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Oil forecasts rise as energy costs stay elevated

S&P Global Market Intelligence reported that commodity price forecasts moved higher in May as disruptions around the Strait of Hormuz continued to affect global supply chains. The firm said its Materials Price Index rose 10.7% in the first…

Oil moves above $100 as markets track Iran talks

News

The Guardian reports that Brent crude moved back above $100 a barrel on Tuesday after new U.S. strikes on Iranian targets reduced expectations for a quick diplomatic breakthrough. The move followed a recent pullback to about $97 a barrel on…

EOG keeps West Texas’ Delaware Basin central to oil plans

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EOG Resources continues to make the Delaware Basin a core part of its West Texas operations as the company adjusts its capital plans toward oil-focused assets. According to the Midland Reporter-Telegram, Chairman and CEO Ezra Yacob said EOG…

Permian basin reinforces its role in U.S. energy supply

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Oil & Gas 360 reports that the Permian Basin remains one of the most important oil-producing regions in the world, supported by its scale, geology, private mineral ownership structure, and continued technology gains. The basin, which spans…

Iran moves Strait of Hormuz service fee proposal forwardAugust 26, 2026 - 6:30 am
Oil prices rise as U.S.-Iran agreement reaches deadlineAugust 19, 2026 - 6:30 am

News

Oil forecasts rise as energy costs stay elevated

Oil moves above $100 as markets track Iran talks

EOG keeps West Texas’ Delaware Basin central to oil plans

Permian basin reinforces its role in U.S. energy supply

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