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 %…
Tanker traffic in the Strait of Hormuz remains a fraction of pre-war levels, with four vessels traversing the waterway on Tuesday, down from seven the previous day, Reuters has…
The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the oil markets are starting to crack. Gone are most of the…
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil prices took a dive. Two months later, Brent is trading at…
ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing more of its own barrels for export through a route that…
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