Demand for liquefied natural gas in Asia is set to decline this year by between 3% and 10% on higher prices, according to analysts cited by Reuters. This would be the second…
Crude oil prices, which dipped yesterday, extended their losses earlier today following reports that Saudi Arabia will be exporting more oil through Oman while the East-West…
Oil prices pulled back but remained elevated ahead of a critical Fed decision on Wednesday, with market expectations shifting towards a prolonged US-Iran conflict. Brent crude…
The daily rate for commissioning a tanker topped $1 million for the first time in history amid a tightening supply of vessels to carry crude oil and fuels whose owners are…
Oil markets appear to have reached the inflection point that many analysts had predicted weeks ago as the Middle East conflict re-escalated with no diplomatic push in sight and…
Argentina's controversial right-wing president, Javier Milei, slashed inflation with a brutal dose of economic austerity, but this came at a steep social cost. The cost of living…
The artificial intelligence boom is sending Southeast Asia’s natural gas demand projections through the roof – but prolonged price hikes triggered by the war in Iran could turn…
Saudi Arabia’s oil supply crisis is rapidly becoming Europe’s problem. The September 10 attacks on Saudi Arabia’s East-West Pipeline struck the system at multiple locations and…
Kazakhstan, which has major oil reserves, is not in a position to help offset a looming energy crisis by expanding production, industry analysts say. With the Strait of Hormuz…
Equinor plans to expand its global LNG portfolio to between 10 million and 15 million tons a year in the early 2030s, targeting European and Asian buyers left short on supply by…
The Bank of England is facing mounting pressure to raise interest rates on Thursday amid a global bond market rout fuelled by concerns over runaway government borrowing and…
Europe’s benchmark natural gas prices held above the 80-euro mark early on Wednesday, staying close to 2022 highs, as low gas volumes in storage sites fuel concerns about winter…
The US House Rules Committee has advanced legislation imposing tougher sanctions on Russia and Iran, clearing a key procedural hurdle for a possible House vote later this week…
U.S. total business end-of-month inventories for July 2026 were $2,764.7 billion, up 0.8 percent (+/- 0.1 percent) from last month. U.S. total business sales were $2,120.7…
U.S. retail and food services sales for August 2026 were $773.9 billion, up 1.2 percent (+/-0.4 percent) from the previous month. August 2026: +1.2 % Change July 2026 (r): -0.5 %…
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