Offstream
news

Oil prices, including Brent Crude and West Texas Intermediate, increase to over US$101 per barrel and to nearly $93 per barrel, respectively, after the escalation in the Red Sea. The United States gasoline national average increases to $4.09 per gallon.
2026-07-23

The nationwide gas prices in the United States exceeds US$4 per gallon, the highest since June 17.
2026-07-20

U.S. crude oil prices fall 2.7% to about $74 per barrel for the first time since early March after treasury secretary Scott Bessent announced a 60-day waiver of sanctions on the purchase of Iranian oil.
2026-06-22

The American Automobile Association reports that gas prices in the United States are at $3.999 per gallon, making it the first time gas prices have gone below $4 since March 30 after rising amidst the Iran war.
2026-06-18

Oil prices increase by nearly 8% on the announcement of the peace talks ending, with West Texas Intermediate rising to US$94.20 per barrel and Brent Crude to US$97.23 per barrel.
2026-06-1

Oil prices rise amid fears of a prolonged war and the draining of world oil reserves, including West Texas Intermediate to US$102.76 per barrel and Brent Crude to US$112.89 per barrel.
2026-05-18

Oil prices, including Brent Crude and West Texas Intermediate, drop to less than US$90 per barrel, and the Dow Jones Industrial Average increases by over 1,000 points, following Iran's announcement of the reopening of the Strait of Hormuz.
2026-04-17

Norway records its highest-ever crude oil export value in March, reaching 57.4 billion kroner (US$6.08 billion) for 56.6 million barrels, contributing to a trade surplus of 97.5 billion kroner ($10.3 billion) amid a global fuel crisis.
2026-04-15

The International Energy Agency agrees to discharge 400 million barrels of oil from its members’ strategic reserves, its largest-ever release, to counter soaring global energy prices due to the war. Despite the measure, the price of the crude barrel rises above US$100 again in international markets.
2026-03-11