JP Morgan Says Oil Goes to $150 if Strait Not Opened Till May
J.P. Morgan has issued a stark warning to energy markets: oil prices could spike to $120–$130 per barrel…
Trump Planned for Big Oil’s Global Dominance. Then He Went to War With Iran
(Bloomberg) — From capturing Venezuela’s president to attacking Europe’s methane rules, President Donald Trump had created a slipstream…
Traders Bet on Two ECB Hikes This Year as Energy Prices Surge
(Bloomberg) — Traders are fully pricing two interest-rate hikes from the European Central Bank this year, as an…
US Energy Chief Signals Iran War May Last Several More Weeks
(Bloomberg) — Energy Secretary Chris Wright signaled the war with Iran may last several more weeks with oil…
Two LPG Ships Sail Through Hormuz to Shortage-Hit India
(Bloomberg) — Two tankers carrying liquefied petroleum gas are heading to India after crossing the Strait of Hormuz,…
India Asks China for Urea as War-Induced Gas Crunch Bites
(Bloomberg) — India has asked China to allow the sale of some urea cargoes as the war in…
Oil Prices Head for Weekly Gain Despite U.S. Waiver on Stranded Russian Crude
Crude oil prices were on course for another weekly gain today, despite a temporary dip following the announcement…
Energy Equities Mixed Despite Oil’s Biggest Rally Since 2022
Oil prices briefly hit triple-digits in early Monday trading before pulling back sharply, with the volatility throwing global…
Option Frenzy From Oil to Corn Highlights Iran War Market Stress
(Bloomberg) — Traders are piling into options as supply disruptions from the war in Iran send oil and…
Oil rises as Middle East supply fears persist, US waiver for Russian crude caps gains
Oil prices edged higher on Friday as disruptions to shipments through the Strait of Hormuz following attacks on…
Energy markets shaken as Gulf transit crisis lifts oil and gas
Disruptions in the Strait of Hormuz following US-Israeli strikes on Iran triggered sharp price movements across global energy…
China Sets Cautious Climate Target as Carbon Deadline Looms
(Bloomberg) — China, the world’s top polluter, set a cautious new climate target for the rest of the…