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China’s growing debt burden limits space for economic stimulus
Mounting interest payments restrict headroom to revive domestic demand, say experts...
US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
Qatar's LNG Recovery Picks Up Speed as Tankers Mass at Ras Laffan
As many as eight empty LNG carriers have arrived at the Ras Laffan hub in Qatar and are set to load on superchilled gas in the coming days, Bloomberg has reported. Another LNG carrier is approaching Q ...
The $7 Trillion AI Boom Is Running Out of Power
Forget the chips. Forget the code. The most expensive, in-demand commodity in the entire $3-trillion AI revolution is not a patented algorithm or a new Nvidia GPU. It's power. Specifically, a secure, ...
Asia's Crude Buying Spree Is Running Out of Steam
Asian refiners have reduced their spot purchases of Middle East crude for loading this month and next, following three weeks in which they had purchased millions of barrels of UAE, Saudi, and Iraqi cr ...
Gas Prices Are Falling. Your July 4 Fill-Up Still Won't Feel Cheap.
The good news is that gasoline prices have been falling for six straight weeks. The bad news? Americans are still heading into one of the most expensive Independence Day weekends they've ever seen. Ga ...
Major Saudi Oil Terminal Roars Back to Life as Gulf Supply Recovery Accelerates
Saudi Arabia's biggest oil export terminal is finally stirring back to life, and that's a much bigger deal than another headline about the Strait of Hormuz reopening. After sitting largely idle since ...
AI Boom Forces Tennessee to Plan Massive Natural Gas Expansion
The Tennessee Valley Authority released its preliminary 2026 integrated resource plan on Monday, saying load growth in its footprint is already outpacing the reference case forecast in its draft IRP, ...
UK Energy Secretary Vetoed Plan to Boost Oil Output for Defense Funds
UK Energy Secretary Ed Miliband has vetoed a plan by the Treasury to boost North Sea oil and gas drilling in order to fund part of Britain’s increased defense funding needs, The Telegraph reported on ...
AI Data Center Boom Could Drive Fuel Cell Market to $30 Billion by 2030
Data center developers are scrambling for reliable power, turning away from congested grids and toward on-site fuel cells. Rystad Energy research and analysis projects a tenfold increase in fuel cell ...
Middle East Fuel Oil Exports Set to Hit Four-Month High
Fuel oil exports from the Middle East are expected to rebound to a four-month high this month as tanker traffic through the Strait of Hormuz picks up and key fuel oil producers Iraq, Saudi Arabia, and ...
Russia Faces Growing Fuel Crunch as Ukrainian Strikes Knock Out Refineries
Russia is facing its worst nationwide fuel shortages in years, with at least 17 regions imposing mandatory restrictions on gasoline and diesel sales, and dozens of others reporting shortages or restri ...
ADNOC Brings BP, TotalEnergies Into Abu Dhabi’s Biggest Gas Cap Project
The national oil company of the United Arab Emirates, ADNOC, has signed agreements with BP and TotalEnergies to let the European oil and gas supermajors take 10% each in the consortium developing one ...
$70 Oil Could Put India Back on Track for 7% Economic Growth
India’s economy could return to the trajectory to grow by 7% and even more in the fiscal year through March 2027 if oil prices remain close to the current $70 per barrel, according to a senior officia ...