Energy
Natural Gas and Oil Forecast: Gulf Supply Risks Rise as WTI and Brent Break Higher - FXEmpire
Natural Gas and Oil Forecast: Gulf Supply Risks Rise as WTI and Brent Break Higher - FXEmpire
Energy
Energy
Global Diesel Supply Crunch Is Set to Last Through Winter
Global diesel fuel supply will remain tight into next year for lack of enough refining capacity to pick up the slack from Middle Eastern and Russian facilities, Reuters has reported, citing refining and commodity trading industry executives. “There's really a shortage of products because we're missi
Energy
Oil prices surge as US-Iran strikes intensify in Strait of Hormuz - Al Jazeera
Oil prices surge as US-Iran strikes intensify in Strait of Hormuz - Al Jazeera
Energy
Rosneft Ships First Crude From $157 Billion Vostok Oil Project
Rosneft has shipped the first crude oil cargo from the Vostok Oil project in Eastern Siberia, despite sanctions targeting Russia’s energy industry and the exit of Western business partners. At peak capacity, the project is expected to produce between 50 and 100 million tons of crude annually. The Vo
Energy
Washington’s Venezuela Oil Deal Is About Much More Than Crude
Washington’s takeover of more than a fifth of Venezuela’s oil reserves in a deal officially signed by U.S. Energy Secretary Chris Wright on 2 September was as unexpected as it was dramatic, with President Donald Trump’s comment a few days earlier that it is “the biggest oil deal in world history” lo
Energy
Iran warns US energy assets in Gulf are vulnerable after latest clashes - Reuters
Iran warns US energy assets in Gulf are vulnerable after latest clashes - Reuters
Energy
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into Crisis - WSJ
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into Crisis - WSJ
Energy
Russia Vows to Keep Selling Oil to India Despite U.S. Tariff Threat
Russia will remain a key crude oil supplier to India, Russia’s Ambassador to India, Denis Alipov, said in an interview with Asian News International, in which he also criticized the planned U.S. legislation to slap tariffs on countries importing Russian oil. Russia has become India’s single-biggest
Energy
Sudan Could Become the Red Sea’s Next Energy Security Flashpoint
The investigations published by The New York Times and The Washington Post should not be dismissed as another collection of allegations emerging from Sudan’s opaque civil war. Taken together, they present the most substantial publicly available evidence yet that elements of the Sudanese Armed Forces
Energy
India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates
India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week as international crude prices rallied amid intensified hostilities in the Middle East. The so-called Crude Oil FOB Price, or the Indian Basket of average sweet and sour gra
Energy
Saudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate
Saudi Aramco's 400,000-barrel-per-day Jizan refinery was hit in a new attack Monday, threatening a major Red Sea refining hub while Saudi Arabia is moving more oil west to avoid the Strait of Hormuz. The Financial Times reported that the facilities in southwestern Saudi Arabia were hit Monday, citin
Energy
Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks - WSJ
Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks - WSJ