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Oil prices set for steepest weekly drop in 3 months, Energy News, ET EnergyWorld

Oil Prices: Geopolitical risk premiums due to the Israel-Hamas war, which had kept prices high due to global supply risks, are also fading, with Israel and Hamas considering a temporary ceasefire and holding talks with international mediators. ....

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US and Saudis near historic pact. Could it reshape the Middle East?

The United States and Saudi Arabia are said to be nearing a pact that would offer the kingdom security guarantees and lay out a possible pathway to diplomatic ties with Israel if it brings the war in Gaza to an end. ....

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Oil falls for a third day amid easing Middle East tensions, increased production

US crude inventories rise 4.906m barrels in the week ended April 26 ....

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The global oil market is facing a confluence of factors

The global oil market is facing a confluence of factors
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Earnings for Big Oil backpedal as natural gas prices tumble, Auto News, ET Auto

Natural Gas Prices: Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when prices spiked after Russia invaded Ukraine. ....

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