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BREAKING주요 뉴스
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...
Power Prices Triple on PJM as Heat Wave and Data Centers Collide
America's biggest power grid pushed to the edge of an all-time record this week, and the bigger force behind it may be tied to data centers. PJM Interconnection, which delivers power to 67 million peo ...
Soaring Imports Push India’s Crude Stocks to Near 1-Year High
India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June. As at the end of ...
India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be
Indian refiners are not directly exporting any refined petroleum products to fuel-starved Russia, although some supplies from traders are likely reaching Russia, India’s Oil Minister, Hardeep Singh Pu ...
Alberta and Ottawa Greenlight New Pacific Pipeline
Alberta’s Premier Danielle Smith and federal Prime Minister Mark Carney have made the official announcement of a new oil pipeline, to be built to Canada’s Pacific coast, broadening the access of Canad ...
India Coal Power Generation Jumps 14% in June
India's coal-powered electricity generation last month surged by 14% on the year to 120.20 billion kWh as drier, hotter weather prompted a significant increase in demand. Reuters noted in a report on ...
UAE Rewrites Offshore Oil Pricing To Capture Asian Markets
Previously, we reported that Abu Dhabi’s flagship crude, Murban crude, has rapidly risen to prominence, with Murban crude futures having rapidly evolved from a regional benchmark into a primary global ...
Tesla Delivers a Blowout Quarter, Crushing Wall Street Estimates
Tesla delivered a much stronger-than-expected second quarter, reporting 480,126 vehicle deliveries, well ahead of Wall Street forecasts of roughly 406,600. The company also produced 451,758 vehicles d ...
OPEC+ Plans Another Output Hike. The Market Barely Notices.
The seven-member group of OPEC+ oil producers that has been restraining production since 2023 is set to extend a series of output quota hikes they launched after the U.S. and Israeli strikes on Iran t ...
Oil Glut Calls May Be Getting Ahead of Reality
Crude oil prices are crashing on reports that flows out of the Strait of Hormuz are recovering, and analysts are back to predicting oversupply, even though Iran just said it will not be meeting with t ...
Russia Ramps Up Pressure on Kyiv With Deadliest Strikes in Months
Russia pummeled the Ukrainian capital in one of its largest drone-and-missile assaults this year, killing at least 17 people, highlighting Moscow's stubborn efforts to pound Kyiv into submission. The ...
Nigeria's NNPC Revenue Drops in May Despite Higher Oil Output
NNPC Limited booked lower revenues in May compared to April despite the higher crude oil and condensate production, the latest monthly figures by the Nigeria's state oil and gas firm showed. NNPC's re ...
Japanese Banks Commit $496 Million to India's Power Grid Expansion
Japanese banks are set to provide financing of up to the equivalent of $496 million for a key grid transmission project in India under a new Asian framework on energy cooperation, Nikkei Asia reported ...