Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
Crude oil futures decline as markets await key industry reports
Markets are paying close attention to these reports as there are oversupply concerns in the world market, despite…
Trump Grants Hungary Exemption on Russian Oil in Orban Win
(Bloomberg) — US President Donald Trump granted Hungary an exemption from sanctions on purchases of Russian oil, providing…
Crude Oil Slumps as OPEC+ Fails to Convince Market Bulls
Light crude oil futures are on track to finish the week lower after failing to confirm a recent…
Apollo Grows Europe Energy Bet With $6.5 Billion Orsted Deal
(Bloomberg) — Apollo Global Management Inc. agreed to invest $6.5 billion in a huge Orsted A/S offshore wind…
Crude oil futures decline as markets assess OPEC decision to pause output hikes
On Sunday, OPEC+ decided to implement a production hike of 1,37,000 barrels per day in December 2025. However,…
China’s Crude Stockpile Gives Oil Market a Sanctions Safety Net
China’s accelerated crude stock builds in 2025 may come in handy at the end of this year as…
Soft crude oil price outlook forecasted
PETALING JAYA: Downside risks to global oil prices remain despite oil producing countries under the Organisation of the…
OPEC will again boost production, despite global oil glut
Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil…
European markets rise, oil prices jump on OPEC+ decision
European benchmarks began the week with gains. Oil and gold prices increased, but the euro weakened against the…
Adnoc CEO Says AI Raises Energy Investment Needs to $4
(Bloomberg) — The global energy industry needs annual investment of $4 trillion as the boom in data centers…
OPEC+ further hikes oil output
With their successive production hikes this year, the key members of OPEC+ are aiming to boost market share…