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Traders Place Large $950 Million Bet on Oil Price Falling Hours Ahead of Ceasefire

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil, US News / By

By Amanda Cooper, Alex Lawler and Ahmad Ghaddar Investors sold 8,600 oil futures lots before US-Iran ceasefire, LSEG data shows Large single trades are rare, typically spread across exchanges to avoid price impact Oil trading volumes and volatility have surged since the war, hitting ​record highs LONDON, April 8 (Reuters) – Investors placed an approximately …

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US Crude Output to Fall Next Decade on Sub-$70 Brent Price Forecast, EIA Says

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

(Reuters) – U.S. crude production is expected to decline through the mid-2030s, with global crude futures trading below $70 per barrel through 2030, the U.S. Energy Information Administration said in its Annual Energy Outlook on Wednesday. The U.S. is expected to produce between 12.4 million and 12.7 million barrels per day of crude by 2050, …

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As Trump Claims Victory, Iran Emerges Bruised But Powerful With Leverage Over Hormuz

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(Reuters) – Nearly six weeks of war in Iran have ended, for now, with President Donald Trump claiming victory, but the U.S.-Iran ceasefire locks in a harsh reality: an entrenched, radical government with control over the Strait of Hormuz and a powerful lever over global energy markets and Gulf rivals, analysts say. The shockwaves have …

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Gulf’s ‘Worst-Case Scenario’?

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – When the history books of the Iran war are written, Tuesday night into Wednesday morning may well rank among the most anxious hours for the modern Gulf. After U.S. President Donald Trump warned Iranians that “a whole civilization will die tonight”, residents from Kuwait to Abu Dhabi, whether lying sleepless or jolted awake, …

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What the US, Iran, Israel and Pakistan Have Said About the Ceasefire

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(Reuters) – The United States, Israel and Iran have agreed to a two-week ceasefire, reached with Pakistani mediation, and U.S. and Iranian officials are expected to hold talks on Friday to discuss a long-term settlement. While Tehran and Washington have agreed to talks, Iran’s 10-point proposals – which U.S. President Donald Trump said offered a …

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Global Imbalances are Back, and There’s No Fix in Sight: McGeever

CDN and International News, Energy Commentary, Energy Topics & Technology, Latest / By

(Reuters) – Remember global imbalances? They’re back. In a fractured world increasingly marked by self-interest and protectionism, the prospects for a coordinated response among the major economic powers to fix them and avert a crisis look remote. The U.S. current account deficit – and the corresponding surpluses of China, oil producers, the euro zone, and …

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Baker Hughes Secures Strategic Gas Technology Order Supporting Argentina’s Gas Infrastructure

Latest, Press Releases / By

Baker Hughes to supply three NovaLT™16 gas turbines with three centrifugal compressors and related services for a pipeline project to support Argentina’s LNG exports These gas compression units mark the first use of Baker Hughes’ NovaLT™ gas turbine technology in South America, reflecting growing demand for high-efficiency, lower-emissions turbomachinery HOUSTON and LONDON, April 07, 2026 …

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Condor’s K-46 Horizontal Well Flows at Up to 18.3 MMscf Per Day

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CALGARY, Alberta, April 08, 2026 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based, internationally focused energy transition company with active Central Asian operations is pleased to provide an operational update on its Uzbekistan project. The Kumli-46 horizontal well (“K-46”) was drilled to a total depth of 3,150 meters …

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Comstock Resources, Inc. Announces First Quarter 2026 Earnings Date and Conference Call Information

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FRISCO, TX, April 08, 2026 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) plans to release its first quarter 2026 results on May 5, 2026 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 6, 2026 to discuss the first quarter results. Parties interested in participating in the conference call telephonically …

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