Oil Markets Wait And Worry
Oil prices fell to around $114 a barrel on Tuesday amid a growing number of...
Saudi Arabia and Singapore Seal Deal to Store Crude in Underground Rock Caverns Starting Mid-2027
Saudi Arabia and Singapore have signed an agreement to store Saudi crude oil in Singapore’s...
ExxonMobil’s 2026 Global Outlook: All Energy Sources Required Amid Supply Shock and Rising Demand
This year’s Global Outlook from ExxonMobil arrives at a moment of profound disruption. Events in...
China Resumes Direct US LNG Imports After 16-Month Pause Amid Hormuz Disruptions
The resumption is driven by urgent supply needs following disruptions in the Strait of Hormuz...
Global Market Tightens
Global refined fuel prices are rising once again, squeezed by the combined pressures of renewed...
EA Flags Decline in Global Gas Demand
The International Energy Agency expects global natural gas consumption to fall by 0.5% in 2026,...
Saudi Arabia Slashes Its Way Back Into Asia
Saudi national oil company Saudi Aramco has slashed its official selling prices for Asian-bound cargoes...
Russia to Buy Gasoline from India
According to OilPrice, Russia is reported to have started importing gasoline from India to cover domestic...
Red Light, Green Light
Reaching 59 transits, June 24 has marked the highest number of Hormuz crossings since US-Iran...
Global EV Outlook
After strong growth last year, global electric car sales are expected to rise again in...