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China’s Crude Imports Set to Hit Weakest Level Since 2016
Chinese crude oil imports this month are on course to book an even weaker month than May, according ...
Hormuz Shipping Confidence Is Still Shaky
Traffic through the Strait of Hormuz has picked up over the past week but shipowners remain cautious...
How quickly should a battered Venezuela restructure its debt?
After two devastating earthquakes, the country is trying to seal a quick deal with bondholders but s...
Aker BP Gains 2.2 Million Barrels With Tiny Stake Increase
Aker BP will receive an additional 2.2 million barrels of oil equivalent after the partners in the Johan Sverdrup field completed a redetermination process that slightly increased the company’s owners ...
Weak Chinese Demand Forces Cuts to Iranian Crude Prices
Chinese buyers are being offered Iranian crude at discounts to Brent, compared to a premium in May, as demand from China’s independent producers has weakened in recent weeks amid soaring input costs t ...
The Countdown to a Major Oil Price Surge Has Begun
In the coming weeks, readers will increasingly see two rarely used phrases in stories covering our dwindling worldwide oil inventories: "operational minimum" and "tank bottoms." The phrases more or le ...
China's LNG Imports Hit Highest Point Since Iran War Began
China's state-controlled energy giants are buying and importing the highest volumes of liquefied natural gas since the war in Iran began as the world's top LNG importer prepares for peak summer demand ...
Oil Prices Spike After Iran Launches Missile Attack on Israel
Oil prices started the week higher after Iran launched ballistic missiles at Israel on Sunday night, heightening fears that U.S.-Iran peace talks might once again fall apart. At the time of writing, B ...
Post-War Oil Trade Could Look Nothing Like It Did Before Hormuz
Persian Gulf oil exporters are scrambling to reroute their crude from ports to pipelines to keep the world running and keep their oil money flowing and fueling their economies. Sanction waivers abound ...
Britain's Net Zero Policy Is Killing Its Chemical Industry
From ammonia to plastics, there can be no modern economy without a functioning chemicals industry, and Britain's is in peril, writes Sharon Todd The recent announcement of a £350m Critical Chemicals R ...
Oil Market Flying Blind as Dark Tanker Traffic Surges in Hormuz
Tanker traffic through the Strait of Hormuz has collapsed by 90% to 95% compared to pre-war levels, analysts concur. Some oil cargoes continue to trickle through the critical chokepoint, but under inc ...
Why Solar Power Is Booming Under Trump
Despite the Trump administration’s pivot away from renewable energies, solar continues to dominate new energy additions in the United States. Newly released data from the Federal Energy Regulatory Com ...
AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants
The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new co ...
Can AI Save More Energy Than It Consumes?
The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify ...
Regional Leaders Back Taliban Trade Ties While EU Holds the Line
Top level officials from Central and South Asia convened in Tashkent on June 4 to discuss regional trade and connectivity under a format known as the Termez Dialogue. Participants were unanimous in se ...