Markets

A disruption of Murban (light-sweet) and Iranian (heavy-sour) flows represents a

The US oil industry has defied expectations of a production decline despite crude prices falling below $60/b, utilizing advanced remote monitoring and engineering innovations to reach record-breaking output.

In early 2026, the artificial intelligence (AI) and machine learning (ML) market in the oil and gas sector has matured into a $2.89 B powerhouse, with projections to reach nearly $25 B by 2034.

The energy corridor of northern South America has become the most scrutinized oil and gas region on the planet.

On Feb. 16 and Feb. 19, reports detailed a critical energy crisis as Hungary and Slovakia formally requested Croatia authorize Russian crude transit via the Adriatic (Adria) pipeline.

In early Feb. 2026, Saudi Arabia initiated a series of aggressive pricing adjustments to its flagship Arab Light crude to counter global oversupply and competitive pressures from Russia.

In early 2026, the global drive to phase out crude oil has hit a significant roadblock as geopolitical tensions and economic realities force a shift from climate-centric policies to energy security.

As of Feb. 2026, the global oil market is navigating a paradoxical

The second week of Feb. 2026 saw crude oil markets gripped by a tug-of-war between escalating Middle East tensions and persistent concerns of a global supply glut.

Entering the week of Feb. 16, the crude oil market remains locked in a high-stakes