News

Oil prices plunged after conflicting US signals about tanker escorts through the Strait of Hormuz rattled markets.

Saudi Aramco's chief executive officer warned the impact on global oil markets will be 'catastrophic' the longer the disruption from the Iran war drags on.

'For too long, Washington red tape has strangled American energy producers and held back small businesses', Interior Secretary Doug Burgum said.

The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone on Tuesday.

Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.

Annual U.S. crude oil exports in 2025 decreased 3% from 2024, the first annual decrease since 2021. Exports decreased to Europe and the Asia and Oceania region, the two top regional destinations for U.S. crude oil. Despite fewer crude oil exports, U.S. cr…

In 2025, exports of major petroleum-based transportation fuels, including distillate fuel oil, motor gasoline, and jet fuel, averaged 2.4 million barrels per day (b/d), about the same as the previous year. Distillate fuel oil, commonly sold as diesel, acc…

U.S. electricity net generation reached a record in 2025 based on data from our Electricity Data Browser. In 2025, the United States generated 4.43 terawatthours (TWh) of electricity, up 2.8% from 2024 generation, which previously had been the highest ann…

U.S. developers signed sale and purchase agreements (SPA) for 40 million tons per annum of liquefied natural gas (LNG) in 2025 from planned export facilities, according to U.S. Department of Energy (DOE) and company website data. This LNG volume equals 5.…

On February 9, 2026, Japan restarted Unit 6 of its largest nuclear power plant, the Kashiwazaki-Kariwa Nuclear Power Station in Niigata Prefecture, which was shut down following the 2011 Fukushima tsunami and nuclear accident. As the reactor returns to fu…