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Oil prices retreated after a five-session rebound as concerns about the geopolitical situation in the Middle East abated to some extent, Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group, said.
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OEUK describes itself on its website as the leading trade association for the UK offshore energy industry and a not for profit membership organization with a history stretching back five decades.
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Oil prices reversed sharply after Trump suggested Iran's crackdown may be easing, reducing fears of immediate US military action.
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Texas upstream employment and job postings declined in the fourth quarter of 2025, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.
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Trump's warnings and protests in Iran pushed crude to multi-month highs.
