Brent Crude Rallies 1.2% to USD92.63 on Strait of Hormuz Mine Strikes
Brent crude rose 1.2% to USD92.63 as escalating tensions in the Strait of Hormuz, including mine strikes on two tankers and disrupted…
Brent crude rose 1.2% to USD92.63 as escalating tensions in the Strait of Hormuz, including mine strikes on two tankers and disrupted…
WTI crude oil remains under bearish pressure, capped by the 100-day SMA at $86.81 as record US production and rising inventories offset…
Asian refiners are increasingly sourcing crude from West Africa and Brazil as a 50% drop in VLCC freight rates from October highs…
NKT has completed the delivery of specialized 525 kV HVDC cable sections exceeding five kilometres in length for the SuedLink project, marking…
ASEAN members have launched a joint crude oil reserve scheme in Indonesia and Thailand to combat regional energy shortages exacerbated by the…
Brent and WTI crude prices retreated as optimism regarding peace talks and a lack of immediate escalation in the Iran conflict outweighed…
WTI crude oil falls below $85.00 as a surprise 9 million barrel inventory build and progress in Russia-Ukraine peace talks weigh on…
WTI crude oil prices fell to $85.00 per barrel as OPEC+ production rose by 2.04 million barrels per day in October, offsetting…
Sable Offshore struggles to maintain operations as California's refining sector consolidates to 11 sites, forcing the company to seek new buyers for…
Chancellor John Healey is prioritizing lower energy costs to match European levels, creating friction with Labour's net zero goals as the government…
Murphy Oil faces mounting activist pressure to abandon its Israeli offshore gas exploration licenses, mirroring the recent departures of project partners Eni…
Gulf crude exports reach 80-85% of pre-war levels while refined products stay stuck at 35-40%, as Qatar boosts LNG shipments and hedges…