Energy Market News & Updates
Stay informed with the latest developments in the global petroleum market. We curate essential news covering price fluctuations, geopolitical impacts, and supply chain shifts.
Is Wall Street Getting It All Wrong About AI, Oil, and Bonds?
It seems that everywhere you look in the financial media these days, there is persistent hype about artificial intellige...
India’s BPCL to Cut Russian Oil Imports Due to Higher Prices
Bharat Petroleum Corporation Limited (BPCL), one of the biggest Indian state-owned refiners, will reduce its purchases o...
Super El Niño May Soften Winter Energy Squeeze
We extensively covered the unusually strong El Niño, its weather impacts by region, and the risks this adverse weather p...
IEA’s Birol: Energy Prices Won’t Return to Pre-War Levels in 2027
The Middle East conflict has tightened energy markets so much that crude oil, fuel, and natural gas prices are unlikely...
Russia's Arctic Oil Shortcut Runs Into a Wall of Ice
A group of sanctioned Russian tankers dropped anchor some 1,300 kilometers north of the Arctic Circle in July after gett...
Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September
Crude oil production in Saudi Arabia rose by 12.2% in September from a month earlier, to reach 8 million barrels per day...
Houthis Claim Attacks on Saudi Arabia’s East-West Oil Pipeline
The Iran-backed Houthis on Monday claimed they attacked pumping stations along Saudi Arabia’s East-West onshore oil pipe...
U.S. Army Says It Has Helped 1.5 Billion Barrels of Oil Out of Hormuz
U.S. forces have helped Persian Gulf producers move more than 1.5 billion barrels out of the Strait of Hormuz since the...
Europe's Natural Gas Prices Soar to Four-Year High as Winter Looms
Europe’s benchmark natural gas price jumped by 2% at opening in Amsterdam on Monday, extending the 7% weekly gain from l...
India's Stock Market Feels the Heat From High Oil Prices
The latest jump in oil prices has disturbed Indian equities, with both major indices starting the week with losses and 1...
Saudi Arabia Turns to Singapore for Oil Storage
Saudi Arabia has struck a deal with the Singaporean government to store crude oil in underground caverns in the city-sta...
Oil Prices Dip but Hold Above $100 as Middle East Supply Threats Mount
Crude oil prices began trading with a dip this week but remain significantly elevated as hostilities between Yemen’s Hou...
The Pentagon's Rare Earth Deadline Is Almost Here. Is Anyone Ready?
For years, the rare earth industry has been talking about January 1, 2027 as the date that changes everything. That date...
Asia Is Building the World’s Next $15 Trillion Energy Market
The global energy transition is increasingly becoming an Asian story, and Asia is unlikely to follow the path envisioned...
Oil Prices Rise Despite Middle East Export Recovery
Reports about recovering oil flows in the Persian Gulf and the Red Sea have dominated headlines over the past couple of...