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News
Further Oil Price Spikes Could Rekindle Recession Fears
16+ hour, 49+ 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, 40+ 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....
OPEC Sees Oil Demand Growth Explode Sixfold in 2027
3+ day, 16+ hour ago (451+ words) Oil prices surge toward $100… Oil prices are closing in… OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year....
How China Became the World's First Electrostate
3+ day, 16+ hour ago (97+ words) EIA Raises 2027 U.S. Oil Output Forecast Oil flows through Hormuz have… It is still too early… The Trump administration is eyeing… Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year Haley Zaremba is an energy journalist and researcher…...
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…...
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
3+ day, 22+ hour ago (1667+ words) IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply Oil flows through Hormuz have… Bank of England Governor Andrew… Outside Pecos, Texas, Chevron is getting ready to build a power plant to solve a…...
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
4+ day, 3+ hour ago (451+ words) The daily benchmark measuring the… The Trump administration is eyeing… Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and…...
The Commodity Bull Market Just Entered a Dangerous New Phase
4+ day, 15+ hour ago (457+ words) U.S. Crude Stocks Edge Lower as Oil Tops $100 China’s renewed crude buying is… The United States has sanctioned… Oil flows through Hormuz have… Readers are familiar by now with the broad-based commodity rally, with energy, agricultural products and metals moving sharply…...
Belarus Refineries Post Decade-High Profits Amid Russia's Fuel Crisis
4+ day, 19+ hour ago (206+ words) Major legal risks remain, as… Belarus's Naftan and Mozyr refineries process the added volume on a tolling basis, converting Russian crude for the Russian market, Charter'97 reported, citing Reuters. Combined capacity across the two plants runs about 24 million tons a…...