Oil Gains As Middle East Tensions Rise
Traders balanced Iran uncertainty against growing inventories.
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TotalEnergies Cuts Buyback to Lower End of Range
TotalEnergies SE trimmed its share buybacks to the lower end of its guidance range.
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Ukraine Hits Lukoil Refinery
Ukraine attacked an oil refinery in Russia's Volgograd region.
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EIA Sees Brent Price Dropping in 2026 and 2027
The U.S. Energy Information Administration projected that the average Brent spot price will drop in 2026 and 2027.
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OPEC Says Oil Production Declined Last Month
OPEC+ oil production declined sharply last month amid losses in Kazakhstan, Venezuela and Iran, the group said.
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EIA Fuel Update Shows Increasing Price Trend for USA Gasoline
The U.S. Energy Information Administration's latest gasoline fuel update showed an increasing trend for the U.S. regular gasoline price.
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Strategists See USA Crude Stocks Rising Over 6MM Barrels WoW
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 6.5 million barrels for the week ending February 6.
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USA Allows Oilfield Contractors to Go to Work in VEN Fields
The U.S. government issued a general license to allow oilfield-service companies to work in Venezuela.
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Oil Edges Down
Oil slid in a choppy session.
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Equinor Divesting Full Onshore Position in Vaca Muerta Basin
'This transaction strengthens Equinor's financial flexibility', said Philippe Mathieu, executive vice president for Exploration & Production International at Equinor.