Oil holds steady as US–Iran tensions provide support
Oil held steady on Wednesday, finding support as the market waited for direction while U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices.
Record Resources sets sights on Gabon as global oil ambitions take shape
Record Resources Inc (TSX-V:REC) is making a deliberate move onto the global oil and gas stage, anchored by a large, high-potential offshore asset in one of West Africa's most established petroleum provinces. At the center of the strategy is Gabon, a country that Record Resources president and COO Alain Mizelle calls “one of the last unexplored, well-rich regions of the world.
Exclusive: Rosneft oil refinery in Germany warns of risks from US sanctions
Management at a Russian-owned oil refinery in Germany have privately warned Berlin that U.S. sanctions are hurting its business and threatening fuel supply for the country's capital and the region, according to correspondence seen by Reuters.
Oil News: Crude Oil Firms on Iran Risks as Traders Weigh Supply Premium and Outlook
Rising Iran tensions keep a supply premium under crude oil as traders watch support levels and shifting oil outlook while WTI holds its uptrend.
Oil India's quarterly profit declines on lower crude realisations
Indian explorer Oil India reported a fall in third-quarter profit on Tuesday as lower realisations squeezed margins, despite higher fuel demand.
Crude Oil Technical Analysis: Prices Hold in Range Amid Rising Geopolitical Risk
The EU's proposed sanctions on Russian oil exports, including third-country ports and refineries, raise global supply risks and keep WTI crude trapped in a tight consolidation range.
Oil drifts lower as traders weigh supply risks amid U.S.–Iran tensions
Oil prices eased slightly on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran.
Oil Falls on Possible Position Adjustments; May Be Supported by U.S.-Iran Tensions
Oil fell in the morning Asian session on possible position adjustments, but could be supported by U.S.-Iran tensions.
OPEC oil output falls in January on lower supply from Nigeria and Libya, Reuters survey finds
OPEC's oil output fell in January due to lower supply from Nigeria and Libya, a Reuters survey found on Monday, which offset increases in members including Venezuela after the U.S. capture of Nicolas Maduro and the ending of an oil blockade.
Exclusive: Venezuela boosts oil output in Orinoco Belt, country's production approaches 1 million bpd, sources say
Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, which has boosted the nation's total production close to 1 million barrels per day (bpd), sources close to operations said.
Oil News: Weekly Oil Outlook—Geopolitical Risk Sets Tone for Crude Oil Futures
Iran talks steer the oil outlook this week as crude oil holds key support levels and traders assess supply risk, demand trends, OPEC influence and inventory signals.
Natural Gas and Oil Forecast: Brent Stalls at $67 – Range Break or Deeper Pullback Ahead?
Oil prices soften as Brent holds $67 resistance, WTI cools near $62, and natural gas consolidates after a sharp rally reversal.
