Oil prices surge amid renewed US, Iran and Israel military action
Expectations of a US-Iran ceasefire extension have faded, after last week’s hopes lowered global oil prices.
01 June 2026
01 June 2026
Expectations of a US-Iran ceasefire extension have faded, after last week’s hopes lowered global oil prices.
Rising industrial demand propels caustic soda capacity additions in the country.
Devon Energy received the offer shortly after completing its $58bn all-stock merger with Coterra Energy last month.
SLB aims to boost its digital oilfield portfolio with new reservoir management software supporting faster, data-driven operational decisions.
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