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EIA
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US petroleum inventories and global oil market volatility
10 clusters · 170 sources · last updated
Latest: Oil prices surge above $112 amid Middle East conflict escalation
By mid-October, global crude oil prices surged, with Brent crude reaching $110 per barrel. This spike was driven by geopolitical instability in the Middle East, including attacks on energy infrastructure near Saudi Arabi
US-Iran Hormuz conflict: Blockade and energy crisis
1339 clusters · 4167 sources · last updated
Latest: US Department of Energy to loan heating oil from Northeast reserve
The US–Iran maritime standoff in the Strait of Hormuz has intensified, causing significant global economic volatility. While President Trump previously claimed the strait was navigable, a diplomatic impasse has stalled r
Oil prices surge amid Middle East tensions and supply risks
6 clusters · 228 sources · last updated
Latest: Saudi stock market rebounds amid oil price shifts and geopolitical tensions
Global oil prices remain volatile as geopolitical instability in the Middle East and weather threats in the United States drive market fluctuations. Brent crude has recently moved around the $100 to $101 per barrel mark.
US threatens diesel export ban over European fuel reserves
34 clusters · 527 sources · last updated
Latest: US diesel shortages threaten global energy security
The Trump administration has escalated its pressure on European allies, issuing an ultimatum to Germany and France to release emergency diesel reserves. Washington has warned that failure to comply could result in a pote
US-Canada oil and gas drilling trends
11 clusters · 12 sources · last updated
Latest: North American drilling activity shifts as U.S. rigs ease and Canada increases
By the week of 14 August, the U.S. total rig count rose to 593, the highest since March 2025, including one additional oil rig and four additional gas rigs. During this period, Canada reached 219 active rigs, driven by a