Goldman: Another Month of Hormuz Closure Means Over $100 Brent Throughout 2026
Brent Crude is expected to average above $100 per barrel this year if the Strait of Hormuz remains mostly shut to tanker traffic for another month, Goldman Sachs analysts said…
China Weighs Bailout for Airlines Struggling with Fuel Shock
China is considering several ways to support financially its struggling airlines which are reeling from the oil and fuel supply and price shock due to the Middle East crisis. The…
Traders and Refiners Book Ships to Load Middle East Oil on Hormuz Hope
The state refiner of Taiwan and commodity trading giant Glencore have each booked a tanker to travel to the Middle East and load oil, in a sign that crude customers…
The hidden but vital role of gases on board Artemis II
Industrial gases have played a key role at all stages of the Artemis II space mission – from the and round-the-clock operations to the far side of the moon, right…
Sora Fuel raises $14.6m to scale SAF production
US-based sustainable aviation fuel (SAF) producer Sora Fuel has raised $14.6m to support the build-out of its first production facility. Sora Fuel uses a direct air capture (DAC) system with…
Pertamina Power to build biogas to biomethanol plant in Indonesia
The clean energy arm of Pertamina Group will explore a pilot biogas to bio-methanol facility in Sumatra, Indonesia in partnership with CRecTech. Having signed a memorandum of understanding, the partners…
US Troops to Stay in Gulf before Talks on Fragile Truce
US President Donald Trump vowed to keep troops in the Persian Gulf ahead of talks with Iran that are planned to firm up a fragile truce, while the Strait of…
Trump Says US Military to Stay Around Iran; Threatens Action if Tehran Fails to Comply With Deal
U.S. President Donald Trump said on Wednesday its military ships and aircraft will remain around Iran and threatened that the U.S. will start “shooting” again unless Tehran fully complies with…
Oil Rebounds as Fragile Ceasefire, Hormuz Concerns Keep Supply Risks Elevated
Summary Market struggles to price clear path for Hormuz reopening Shipping traffic through Hormuz at virtual standstill despite ceasefire, data shows Strikes across Gulf raise supply threats despite ceasefire (Reuters)…
Goldman Sachs Lowers Second-Quarter 2026 Oil Price Forecasts
(Reuters) – Goldman Sachs trimmed its second‑quarter 2026 forecasts for Brent and U.S. crude to $90 and $87 a barrel, respectively, late on Wednesday, after the U.S. and Iran agreed…
