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.
China’s Invisible Hand Is Distorting Global Oil Markets
For two decades, OPEC ministers, Wall Street analysts, and oil traders have been speaking about the global crude market...
Middle East War Threatens Renewable Energy Rollout
War in the Middle East has reshaped near-term energy market expectations, with direct implications for hydrocarbon suppl...
Electricity Industry Faces Risks from Three New Technologies
Electric company annual reports describe technological risk in the vaguest of terms, asserting that firms face numerous,...
Saudi Aramco Looks to Raise $10 Billion from Real Estate Asset Deal
Saudi Arabia's oil giant Aramco expects to raise at least $10 billion from a potential sale and leaseback deal for its r...
The Fuel Shortage That Could Reshape Global Trade
The war with Iran is not going well. It is difficult to supply US troops with adequate food and other necessities. With...
Russia's Oil Revenues Surge $6.3 Billion as High Prices Offset Production Losses
Russia’s oil export revenues have continued to rise despite lower production thanks to high oil prices. According to the...
US Crude Oil, Gasoline Inventories Continue to Crash as Iran War Takes Its Toll
Crude oil inventories in the United States decreased by 4.3 million barrels during the week ending May 8, according to n...
India's PM Orders 50% Slash in Motorcade Size to Save Fuel
India's Prime Minister Narendra Modi has directed a 50% reduction in the size of his official motorcade in a bid to cons...
What to Expect From the Trump-Xi Summit in Beijing
US President Donald Trump and Chinese leader Xi Jinping are set to open a closely watched summit in Beijing as Washingto...
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the Middle East, reversing pr...
BP Buys 40% Stake in Uzbek Oil and Gas Blocks
BP has bought 40% in the production sharing agreement regulating oil and gas exploration and production rights for six b...
Rising Jet Fuel and Ticket Prices Could Disrupt Summer Air Travel
Summer travel could be disrupted for millions of airline passengers as airlines pass on higher jet fuel prices onto air...
Japan's Refinery Utilization Hits 73% as Strategic Oil Stocks Flow In
Japan's refinery utilization rates are rebounding in May as releases from petroleum reserves and increased supply of non...
Citi Sees India's Power Demand Rising 5%-6% Annually Amid Energy Buildout
India’s power sector is set to grow by 5-6% each year in the medium term as investments in both thermal and renewable po...
Europe’s Gas Industry Seeks Relief From Storage Mandates
European Union gas industry lobby groups are urging Brussels to relax gas storage refill targets amid the supply crunch...