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The Saudi Foreign Ministry condemned Iran's attack on Bahrain, deeming it a violation of international law.

2026-06-27

The Saudi Foreign Ministry condemned Iran's attack on Bahrain, deeming it a violation of international law.

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2026-06-27

Baker Hughes said the U.S. rig count rose by 10 in the week to June 26, the largest weekly increase since June 2022, bringing the total to 573 — the highest since May 2025. The gain, an early indicator of future output, leaves the rig count up 26 rig

Baker Hughes said the U.S. rig count rose by 10 in the week to June 26, the largest weekly increase since June 2022, bringing the total to 573 — the highest since May 2025. The gain, an early indicator of future output, leaves the rig count up 26 rigs year‑on‑year (+5%). Oil rigs added seven to 440, the highest since June 2025; gas rigs rose three to 125; other rigs held at eight.
2026-06-27

About 1,000 Norwegian oil-service workers began a walkout early Saturday after employers implemented previously warned escalation measures. The stoppage, in response to an ongoing Safe union strike by several hundred members, is expected to disrupt d

About 1,000 Norwegian oil-service workers began a walkout early Saturday after employers implemented previously warned escalation measures. The stoppage, in response to an ongoing Safe union strike by several hundred members, is expected to disrupt drilling on the Norwegian continental shelf and affect some production. Companies cited as impacted include Schlumberger, Halliburton, Subsea 7, DOF Subsea, Weatherford, DeepOcean and Baker Hughes.
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