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News
Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions
1+ hour, 43+ min ago (367+ words) WTI crude is heading toward… Hormuz traffic remains near a… Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the time…...
Natural Gas, Not Oil, Is Key Inflation Concern in Europe
1+ day, 16+ hour ago (436+ words) Norway started Troll Phase 3… Hormuz gets the headlines. Bab… Soaring energy prices have rekindled inflation fears in Europe since the Iran war disrupted oil and gas flows, but policy makers and bond markets appear to be more concerned about the…...
Oil Prices Slide 2% as Markets Brace for Bessent???s???Economic D-Day???
4+ day, 4+ hour ago (630+ words) Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’ The global fuel squeeze is… Oilfield services giant SLB is… Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details…...
Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
1+ week, 9+ hour ago (468+ words) Production growth is slowing, with… Ukraine has severely degraded Russia’s… Washington is tightening the screws on Iran and loosening the rules on gasoline at the same time as Americans are paying more than $4 a gallon. The Environmental Protection Agency on…...
LG Energy Solution Starts Production at 35-GWh Michigan Battery Plant
1+ week, 1+ day ago (465+ words) World's Largest Electric Plane Flies for 27 Minutes on $5 of Power LG Energy Solution has started production at its new battery manufacturing facility in Lansing, Michigan, as the South Korean company expands its North American supply base for both energy storage…...
UK Inflation Jumps to 2.9% as Energy Bills Bite
1+ week, 1+ day ago (841+ words) World's Largest Electric Plane Flies for 27 Minutes on $5 of Power Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The…...
Iran War Set to Drive UK Energy Bills to 3-Year High
1+ week, 1+ day ago (459+ words) A market tipping point could… Chevron targets 420,000 bpd by… UK household energy bills are set to further rise from October by 4% to their highest level since the summer of 2023, as the Iran war has tightened global gas supply and made…...
The U.S. Is Quietly Building a New Energy Foothold in Iraq
1+ week, 2+ day ago (88+ words) Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge Europe faces a difficult winter… The project could strengthen U.S.… Turkmenistan is pressing Afghanistan to… Europe’s Gas Storage Crunch Deepens Ahead of Heating Season Inside the U.S.–Israel–Saudi Plan to…...
U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records
1+ week, 3+ day ago (330+ words) The House has taken up… Kazakhstan faces growing economic and… Declarations by Iran and the U.S. earlier this week make the prospect of peace in the Middle East even more distant, driving crude oil prices higher. Meanwhile, the diesel…...
The Next Energy Crisis Could Be a Water Crisis
1+ week, 3+ day ago (183+ words) Russia Receives First Gasoline Cargo From India as Fuel Shortages Spread MIT researchers unveil an economic… The U.S. and Gulf states… Jet fuel will remain essential… Leonard Hyman & William Tilles Let’s summarize the political and social issues this way: As…...