Energy Market News & Updates
Stay informed with the latest developments in the global petroleum market. We curate essential news covering price fluctuations, geopolitical impacts, and supply chain shifts.
The Iran War Has Upended Global LNG Markets
Commodity analysts have revised their outlooks for global liquefied natural gas supply down by some 35 million tons as a...
Venezuela Oil Production Climbs to 1.1 Million Bpd
Venezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in Februar...
Is This The No.1 Way To Play the Rare Earth Crisis?
In Euclid, Ohio, just outside Cleveland, sits a facility that most people would drive right past without a second look....
Alberta Courts Asian Capital for 1M bpd Pipeline to Break U.S. Dependence
Asian and Middle Eastern capital is lining up behind Alberta’s latest export push. Premier Danielle Smith says investors...
Australia’s Fuels Dependence Turns Into a Crisis
Australia has long been synonymous with resource abundance — a country rich in minerals, energy, and hydrocarbons, inclu...
Middle East War Could Push West Canada’s LNG Projects Forward
The war in the Middle East and the halt of about 20% of global LNG trade flows are strengthening the case for increased...
Gas Crisis Dwarfs Oil Shock as LNG Supply Breaks
Until less than a month ago, most energy analysts were warning about a glut in oil and a likely glut in LNG as new capac...
The Grid Is Losing Its Biggest New Customer
The New York Times story headlined, “Why Tech Giants are Ditching the Grid.” Perhaps it should have had a subtitle, “ Wh...
India Races to Secure Central Asia as Pakistan Expands Its Reach
In the wake of recent efforts by Central Asian leaders to open new trade routes to Pakistan, India is stepping up its di...
China's Top Shipper Resumes Middle East Trips Amid Iran Ceasefire Talks
COSCO Shipping Lines, China's largest shipping company, has officially resumed new booking services for container shipme...
Beyond Oil: The Global Supply Chains Broken by the Iran Conflict
Since the start of the Middle Eastern conflict nearly a month ago, analysts have kept their eyes glued to the latest ene...
Valero Prepares to Restart Massive Texas Refinery After Explosion
Valero Energy is set to restart later this week its major oil refinery in Port Arthur, Texas, after an explosion and a f...
Crude Drops 4% on Iran News Just as Dallas Fed Signals Oil Rebound
A sharp rebound in U.S. oilfield activity is colliding with a sudden geopolitical shock, as the latest Dallas Fed Energy...
Russia's Vital Baltic Oil Hubs Crippled by Ukrainian Drone Campaign
A major fire broke out at the Ust-Luga oil port in Russia’s Leningrad region following a large-scale Ukrainian drone att...
US Oil Inventories Continue to Climb While Gasoline Inventories Shrink
Crude oil inventories in the United States increased by 6.9 million barrels during the week ending March 20, according t...