The oil price rally resumed its upward trajectory on Friday after the U.S. Central Command (CENTCOM) confirmed the sinking of the Singapore-flagged container ship following an…
Gasoline and fuel oil pushed Canada's annual inflation rate to 3.1% in September, up from 3.0% in August, as the war in the Middle East kept fuel prices high, Statistics Canada…
Iraq's oil exports have averaged more than 3.4 million barrels per day so far in October, Oil Minister Bassem Mohammed Khudair told the state news agency INA on Monday. That puts…
Mozambique is in discussions with South African energy firm Sasol and pipeline company ROMPCO to potentially invest in a new $250 million gas project offshore Mozambique that…
The Hormuz crisis is not only hitting crude oil and gas, but also container shipping. It is also tightening its grip on global shipping through the fuel tanks of vessels carrying…
Iran's vast and restive southeastern province of Sistan-Baluchistan, located along the border with Afghanistan and Pakistan, has witnessed a deadly flare-up of violence in recent…
During the first three months or so of the U.S. and Israeli war with Iran, the dominant mood on oil markets was that the conflict would end any day now. The brief June ceasefire…
Despite the Iran war and the Hormuz crisis, the Middle East’s low-cost chemicals production is set to retain its long-term advantage over other regions. Near-term shifts in the…
Years of underinvestment in Bolivia’s gas industry have left the South American country facing a severe fuel shortage, as energy prices rise ever higher owing to the ongoing war…
Equatorial Guinea will approve a new hydrocarbon law on Monday after crude production collapsed to just 20,000 barrels per day in September, down from roughly 140,000 bpd in…
Brent holds near $105 as Iranian tanker attacks and multiple geopolitical conflicts keep oil markets on edge. October 16, 2026 Oil prices have been relatively rangebound this…
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