Fed's Logan Warns US Can't Plug Global Oil Supply Gap, Pressuring Prices Higher
Fed's Logan says U.S. oil production won't fill the global supply gap, reinforcing bullish crude price outlook amid tightening fundamentals.
Fed's Logan says U.S. oil production won't fill the global supply gap, reinforcing bullish crude price outlook amid tightening fundamentals.
US natural gas futures fell in thin, pre-holiday trading as options expiration triggered position squaring, highlighting short-term technical pressure in energy markets.
Two additional oil supertankers exiting the Strait of Hormuz boosted crude flows, signaling ample supply and easing geopolitical risk premiums in oil…
Oil prices dropped on growing optimism over an Iran nuclear deal, raising the specter of increased OPEC supply that could deepen a…
European stocks rallied and oil prices tumbled amid growing hopes for a revived Iran nuclear deal, signaling a potential easing of geopolitical…
European stocks advanced as a US Iran oil waiver report fuelled hopes for lower energy costs and eased supply disruption fears.
Chinese data centers gain access to spot power trading, creating new electricity procurement options and cost-saving opportunities for major operators like GDS…
The collapse of US-Iran negotiations to reopen the Strait of Hormuz—exacerbated by President Trump’s unsuccessful China trip—has deepened a global oil supply…
Global oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, UBS analysts warn,…
US refiners are set to boost fuel production through year-end, driving crude demand and potentially lifting oil prices.
Russian oil hits highest since 2023, boosting Kremlin revenue and underscoring the resilience of energy markets amid geopolitical tensions.
A Japanese crude tanker's rare Hormuz transit highlights supply chain jitters for oil benchmarks as traders monitor the key waterway for potential…