | OilPrice.com Premium Content By Editorial Dept – Jun 20, 2025, 9:30 AM CDT Crude oil prices climbed sharply last week as the conflict between Israel and Iran worsened, raising fears that global oil supplies could be affected. The situation quickly became one of the most closely...Continue Reading

Russia’s New Oil Gambit | OilPrice.com Premium Content By Editorial Dept – Jun 20, 2025, 9:30 AM CDT Politics, Geopolitics & Conflict Russia is signaling a desire to re-enter the global energy conversation on new terms, with Russian sovereign wealth chief Kirill Dmitriev floating the idea of U.S.–Russia–Saudi cooperation to stabilize oil markets. This proposal...Continue Reading

European diesel prices rallied for a fifth straight session, driven by mounting anxiety that critical Middle East shipping lanes could be choked off. The conflict between Israel and Iran has raised alarm bells across the EU, which has become increasingly dependent on fuel shipments transiting the Strait of Hormuz since losing access to Russian supplies. ...Continue Reading

Russia Floats Asset Sales as War Costs Mount | 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 – Jun 20, 2025, 8:50 AM CDT Russia is preparing to sell off chunks of its...Continue Reading

Texas Oil Family to Benefit From Potential $8-Billion Mitsubishi Deal | 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 – Jun 20, 2025, 7:49 AM CDT Father and son, Albert and Gordon...Continue Reading

China’s Shipments of Rare Earth Magnets Tumble Amid Export Control | 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 – Jun 20, 2025, 6:50 AM CDT China saw its shipments of rare...Continue Reading

Equinor’s New Arctic Field Reaches Peak Oil Production | 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 – Jun 20, 2025, 5:45 AM CDT The Johan Castberg oilfield in the Barents Sea...Continue Reading

MEG Energy Seeks Alternatives After Rejecting $4.4-Billion Bid From Strathcona | 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 – Jun 20, 2025, 4:41 AM CDT Canada’s Strathcona Resources supports MEG Energy...Continue Reading

Israel in Control as Trump Wavers Over Iran Intervention | OilPrice.com Premium Content By Editorial Dept – Jun 20, 2025, 3:21 AM CDT Israel is in control. The U.S. is not, because it currently has no foreign policy to speak of. It is entirely reactionary, which means what happens next is impossible to predict. It...Continue Reading

Mozambique Ready to Lift Force Majeure on LNG Plant | 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 – Jun 20, 2025, 2:58 AM CDT The government of Mozambique is ready to lift the...Continue Reading