The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543,  down 42 from this same time last year. The number of active oil rigs slipped by 1...Continue Reading

The Overlooked War China Is Desperate to Contain | 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 – Apr 17, 2026, 1:00 PM CDT China hosted trilateral talks...Continue Reading

Spain Probes Europe’s Worst Blackout Over Power Rule Breaches | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Apr 17, 2026, 11:30 AM CDT The Spanish market and competition regulator on Friday opened probes into potential breaches of power sector rules...Continue Reading

World Bank and IMF See Economic Slowdown Across Central Asia and the Caucasus | 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 17, 2026, 11:00 AM CDT The...Continue Reading

India’s Power Demand Growth Slowed to Six-Year Low in FY 2025-26 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 17, 2026, 10:30 AM CDT A milder 2025 summer and heavy rainfalls in the monsoon season later dragged down the growth in India’s electricity consumption...Continue Reading

Oil Slides but the Real Test Comes This Weekend | 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 – Apr 17, 2026, 10:23 AM CDT Oil markets are...Continue Reading

Labor Dispute in Australia Could Further Hinder Global LNG Supply | 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 – Apr 17, 2026, 9:30 AM CDT A labor dispute could soon lead...Continue Reading

Why Diesel Prices Surge Faster Than Gasoline in Every Energy Crisis | 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 – Apr 17, 2026, 9:00 AM CDT Diesel...Continue Reading

Oil Prices Sink 10% as Trump Announces Strait of Hormuz is Fully Open | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Apr 17, 2026, 8:25 AM CDT Iran’s Foreign Minister Abbas Araghchi announced Friday that the Strait of Hormuz is...Continue Reading

India Pays in Yuan for Iranian Oil Purchases Under U.S. Waiver | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 17, 2026, 7:30 AM CDT Indian refiners that have bought Iranian crude under the one-month U.S. waiver on Iran’s oil on tankers are settling the...Continue Reading