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BREAKING주요 뉴스
Markets hold cautiously despite Iran's hardline talk
Asia market update: Markets hold cautiously despite Iran hardline talk; RBA rates tomorrow; CN soft ...
Oil Prices Rise as Iran Hardens Hormuz Demands
Crude oil prices began this week with a gain following a statement by Iran setting six demands for a...
BlackRock-Backed Atlas Renewable Freezes $1 Billion in Brazil Solar Projects
High curtailment rates and the national grid operator frequently rejecting renewable power have prompted BlackRock-backed Atlas Renewable Energy, one of the biggest solar power producers in South Amer ...
Iranian Strike On Kuwait Airport Raises Stakes For Gulf States
Iranian drones and missiles struck Kuwait International Airport overnight, hitting Terminal One, killing at least one person, injuring several others, and causing what Kuwaiti authorities described as ...
Supply Shock to Slash India’s Oil Demand Growth to Pandemic Low
Analysts have slashed their estimates of India’s oil demand growth this year, with the consumption uptick to be the weakest since the Covid pandemic as the supply crunch and higher fuel prices slow ga ...
Japan Commits $19.4 Billion to Fighting Its Energy Crisis
Japan will spend an additional $19.4 billion to cushion the inflation blow to Japanese households resulting from the oil and gas export flow disruption in the Middle East. The package, approved by Pri ...
Australian LNG Strike Begins to Disrupt Cargo Loadings at Ichthys
Industrial action at the Ichthys LNG project offshore Australia has started to affect loadings, with Reuters reporting that one tanker has been delayed as a result of the limited strike. The strike, l ...
Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior
Tightening crude oil supply will lead to consumer behavior changes in the second half of the year as the imbalance with demand pushes inflation higher, the chief executive of Goldman Sachs has warned. ...
Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones
Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker h ...
How Long Can Demand Destruction Keep a Lid on Oil Prices?
In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history. That's because the market still hopes for a quick resolution to th ...
India’s Oman Bet Looks Timely As Hormuz Crisis Deepens
Late last year, when India and Oman officially signed the Comprehensive Economic Partnership Agreement (CEPA), there was no war with Iran cutting off the Strait of Hormuz, and the advanced timing of t ...
China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half
The Iran War and the oil and gas market disruption it has caused have prompted a massive drop in Chinese crude oil imports. These were estimated at a little over 6 million barrels daily last month, do ...
Russia’s China Energy Lifeline Is Becoming a Noose
The recent summit meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin ending on 20 May raised more questions than answers for many observers, probably including Put ...
US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the week prior, US crude oil inventories fel ...