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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
Lithium Prices Tumble As Traders Brace For CATL Supply Surge
Lithium carbonate futures in China fell ~10% over two trading sessions, dropping to a 10-week low of approximately 157,000 yuan ($23,175) per tonne on Tuesday following market speculation that China’s ...
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 ...
Kazakhstan Lands $12 Billion in EU Deals to Expand Energy and Trade Ties
Kazakh President Kassym-Jomart Tokayev’s visit to the EU’s headquarters in Brussels has yielded agreements and MoUs potentially valued at over 12 billion dollars. The key deal involves the purchase of ...
Russia Turns Asia’s Oil Shock Into an Indonesian Opening
Russia has emerged as one of the clearest commercial beneficiaries of the US-Israel war with Iran. Before March 2026, buying Russian crude was widely treated as a sanctions risk that only Chinese and, ...
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 Cuts Murban Crude Price to $101.48 as Hormuz Tensions Ease
ADNOC, the national oil company of Abu Dhabi, has cut the official selling price for July for its flagship Murban crude to $101.48 per barrel, down from $104.44 a barrel for June, amid weakening inter ...
China to Increase Fuel Export Allowances for July
China is raising the volume of fuels it is allowing state refiners to export, in a move that would alleviate concerns about tight refined petroleum supplies in Asia. China’s authorities this week met ...