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The diversions show the disruption to supply chains caused by the trade fight between the U.S. and China.
Oil prices edged up slightly as conflicting US-China trade signals kept markets cautious.
Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma.
'AccuWeather is forecasting seven to nine million acres to burn across the country this year, which is more than the historical average', AccuWeather Lead Long-Range Expert Paul Pastelok said.
At this week's flagship international summit on energy security, the clashing visions of the US and its allies were on full display.
Tight supplies and bullish market signals supported gains in both WTI and Brent.
Enverus Intelligence Research revealed that U.S. upstream mergers and acquisitions (M&A) hit $17 billion in deal value in the first quarter of 2025.
'We believe it is important for the offshore energy industry to take seriously the need for optimum security', said Mark Wilson, OEUK's director of health, safety, environment, and operations.
Oil dropped over 2% as reports of accelerated OPEC+ output overshadowed easing US-China trade tensions.
Birol is visiting London as the IEA and the UK government convene a two-day summit of more than 60 countries and numerous companies to discuss the future of energy security.
'As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand, and prices', TIPRO warned.
The US's campaign to impose 'maximum pressure' on Iran's economy now includes the Islamic Republic's liquefied petroleum gas exports.
Rigzone asked oil and gas recruitment experts what the biggest oil and gas hiring surprises they've seen so far this year are.
Oil rose 2% as US sanctions on Iran supported prices and markets rebounded.
Eli Rubin, an energy analyst at EBW Analytics Group, said the May natural gas contract is 'flirting with [the] $3.00 per million British thermal units (MMBtu) psychological level'.
Made in China oil supertankers are set to be slapped with more hefty charges under America's latest proposal to penalize ships manufactured in the Asian nation.
'Launching the process to develop the 11th national outer continental shelf program marks a decisive step toward securing American energy dominance', Secretary of the Interior Doug Burgum said.
Russia downgraded its outlook for exports this year and lowered expectations for the price for its oil.
WTI crude dropped 2.5% on demand fears and rising global economic uncertainty.
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.