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'There has been no meaningful progress on either side', the President of Transversal Consulting told Rigzone.

BMI revealed its latest Henry Hub front month natural gas price forecasts out to 2028.

The two projects have a combined total capacity of 110 MW, providing a valuable source of energy security for the Texas grid once operational.

The U.S. Energy Information Administration raised its West Texas Intermediate oil price forecast for 2024 and 2025.

Australia's liquefied natural gas (LNG) exports will drop this year, continuing a trend from last year after reaching a record high in 2022.

Oil fluctuated in a narrow range as risk-off sentiment prevailed in broader markets and traders monitored Israel's response to an unprecedented attack by Iran.

The legislation was approved by a 383-11 vote.

North America added rigs week on week, according to Baker Hughes' latest rotary rig count.

'An already bad situation in the Red Sea and Gulf of Aden has just got worse,' Xeneta Chief Analyst Peter Sand said.

'The market had been bracing for this scenario', analysts at FGE said.