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The article discusses the transformation of Corpus Christi, Texas, into a major crude oil export hub. It highlights the city's unexpected rise to prominence in the global energy system, driven by incr

Oil Settles at Six-Week Low

Oil prices settled at a six-week low due to increased optimism that the Strait of Hormuz might reopen. This optimism stems from ongoing truce negotiations, sugg

Rigzone·1d ago

Colombia’s Oil Industry Faces a Defining Election in 2026

Colombia's oil industry is facing uncertainty due to the upcoming 2026 presidential election. Concerns are rising because current President Petro's policies aim

OilPrice·1d ago

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory

Kansas City Fed President Jeffrey Schmid cautioned that the current energy price shock might not be temporary due to already high baseline inflation. He highlig

OilPrice·1d ago

US Drillers Add More Rigs In Response to Higher Prices

The US oil and gas rig count increased this week, with oil rigs specifically rising by 4 to a total of 429. This indicates that US drillers are responding to hi

OilPrice·1d ago

1d ago