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Crude Oil News

ConocoPhillips Considers Selling Permian Assets Worth $2 Billion: Implications for Investors and the Permian Basin’s Future

February 21, 2026 Clark Savage

In a move that underscores the ongoing consolidation and optimization in the U.S. oil industry, ConocoPhillips (COP) is reportedly exploring the sale of certain assets in the Permian Basin valued at approximately $2 billion. This […]

Oil Options on Longest Bullish Run Since 2024 as Iran Risk Looms
Crude Oil News

Oil Options on Longest Bullish Run Since 2024 as Iran Risk Looms

January 28, 2026 Clark Savage

In the volatile world of energy markets, oil traders are increasingly betting on upward price movements, driven by escalating geopolitical tensions in the Middle East. The global Brent benchmark has shown a call skew—a premium […]

Crude Oil News

US Rig Count Up Amid Continued Glut Warnings

December 12, 2025 Clark Savage

The US oil and gas sector is showing signs of resilience with a recent uptick in drilling activity, even as analysts sound alarms over an impending global oil surplus. According to the latest Baker Hughes […]

Diesel

Refining Margins Climb as Global Oil Product Markets are Squeezed

November 20, 2025 Clark Savage

In the dynamic world of energy markets, refining margins—the profit earned by converting crude oil into usable products like gasoline, diesel, and jet fuel—have surged to multi-year highs in November 2025. This climb is driven […]

Big Oil Companies

The Trump Administration Opens Massive Oil and Gas Lease Expansion: Who Are the Players?

August 20, 2025 Clark Savage

In a bold move to revitalize American energy production, the Trump administration has unveiled a sweeping offshore oil and gas leasing schedule through the Department of the Interior (DOI). Announced on August 19, 2025, this […]

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