Crude Oil Prices Predicted to Rise Amid Tensions Over US Strikes on Iran, Threat to Hormuz Strait
Experts in India warned that any blockade would affect national energy security. (File Image) Oil prices are expected…
Shipping on High Alert in Mideast After US Strikes on Iran
(Bloomberg) — The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate…
Japan Boosts Effort to Curb Methane Leaks From LNG Supply
(Bloomberg) — Japan is strengthening efforts to curtail methane emissions from liquefied natural gas as it sticks with…
Oil Prices Surge as Israel-Iran Conflict Rattles Markets
Crude oil prices climbed sharply last week as the conflict between Israel and Iran worsened, raising fears that…
Under the spell of geopolitics – Commerzbank
The Brent Oil price has risen to a 5-month high of $79 per barrel due to a further…
Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
(Bloomberg) — Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos…
Trump Plans Biofuel Quota Boost, Seeks to Crimp Imports
(Bloomberg) — The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year,…
OPEC+ Bets on Summer Demand as Q4 Glut Looms
The OPEC+ group was likely betting on robust demand during the peak summer driving season when it decided…
JP Morgan: Oil Could Hit $130—But We’re Still Calling $60
By Julianne Geiger – Jun 12, 2025, 11:00 AM CDT
JP Morgan is sticking to its base-case…
European Banks With Russian Units Help Keep Natural Gas
(Bloomberg) — Western banks including Raiffeisen Bank International AG that still operate units in Russia are helping some…
BofA: The Saudis Are Readying for a Long Oil Price War
Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of…
Taiwan Official Discusses US Energy Cooperation at Alaska
(Bloomberg) — Taiwan’s top presidential aide discussed energy cooperation with US officials at a summit this week in…