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Oil falls on US-Iran deal optimism after Trump announces pause on 'Project Freedom'
- Suspension of 'Project Freedom' eases tensions, while sharp drop in US crude inventories limits price declines
06.05.2026
Oil
Norway offers oil, gas exploration areas closer to coast than 'ever before' amid high energy prices
- Prime Minister announces 70 new blocks for exploration, describing move as part of efforts to further develop country's petroleum sector
05.05.2026
Oil
Oil prices ease after rally, tensions keep market above $100
- Geopolitical tensions continue to underpin prices after US President warned Iran would be 'blown off the face of the Earth' if it targeted American vessels
05.05.2026
Oil
Oil prices up as US escort plan, Iran threats fuel Strait of Hormuz concerns
- US plans to support vessels stranded in Strait of Hormuz under 'Project Freedom' while Iran warns US forces could be targeted
05.05.2026
Oil
Seven OPEC+ nations to increase oil output by 188,000 bpd in June
- Seven country group is scheduled to meet again on June 7
05.05.2026
Oil