Brent crude oil drops to three-month low of $81.73
Brent Crude futures fell 1.7% to a three-month low of $81.73 a barrel on Tuesday.
This decline extended a 5% drop from Monday triggered by news of a preliminary peace agreement.
Brent Crude futures fell 1.7% to a three-month low of $81.73 a barrel on Tuesday.
This decline extended a 5% drop from Monday triggered by news of a preliminary peace agreement.
Ecopetrol (NYSE:EC) executed a final six-year collective bargaining agreement with the Oil Workers Union (USO) to establish structured labor frameworks through the end of the decade.
VAALCO Energy (NYSE:EGY) executed successful drilling completions across its international asset portfolio, bringing new development wells online in offshore Gabon and onshore Egypt.
Shell (NYSE:SHEL) confirmed the euro and pound sterling equivalents for its first quarter 2026 interim dividend of US$0.3906 per ordinary share, originally announced on May 7, 2026.
Oil prices fell more than 2% on Friday, extending a downswing from the previous session after U.S. President Donald Trump canceled plans for targeted military strikes against Iran.
APA Corporation (NASDAQ:APA) announced an agreement to acquire Savant Alaska for approximately $70 million in upfront cash, moving to lock down strategic midstream and field infrastructure on Alaska's eastern North Slope.
Perma-Pipe International Holdings (NASDAQ:PPIH) reported an expansion in top-line revenue for the first quarter of fiscal year 2026, driven by sustained industrial demand across its primary geographic footprints, though near-term factory start-up friction and heightened regulatory compliance outlays compressed bottom-line margins.
Global oil markets faced heightened volatility on Monday as investors reacted to an escalation in regional conflict.
StealthGas (NASDAQ:GASS) reported a solid start to the 2026 fiscal year, with first-quarter net income reaching $15.9 million, up from $14.1 million during the same period a year earlier.
Global oil prices showed stability on Friday as market participants parsed conflicting signals from the Middle East.
Crude oil prices extended gains on Wednesday, rising approximately 2% as market participants reacted to a significant escalation in Middle East hostilities and a breakdown in diplomatic communication between Tehran and Washington.
BW LPG (NYSE:BWLP) announced that it has completed the sale of its entire 8.50% equity stake in Confidence Petroleum India, marking the shipping firm's full exit as a shareholder in the Indian downstream LPG provider.