BRENT$84.72+1.23
WTI$81.15+0.89
HENRY HUB$2.64-0.07
OPEC BASKET$85.30+0.96
TTF GAS€35.80+0.45
BRENT$84.72+1.23
WTI$81.15+0.89
HENRY HUB$2.64-0.07
OPEC BASKET$85.30+0.96
TTF GAS€35.80+0.45
Upstream

From disposal to resource recovery: how drilling waste management is being redefined

Drilling waste management has moved beyond skips and disposal, but the greatest gains still begin inside the active mud system.

Jul 30, 2026 1 min read
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Upstream

Hormuz Traffic Shows Defiance

Shipping across the crucial Strait of Hormuz has picked up in recent days despite a continuation of hostilities in the Middle East, with the U.S. claiming its navy escorted some tankers across the waterway.

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Upstream

Woodside’s Q2 2026 operating revenue jumps 28% to $4.2bn

Woodside Energy has reported an operating revenue of $4.18bn in the second quarter of 2026 (Q2 2026), marking a 28% increase from $3.27bn in Q2 2025.

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LNG

Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge

Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst expectations. Shell on…

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LNG

Qatar Sends First LNG Cargo Through Hormuz Since Tanker Attack

QatarEnergy has successfully sent an LNG cargo via the Strait of Hormuz, three weeks after one of its LNG carriers was struck in the waterway, Bloomberg has reported, noting that the vessel had idled in the strait since…

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Downstream

Japan Buys Rare Canadian Oil Cargo

Japan’s biggest refiner, Eneos, has bought a rare cargo of Canadian crude as the country seeks to diversify away from Middle Eastern crude. This is the first Canadian oil shipment bought by a Japanese company since…

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Markets

Oil Prices Slip Despite New Attacks Across the Middle East

Crude oil prices ticked lower today on reports that oil tankers were still passing through the Bab el-Mandeb Strait, despite information about renewed strikes between the U.S. and Iran, and a drone attack on a tanker in…

Commodity Prices

Updated: Jul 30, 2026 · 09:24 UTC
Brent Crude
$84.72
++1.23 (1.47%)
WTI Crude
$81.15
++0.89 (1.11%)
Henry Hub
$2.64
-0.07 (2.58%)
OPEC Basket
$85.30
++0.96 (1.14%)
EU Nat. Gas
€35.80
++0.45 (1.27%)
07
Aramco Mulls New Oil Pricing for Asia
Markets · Jul 29, 2026 · 1 min read
08
Oil Surges as Tensions Erupt
Markets · Jul 29, 2026 · 1 min read

Upstream

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Upstream

From disposal to resource recovery: how drilling waste management is being redefined

Drilling waste management has moved beyond skips and disposal, but the greatest gains still begin inside the active mud system.

🛢️
Upstream

Hormuz Traffic Shows Defiance

Shipping across the crucial Strait of Hormuz has picked up in recent days despite a continuation of hostilities in the Middle East, with the U.S. claiming its navy escorted some tankers across the waterway.

🛢️
Upstream

Woodside’s Q2 2026 operating revenue jumps 28% to $4.2bn

Woodside Energy has reported an operating revenue of $4.18bn in the second quarter of 2026 (Q2 2026), marking a 28% increase from $3.27bn in Q2 2025.

🛢️
Upstream

Saudi State Oil Shipper Posts Record Profit on Higher Freight Rates

Bahri registered 'higher freight rates and increased vessel chartering activity to meet growing customer demand'.

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Upstream

Saipem Bags Over $3B Worth of Eni Deals in July

Saipem has announced, in statements posted on its website, more than $3 billion worth of contract awards by Eni this month alone.

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Upstream

Trump Says USA Will Strike Iran Hard

President Donald Trump said the U.S. would hit Iran hard after a recent attack that targeted a military base in Jordan.

Downstream

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Downstream

Japan Buys Rare Canadian Oil Cargo

Japan’s biggest refiner, Eneos, has bought a rare cargo of Canadian crude as the country seeks to diversify away from Middle Eastern crude. This is the first Canadian oil shipment bought by a Japanese company since…

🏭
Downstream

U.S. Backs Madagascar’s Rare Earths Project

The Trump administration has opened another front in the global rare earths race, backing a new project in Madagascar as Washington accelerates efforts to break China’s grip on the critical minerals that power…

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Downstream

Trump Administration Picks Five States for Nuclear Fuel-Cycle Hubs

The U.S. Department of Energy has picked five states led by Republican governors to potentially host nuclear fuel waste in exchange for billions of dollars of support to advance manufacturing in the full nuclear fuel…

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Downstream

Middle East Turmoil and the AI Boom Fuel Windfall for Mining Giants

Rio Tinto and Glencore have posted near-record updates thanks to this year’s sky-high commodity prices and the uncertainty wrought by the Middle East conflict. Mining juggernaut Rio Tinto notched a 43 per cent jump in…

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Downstream

Indian Oil Eyes Stakes In Gas Carriers To Cut U.S. LPG Freight Costs

Indian Oil Corp. is seeking 50% ownership stakes in very large gas carriers, a first for an Indian refiner, as the company prepares to transport higher volumes of U.S. liquefied petroleum gas under India’s plan to…

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Downstream

U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz

A consortium of U.S. and Saudi companies is set to build a new refinery in the Persian Gulf despite the current situation in the region. The facility will have a price tag of $5 billion and a capacity of 200,000 barrels…

Lng

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LNG

Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge

Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst expectations. Shell on…

🌊
LNG

Qatar Sends First LNG Cargo Through Hormuz Since Tanker Attack

QatarEnergy has successfully sent an LNG cargo via the Strait of Hormuz, three weeks after one of its LNG carriers was struck in the waterway, Bloomberg has reported, noting that the vessel had idled in the strait since…

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LNG

Low Gas Storage and Diesel Shortages Threaten Europe’s Winter Supply

Tightening global supply of oil and gas is putting Europe on course for a difficult winter this year due to the continent’s significant dependence on energy imports, despite energy transition ambitions. Gas in storage…

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LNG

FERC clears Cheniere to introduce gas into Corpus Christi LNG Train 7

Cheniere Energy has received approval from the US Federal Energy Regulatory Commission (FERC) to begin introducing natural gas into Train 7 at its Corpus Christi LNG export facility located in south Texas, reported…

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LNG

UAE LNG Exports via Gulf Press On

Abu Dhabi National Oil Co is pushing on with liquefied natural gas exports from its Persian Gulf plant, even as renewed hostilities in the region force producers to curb visible traffic through the Strait of Hormuz.

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LNG

ADNOC Defies Hormuz Risks as UAE LNG Exports Continue

The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg report, an ADNOC LNG tanker appeared in the Persian Gulf earlier today, successfully…