US oil
23 stories related to this topic, newest first.
rediff.comUS Crude Oil Futures Rise After Iran Talks
US oil prices increased more than one dollar per barrel in early trading Friday. Investors cited doubts over progress in talks between the United States and Iran on uranium stockpiles and Strait of Hormuz controls.
US Oil Prices Rise Toward $104 per Barrel
Oil prices have increased as talks between the United States and Iran appear to have stalled. Prices are up 17 percent from the recent low reached after a report last week that the two sides were nearing agreement on a one-page memo to end the war. The rise comes amid uncertainty…
ecns.cnUS Oil Blockade on Cuba Hits Private Sector Businesses
The United States imposed an oil blockade on Cuba in late January 2026. Private businesses in Havana report sharp increases in fuel costs, longer power outages and reduced profitability. The Cuban government has responded with new regulations to expand opportunities for the priva…
GB NewsGlobal Airlines Cut 2 Million Seats as US Oil Demand Falls
Global airlines have reduced capacity by two million seats and canceled 12,000 flights in May due to jet fuel supply disruptions from the Iran conflict and Strait of Hormuz closure. Warnings highlight risks of critically low inventories in the UK, prompting emergency measures and…
BBC NewsUK Energy Prices Rise While US Oil Companies Report Higher Profits
UK retailers highlight soaring electricity prices amid Middle East conflict, while US oil majors report sharp earnings declines despite high oil prices. Federal Reserve Chair Jerome Powell concludes his term amid assessments of inflation management. Central banks signal potential…
etftrends.comUS Oil ETF Sees $900 Million Outflows in April Amid 2% Gains
Investors have pulled $900 million from the United States Oil ETF (USO) so far in April 2026, positioning it for the largest monthly outflow since 2009. The ETF has still risen 2% month-to-date. The moves reflect profit-taking in the oil trade, according to market data.
Substrate placeholder — needs reviewUS Oil Prices Exceed $93 per Barrel After Iran's Rejection of Peace Talks
US oil prices rose above $93 per barrel after Iran announced it has no plans to attend peace talks with the United States scheduled for Friday. The development comes amid ongoing tensions in the region. This marks a notable increase in oil prices tied to geopolitical events.
Cuba Confirms Recent Talks with US Officials in Havana Amid Energy Tensions
The Cuban government confirmed holding talks with US officials in Havana, focusing on the US oil restrictions affecting the country. Cuban officials stated the discussions were respectful and addressed priorities like ending the fuel restrictions. Reports indicate US proposals in…
Cuba Confirms Recent Talks with US Officials Amid Ongoing Tensions
A senior Cuban diplomat confirmed that talks occurred between Cuban and US delegations in Havana. The discussions addressed the US oil blockade on Cuba, which has intensified the island's economic crisis. Leaders from several countries expressed concern over the situation and cal…
SemaforCuban President Expresses Openness to US Oil Investments Despite Ongoing Embargo
Cuba's President Miguel Díaz-Canel stated openness to US investment in the country's oil industry. He reiterated that he would not step down. These remarks come as economic conditions in Cuba have deteriorated since the Trump administration tightened its oil embargo, with Washing…
Substrate placeholder — needs reviewUS Oil & Gas Association Opposes Proposed Tax on Fuel Producers in California
The US Oil & Gas Association has criticized a proposed federal bill to tax fuel producers, stating it would not reduce gas prices in California. The group attributes high gas prices to state taxes and environmental regulations. It urges suspension of state-level taxes to align pr…
Substrate placeholder — needs reviewPresident Trump Discusses Naming Gulf of America After Himself During Oil Shipment Remarks
President Trump mentioned the idea of naming the Gulf of America after himself in comments about supertankers traveling there for US oil. The remarks occurred amid discussions on energy exports. No formal proposal for the name change has been announced.
Substrate placeholder — needs reviewCuban President States Openness to US Oil Investment Amid Defense Preparations
Cuba's president announced openness to US investment in oil exploration. The statement comes alongside readiness to defend against any potential US invasion. This reflects ongoing economic and security dynamics between the two nations.
Substrate placeholder — needs reviewCEOs of Top US Oil Companies Warn of Energy Crisis from Strait of Hormuz Closure
CEOs of America's three largest oil companies have stated that a continued closure of the Strait of Hormuz could lead to a worsening energy crisis. The warning highlights potential disruptions to global oil supplies. The statement was reported by sources to the Wall Street Journa…
Substrate placeholder — needs reviewGlobal Markets Show Mixed Performance in Weekend Update
Major stock indices and commodities recorded slight changes during the weekend trading session. US oil declined by 1.21 percent, while gold rose by 0.11 percent. European and Asian indices posted minor gains, and US indices saw small decreases.
Substrate placeholder — needs reviewTrump Claims Empty Oil Tankers Heading to US to Load American Oil
Former President Donald Trump stated on Truth Social that large numbers of empty oil tankers are en route to the United States to load oil and gas. He described the US oil as the best and sweetest in the world and claimed the country has more oil than the next two combined. The s…
Substrate placeholder — needs reviewUS Oil and Gas Extraction Employs 116,000 Workers Out of 170 Million Labor Force
The US oil and gas extraction sector employs 116,000 workers, representing a small portion of the total US labor force of 170 million. Including tangential roles in oil and gas production increases the figure by several hundred thousand employees. This total remains under 1% of t…
Substrate placeholder — needs reviewUS Oil Prices Fluctuate Sharply Amid Reports of Middle East Ceasefire Talks
US oil prices initially fell below $96 per barrel following headlines about talks between Israel and Lebanon, as well as the US and Iran. Prices later extended gains to rise above $101 per barrel, up 11% in 24 hours. The volatility stems from growing doubts about a potential US-I…
US Oil Exports Reach Record High Amid Global Supply Challenges and NHS Reports Increased Demand
US oil exports hit a record 5.2 million barrels per day last week amid ongoing global supply disruptions. Meanwhile, the NHS recorded its busiest month ever for A&E visits, driven partly by a meningitis outbreak and winter pressures.
Substrate placeholder — needs reviewTrump Issues Ultimatum to Iran Over Strait of Hormuz Ahead of 8 PM ET Deadline
US President Donald Trump has threatened strikes on Iranian infrastructure if Iran does not reopen the Strait of Hormuz by 8 PM ET. Iran reports halting diplomatic talks in response, while US oil futures rise amid tensions. Vice President JD Vance stated the conflict will conclud…
nationalobserver.comUS Oil Prices Rise Above $115 per Barrel Ahead of President's Deadline
US oil prices have climbed to $117 per barrel as an 8 PM ET deadline set by President Trump approaches. The surge marks a 110% increase from December 2025 lows. Models indicate potential inflation rises if prices persist.
michaelwest.com.auUS Oil Prices Exceed $115 per Barrel Following Market Reopening
US oil prices have surpassed $115 per barrel as futures trading resumes after a three-day weekend. Sustained levels at this price could elevate US CPI inflation to approximately 3.7% within seven weeks. This would mark the highest inflation rate since September 2023.
Substrate placeholder — needs reviewUS Oil Futures Prices Rise Above $114 Per Barrel on Market Reopening After Holiday Weekend
US oil futures prices exceeded $114 per barrel as trading resumed following a three-day weekend. The surge occurred in the reopening of US market futures. This development reflects activity in the energy sector amid standard market operations.