Oil prices resume gains after Iran accuses U.S. of breaching ceasefire deal
Oil markets rose after Iran accused the United States of violating elements of a two-week ceasefire agreement.
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
Oil, gas prices fall on U.S.-Iran ceasefire, but Hormuz flows remain uncertain
Oil and gas prices dropped sharply after a U.S.-Iran ceasefire deal, but the market remains on edge as Strait of
BLM lease sales raise nearly $600 million in first-quarter 2026
U.S. Bureau of Land Management (BLM) oil and gas lease sales generated $592.7 million in total receipts during the first
Santos reports Alaska appraisal success as Quokka-1 confirms Nanushuk potential
Santos reported strong results from its Quokka-1 appraisal well on Alaska’s North Slope, confirming high-quality Nanushuk reservoir performance with flow
China’s LNG Demand Won’t Bounce Back
Hopes for a strong rebound in China’s demand for liquefied natural gas are fading, despite the ceasefire called in the
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Domestic and international demand drive natural gas production growth
In our Annual Energy Outlook 2026 (AEO2026), we project U.S. dry natural gas production, which accounted for 38% of total
Oil Plunges on Ceasefire Deal
Oil prices plunged after a US-Iran ceasefire eased fears of prolonged supply disruption.
Gas prices should soon start slowly easing if ceasefire holds, analysts say
With oil prices plunging after the U.S. and Iran agreed to a two-week ceasefire, gas prices at the pump might
How to save money on flights as airlines raise prices
Airlines are raising fares, adding fuel surcharges and increasing fees to check bags. Budget conscious travelers are wondering where to
U.S. oilfield services employment rises in March, signaling modest rebound
U.S. oilfield services employment rose to 627,018 jobs in March, gaining 1,877 positions month over month, as energy service companies
ONE-Dyas boosts North Sea gas output to 1 Bcm/year with second N05-A well
ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to
First ships pass Strait of Hormuz since Trump-Iran ceasefire, but traffic remains low amid confusion
Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the
Exxon Lost 6 Pct of Its Global Output
Exxon lost six percent of its global production in the first quarter as the Iran war paralyzed oil and natural
Ceasefire deal to reopen Strait of Hormuz eases global energy crisis fears
A U.S.-Iran ceasefire agreement is set to reopen the Strait of Hormuz, easing supply concerns and triggering sharp declines in
Exxon output drops 6% as Middle East war disrupts Gulf operations
ExxonMobil reported a 6% drop in global production in the first quarter as Middle East conflict disrupted Gulf operations, including
Commonwealth LNG Finalizes Offtake Agreements
Owners Kimmeridge and Mubadala expect to make a final investment decision ‘in the coming weeks’.
EIA Fuel Update Shows Rising Price Trend
The EIA’s latest gasoline fuel update showed a rising price trend for U.S. regular gasoline.
New Circuit Activated for UK’s Biggest Hydropower Station
National Grid has energized the second of three new high-voltage circuits linking the 1,800-megawatt Dinorwig station with the transmission network
Sunda Energy, Finder to collaborate on semisub rig procurement offshore Timor-Leste
SundaGas signed a letter of intent with Finderto jointly secure a drilling rig for separate drilling campaigns offshore Timor-Leste. SundaGas
Reach Oil and Gas to spud Crossroads well in Oklahoma
Reach Oil and Gas is set to spud the Crossroads well in Southern Oklahoma on or around 16 April 2026.