Trade War Uncertainty Keeps Oil Traders on Edge
Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chie…
(Bloomberg) — The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired…
EU Leaders Call for Solution on Ukraine Gas on Slovakia’s…
(Bloomberg) — European Union leaders called for stepping up efforts to resolve the Ukraine gas transit issue, a…
US crude exports to India hit over two-year high in Feb as Russia sanctions bite
U.S. exports of crude oil to India last month climbed to their highest in over two years, ship…
Russia Struggles to Offload Oil Cargoes Due to U.S. Sanctions
By Editorial Dept – Mar 03, 2025, 9:00 AM CST
U.S. sanctions are causing delays in Russian…
The Arab Energy Fund completes a landmark issuance of $650mn
The Arab Energy Fund, formerly known as APICORP, a leading multilateral impact financial institution focused on the MENA…
Trump’s Foreign Policy Sends Tanker Market Adrift
Vessel owners and oil traders are hesitant to enter long-term charter deals for oil tankers amid heightened geopolitical…
ADNOC signs 15-year sales and purchase agreement with Osa…
ADNOC signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for…
Crude Oil Inventories in US See Surprise Drop
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels…
India Bought Crude Oil Worth 49 Billion Euros From Russia In Third Year Of Ukraine Invasion: Report
In the first three quarters of 2024, as refineries in India and Turkey increased their consumption of Russian…
Carbon Credits Needed for Hard to Curb Emissions, Woodsid…
(Bloomberg) — Woodside Energy Group Ltd. sees a continued role for carbon credits because of the projected costs…
Esso, Mitsui, and Woodside commit nearly $200 million to…
Esso Australia Resources Pty Ltd, a subsidiary of ExxonMobil Australia, alongside its partners Mitsui and Woodside Energy, has…