Rigzone · June 11, 2026 (3h ago) · 1 min read

USA Commercial Crude Oil Stocks Down Over 7MM Barrels WoW

Crude oil stocks, not including the SPR, stood at 426.5 million barrels on June 5, the EIA's latest weekly petroleum status report showed.

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India Secures Crude Supply Through August with Higher UAE Imports

Indian refiners have secured crude supply at least through August as they boost purchases from the United Arab Emirates (UAE), Africa, and Brazil, trade sources told Reuters on Thursday. India's state-run refiners have been lifting growing volumes of both crude and liquefied petroleum gas (LPG), the

OilPrice · June 11, 2026

Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses

Oil prices could hit $150 per barrel if hostilities between the United States and Iran escalate further from the current, most testing period in the ceasefire, according to intelligence firm Rystad Energy. Renewed hostilities would further deepen the supply shut-ins in the Middle East as the war ris

OilPrice · June 11, 2026

Oil prices rise as US-Iran tensions intensify amid Hormuz closure

Offshore Technology · June 11, 2026

Rystad Warns Oil May Climb Towards $150

Rigzone · June 11, 2026

Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis

Offshore Energy · June 11, 2026

Japan Taps Reserves and New Suppliers to Beat the Oil Blockade

OilPrice · June 11, 2026

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