A total of 21 LNG cargoes are estimated to have exited the Strait of Hormuz in September, the highest monthly number since the Iran war began, yet well below pre-war levels,…
November WTI crude oil futures spent the week caught between two opposing trades. Gulf crude flows improved as Saudi Arabia restored export routes and producers found ways around…
Politics, Geopolitics & Conflict U.S. troops have withdrawn from Iraq, but this isn’t Biden’s Iraq. The withdrawal was agreed in 2024 when Biden determined that Iraqi forces…
The U.S. last month sent two additional Patriot missile batteries to protect energy infrastructure in Saudi Arabia and Qatar from Iranian strikes in case the war escalates again,…
Both nonfarm payroll employment (+29,000) and the unemployment rate (4.2 percent) changed little in September. Employment in all major industries changed little over the month.
The biggest Japanese LNG importer and largest power producer, JERA, does not expect the shipping hurdles for Qatari supply at the Strait of Hormuz to end in time for the winter.…
ConocoPhillips and Venture Global have signed a deal that would see the liquefied natural gas major supply 1 million tons to Conoco beginning in 2030. The deal is part of a…
Exports of crude oil from the Middle East hit their highest level in September since the war with Iran began, reinforcing a trend of increased supplies despite Iranian attacks on…
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