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News
Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumbles
11+ hour, 6+ min ago (301+ words) White House Weighs Defense Production Act as U.S. Refineries Maxed Out A new Oak Ridge and… Chevron, Microsoft and a wave… Bank of England Governor Andrew… Oil prices initially jumped by over 3% in early Asian trade on Monday as fears of…...
Further Oil Price Spikes Could Rekindle Recession Fears
16+ hour, 48+ min ago (917+ words) White House Weighs Defense Production Act as U.S. Refineries Maxed Out Surging oil and fuel prices have revived inflation and recession fears, with Brent and WTI above $100 and U.S. diesel hitting a record $6 per gallon. This week's oil price surge sharply raised…...
StanChart Warns Oil Is Now Built for Sharper, More Frequent Spikes
14+ hour, 39+ min ago (232+ words) White House Weighs Defense Production Act as U.S. Refineries Maxed Out Surging oil and fuel prices… Attacks on energy facilities in… Oil prices are closing in… Related: Drone Strikes Hit Saudi Arabia’s Vital East-West Oil Pipeline Meanwhile, the 42nd annual APPEC (Asia…...
Oil Industry Braces for Years-Long Iran War
1+ day, 14+ hour ago (244+ words) White House Weighs Defense Production Act as U.S. Refineries Maxed Out Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no hope of a quick resolution....
Shell Sells U.S. Gas Plant for $715 Million in Power Portfolio Shake-Up
3+ day, 11+ hour ago (407+ words) OPEC Sees Oil Demand Growth Explode Sixfold in 2027 Attacks on energy facilities in… Escalating conflict in the Middle… Shell is reshuffling its U.S. power generation portfolio, agreeing to sell its interests in a 609-megawatt New England natural gas power plant…...
AI Boom to Boost Southeast Asia???s LNG Demand
3+ day, 13+ hour ago (932+ words) OPEC Sees Oil Demand Growth Explode Sixfold in 2027 Norway started Troll Phase 3… Europe is losing the battle… Cyprus’s untapped reserves offer a… Demand for liquefied natural gas (LNG) in Southeast Asia has found a new major driver apart from the…...
Higher Oil Prices Let Mexico Pull Back Billions in Pemex Support
3+ day, 15+ hour ago (261+ words) OPEC Sees Oil Demand Growth Explode Sixfold in 2027 Chevron, Microsoft and a wave… Clean energy accounted for just… Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down…...
Copper Stocks Sink as White House Tariff Uncertainty Spooks Traders
3+ day, 17+ hour ago (330+ words) EIA Raises 2027 U.S. Oil Output Forecast A structural supply deficit is… Copper prices hit record highs… Copper futures in London reached… Copper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff…...
Senegal to Offer 109 Oil and Gas Blocks to Investors
3+ day, 22+ hour ago (418+ words) Green bond issuance is reaching… China’s renewed crude buying is… Senegal will offer to local and foreign investors as many as 109 oil and gas blocks, Energy and Petroleum Minister, El Hadji Abdourahmane Diouf, has said. Only four out of the…...
Russia Strikes Moldova Border as Ukraine Hits Black Sea Port
3+ day, 23+ hour ago (573+ words) IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply A Russian drone attack targeted a border crossing between Ukraine and Moldova, killing two people and injuring three others, while Russian drones also struck in…...