(Reuters) – Iran can withstand a complete halt in oil exports of up to two months before being forced to curb production, analysts said, after the U.S. began blocking shipping in and out of the country’s ports on April 13. The blockade could prevent roughly 2 million barrels per day (bpd) of Iranian crude from …
Iran Can Go Up to Two Months Without Oil Exports Before Cutting Output, Analysts Say Read More »
New analysis reveals deepening inventory optionality alongside growing development sequencing risk across the basin CALGARY, Alberta (Apr. 15, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its latest report, Permian Basin Play Fundamentals: The Intervals Keep Coming. As global supply uncertainty and price volatility weigh on capital …
With ~55,000 Sub-$50/bbl Locations, the Permian’s Low-Breakeven Runway Expands Read More »
By Ari Natter The Trump administration is unlikely to issue a new a waiver allowing countries to buy sanctioned Russian oil as part of any efforts to tame high fuel prices, Energy Secretary Chris Wright said. “That was a broad-based reprieve,” Wright said Wednesday at an event held by the Wall Street Journal. “I don’t …
US Unlikely to Grant New Waiver to Buy Russian Oil, Wright Says Read More »
By Salma El Wardany and Eric Martin The US and Iran are considering extending their ceasefire that ends on Tuesday by another two weeks to allow more time to negotiate a peace agreement, according to a person familiar with the matter. Mediators between the warring sides are trying to set up technical talks to resolve …
US and Iran Weigh Extending Their Ceasefire by Two Weeks Read More »
By Emma Sanchez NOV Inc., one of the biggest US makers of oilfield gear, slashed its earnings guidance for the first quarter as the war in the Middle East raises costs and snarls equipment deliveries. Safety and logistical problems from the conflict dented revenue by about $54 million and adjusted earnings by around $32 million, …
Oil-Gear Maker NOV Cuts Earnings Guidance as Iran War Hikes Costs and Snarls Deliveries Read More »
By Javier Blas It feels like an eternity, but it was only a decade ago when the political center-left was still for “all of the above” energy sources: fossil fuels and renewables alike. It was the not-so-distant days of Barack Obama, when the US president defended fracking as a force for good, saying there wasn’t …
(Reuters) – The United States and Iran made progress in talks on Tuesday and are moving closer to a framework agreement to end the war, Axios reported on Wednesday, citing two US officials. Reporting by Kanjyik Ghosh in Barcelona;
(Reuters) – Goldman Sachs on Tuesday flagged both upside and downside risks to its average 2026 crude forecasts for Brent/WTI at $83/78 per barrel, citing growing uncertainty around Middle East developments and oil flows through the Strait of Hormuz. Reduced flows through Hormuz pose the biggest upside risk to Goldman’s price forecasts, with estimated oil …
Goldman Sachs Flags Two‑Way Risks to Their 2026 Oil Price Outlook Read More »
By Mike Dolan Global investors and the International Monetary Fund seem to agree the Iran war is likely over – bar the shouting. The energy market is less sure, and there could be an awful lot of shouting, but many asset prices have returned to square one, and markets now see the conflict’s impact only …
Back to Square One? Markets Bet Iran War is Over: Mike Dolan Read More »
Canadian oil and gas producers anticipate sharply higher profits in 2026 as prices surge due to the Iran war but will channel those earnings back to shareholders rather than invest in major new capital projects, senior executives said on Tuesday. At an annual conference in Toronto, the executives acknowledged their companies’ financial fortunes have changed …
Canada Oil and Gas Profits to Surge on Iran War, but Firms Hold off New Investment Read More »
