The U.S. Energy Information Administration's short-term outlook for oil prices forecast a slide in prices, potentially leading to lower rig counts and more job losses.

State-run oil firm Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes and royalties drillers pay, as it could weaken the economic viability of projects in offshore post-salt fields and in its onshore business,

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives referring to it as a “price war” to the Financial Times.

South Carolina saw marginal movement in its gas prices this week as national prices held steady, matching stable oil prices.

Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" if his talks with Russian President Vladimir Putinon Ukraine fail, and on optimism that a likely U.

Rystad Energy's analysis indicates that global recoverable oil resources are stabilizing, and future oil demand may not rise steeply due to capital constraints and the energy transition, impacting CO2 emission forecasts.

“We’re only seeing a slight uptick in Georgia’s gas prices right now,” Montrae Waiters, AAA-The Auto Club Group spokeswoman, said. “With crude oil prices holding steady and summer travel tapering off, increases at the pump remain minimal as we head into the final days of the season.”