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Tankers continue to burn in the Middle East despite hopes for de-escalation

There is little sign of attacks abating in November, after 37 ships were attacked in October, the highest monthly total since the start of the war.

Nov 11, 2026 · Staff
Originally on Wedgetail
News
Middle East Oil Flows Far from Normal Despite Signs of Oversupply

Crude oil flows through the Strait of Hormuz and the whole Middle Eastern region have recovered to close to pre-war levels, vessel-tracking services h...

Nov 11, 2026 · Staff
Originally on Wedgetail
News
South Sudan Courts Oil Investors as Sudan’s Warring Forces Take Their Share

South Sudan is courting fresh capital for 14 exploration blocks and a production increase from roughly 170,000 barrels per day to 230,000, which inves...

Nov 11, 2026 · Staff
Originally on Wedgetail
News
Fire contained on platform in Iran’s South Pars gas field

Officials are considering a gas leak or an operational mishap as possible causes of the fire, Fars news agency said.

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Petrobras Earnings Disappoint Despite Oil, Refining Tailwinds

Brazil’s state-controlled oil producer earnings missed estimates in the third-quarter despite record oil and gas production and a favorable backdrop o...

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Latest Oil Market News and Analysis for Nov. 11

Oil edged higher after a two-day decline, as traders weighed the outlook for an end to the US-Iran war.

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Midterm Results Could Trip Trump’s Energy Independence Plans

The Democratic Party’s decisive victory in the U.S. midterm elections has been widely called bad news for Trump policies, but now, it could interfere ...

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Half of Australia's windfarm pipeline is in slowest-building state

Queensland holds half of Australia's proposed onshore wind capacity, but policy and community challenges are making it the slowest state to build the ...

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Fire breaks out on platform in Iran’s South Pars field

Fire breaks out on platform in Iran’s South Pars field A fire has broken out on a platform in Iran’s South Pars gas field, but the situation is fully ...

Nov 10, 2026 · Staff
Originally on Wedgetail
News
ExxonMobil CEO to Miss UN Climate Talks After Three Years

The chief executive of ExxonMobil Holdings Corp. is ending his streak of attending United Nations climate conferences.

Nov 10, 2026 · Staff
Originally on Wedgetail
News
Venezuela Passes Power Law to Spur Investment in Ailing Grid

Venezuelan lawmakers approved a bill designed to attract private investment to the nation’s blackout-prone power grid.

Nov 10, 2026 · Staff
Originally on Wedgetail
News
A ‘Geologic Freak’ in Arkansas Is Big Oil’s New Lithium Bet

The world is electrifying at an unprecedented pace, and it’s only going to keep speeding up. COP 31, the latest iteration of the United Nations’ annua...

Nov 10, 2026 · Staff
Originally on Wedgetail