The U.S. plans to offer 40 million barrels from its emergency oil stockpile as fuel prices remain high and commercial inventories contract. Here is how the exchange works, what it…
Canada’s first LNG export terminal is set to double capacity in the early 2030s, adding two processing trains as Asian demand grows. A gas fund proxy fell on Sept. 28,…
Saudi Arabia’s Red Sea oil route was built to bypass Hormuz, but higher insurance costs and a pipeline disruption have complicated shipments. Yanbu loadings were still paused as of Thursday,…
Saudi Arabia has sold almost 100 million barrels of crude to Asian refiners as pipeline repairs continue. The shipments through the Strait of Hormuz are helping sustain supply and limit…
Petrobras recorded its strongest quarterly production in the second quarter of 2026, powered by offshore growth at Búzios. Refinery utilization also set a company record as refined product imports fell…
Iran calls Trump's AI generated video of Kharg Island's destruction "laughable," as real U.S. and Iranian strikes near the Strait of Hormuz rattle oil markets this week.
Amazon just expanded a record German wind deal and signed four new Swedish agreements, all to power AI driven data centers, not warehouses. Here's what the deals actually cover.
UAE oil output hit a record 4.1 million barrels a day in June even as the Strait of Hormuz was blocked, while crude prices slipped on the day.
Tanker traffic through the Strait of Hormuz hit a five week low after fresh U.S. strikes on Iran and Tehran's retaliation, pushing ships back into dark mode transits.
Protesters storm Libya's Mellitah Oil and Gas complex, threatening exports to Italy, as crude prices hover near yearly highs amid fears of a fresh supply shock.
Crude oil is climbing as a U.S. blockade cuts off Iranian exports, yet refined product markets suggest futures still aren't pricing in the full risk. Here's what's driving the move.
Coal falls below 50 percent of China's electricity mix for the first time on record, a threshold that marks a real inflection point in the world's largest energy market even…
Oil tanker prices just hit an all time high as Gulf producers race to buy their own ships, wary of the Strait of Hormuz. Here's what it means for crude…
BP's profit more than doubled to 5.7 billion dollars as oil prices and refining margins surged. Here is how the earnings beat lines up against the stock's valuation and momentum.
The UAE has cut all trade and financial ties with Iran after accusing Tehran of firing ballistic missiles toward its waters, deepening Gulf tensions as oil prices climb.
Contact Energy's profit jumped 62% on the back of the Manawa acquisition and record renewable output, while a proposed Stratford data center could reshape its long term growth story.
European natural gas prices jumped over 3% after Qatar halted maritime activity amid renewed US Iran tension near the Strait of Hormuz, threatening LNG flows just as winter storage season…
Chinese oil importers are rushing back to American crude as tensions near the Strait of Hormuz flare again, with USO climbing 1.26% amid fresh supply worries.
Pakistan just paid its highest LNG price in four years as Hormuz tensions choke off Qatari supply, while crude oil edges higher on the same geopolitical strain.
USO fell 1.53% as the IEA slashed its 2026 oil supply forecast, warning global inventories are draining fast amid a prolonged Strait of Hormuz standoff.
Crude oil ETF USO climbed 1.34% as red sea tanker traffic hit a multi-month low amid Houthi attacks on Saudi oil infrastructure, forcing tankers to reroute or go dark near…
A fresh Ukrainian drone strike hit Russia's Orsk refinery, deepening a months long campaign against Moscow's fuel industry amid ongoing gasoline and diesel shortages.
BP takes full control of the Calypso gas project from Woodside Energy while crude oil, tracked via the USO fund, drifts lower. Here is what the deal signals for regional…
Crude climbs as shippers abandon the Strait of Hormuz over renewed danger, forcing Japan to tap emergency reserves and hunt for oil far from its usual Middle East suppliers.