Fri.Jun 20, 2025

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How High Will Oil Prices Go on a Middle East Supply Disruption?

OilPrice

Crude oil prices could rise by between 15% and 20% from pre-war levels in case of disruption of 1.1 million barrels daily in production, Citi analysts have said, putting Brent crude’s wartime price at between $75 and $78 per barrel.

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Citi examines oil supply disruptions and crude prices as Israel-Iran air war rages

Oil & Gas 360º

(Investing) – Fears over possible supply constraints from the Israel-Iran conflict have driven oil prices higher in recent days, although past disruptions do not suggest that crude will stay elevated for a long time, according to analysts at Citigroup (NYSE: C ). per barrel. per barrel. markets closed. markets closed.

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Oil Prices Surge as Israel-Iran Conflict Rattles Markets

OilPrice

Crude oil prices climbed sharply last week as the conflict between Israel and Iran worsened, raising fears that global oil supplies could be affected. The situation quickly became one of the most closely watched issues in the oil market, pushing prices to their highest levels since January.

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MDN’s Energy Stories of Interest: Fri, Jun 20, 2025 [FREE ACCESS]

Marcellus Drilling News

REGIONS: In search of the New York Climate Act safety valve; NATIONAL: Methane-powered sea spiders found crawling on the ocean floor; USGS touts potential oil and gas resources beneath public lands; INTERNATIONAL: Middle East tensions keep oil volatile; Crude spike from.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5

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TotalEnergies, QatarEnergy Win Exploration License in Algeria

Rigzone

Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law. percent) and the Ourhoud and El Merk oil fields in the Berkine basin located in Blocks 404a and 208 (12.25 MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22

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