Page Updated: Wednesday, May 06, 2026 7:56 AM ET

OilPrice.com - Top Stories

Oil Plummets 11% on Reports of Deal to End Iran War

6 minutes ago

Oil Futures Markets Still Too Complacent About Supply Shock -- If disruptions persist, analysts warn prices could surge toward $150–$200 as supply losses deepen and peak summer demand approaches.

11 hours ago

DR Congo's Cobalt Miners Pivot To Copper Amid Price Crash -- Democratic Republic of the Congo is pivoting its mining strategy: cutting cobalt output amid oversupply and low prices while shifting…

11 hours ago

U.S. Oil Can't Fill the Middle East Supply Hole -- Higher exports push up domestic fuel prices, port capacity is maxed out, and structurally, U.S. supply alone cannot close the…

12 hours ago

UAE's Shock Exit Leaves OPEC Weakened and the Global Oil Order… -- OPEC has weakened with the exit of United Arab Emirates, losing a key producer with spare capacity and reducing its…

13 hours ago

Venezuela's Oil Rebound Shows Why the Petrodollar Is a Logistics System

11 hours ago

Norway Just Switched on Another Gas Lifeline for Europe

11 hours ago

The $12.5 Billion Investment Designed to Counter China's Minerals Dominance

12 hours ago

Top Permian Producer Adds Rigs as Oil Rally Holds

13 hours ago

BP Considers Retreat From North Sea Amid Mounting Tax Pressures

14 hours ago

US Moves to Break Iran's Chokehold on Hormuz

15 hours ago

Saudi Arabia Cuts June Oil Prices by Less Than Expected as Hormuz Risks Persist

1 hour ago

Europe's Gas Market Braces for Winter Shock as Traders Bet Prices Could Double

2 hours ago

Oil Prices Fall Below $100 After Trump Pauses Hormuz Escort Plan

3 hours ago

Energy Security Concerns Force the EU to Reconsider Domestic Gas Drilling

5 hours ago

Australia Plans $7 Billion Fuel Stockpile

6 hours ago

API Confirms Very Large Crude and Oil Product Draws

14 hours ago

Equinor Posts Strong Q1 on Record Output and Higher Energy Prices

6 hours ago

EOG Beats Q1 Estimates and Raises Oil Production Outlook

9 hours ago

Devon Misses Q1 Profit Estimates Ahead of Coterra Merger

9 hours ago

More Energy Company News

7 months ago

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4 years ago

Missile Strikes and Naval Escalation Threaten Fragile Gulf Cease-Fire

16 hours ago

Pakistan Opens Iran Land Corridors as Region Scrambles for Routes Beyond Hormuz

18 hours ago

Big Oil Resists Push To Prioritize Output Growth

20 hours ago

ADNOC Accelerates $55 Billion Investment after UAE's OPEC Exit

20 hours ago

Volume Down Revenue Up Iran's Oil Trade Defies the War

22 hours ago

China's Rare Earth Leverage Explained in 3 Shocking Charts

5 days ago

New Chinese Iron Battery Lasts 16 Years

4 days ago

How China Killed Every Rare Earth Competitor Before It Could Get Started

17 hours ago

Iran's Oil Industry Faces a Geological Time Bomb

5 days ago