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WHIPLASH – Oil Prices Surge to Highest Since 2022 at Over $119 a Barrel on Middle East War, Then Settle
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: Brent, WTI hit highest levels since July 2022 Brent jumps as much as 29%, WTI surges up…
COMMENTARY: Compounding Errors and Narrow Self-Interest Threaten Global Fuel Crisis: Russell
Mounting miscalculations and a retreat to narrow self-interest by major countries, including the United States and China, are threatening to turn the current conflict in Iran into a global crisis…
Wall Street’s Immunity to Mideast Oil Shock Will Now Be Tested
(Reuters) – Oil prices surged 30% last week and swathes of global stocks sold off as war in the Middle East escalated, yet an air of complacency hung over Wall Street. Investors…
Better Fill the Car Up, Like Right Now
A look at the day ahead in European and global markets from Wayne Cole. OK, so this is shaping up as a proper global energy shock, like the 1970’s version.…
Oil Prices Drop as the G7 Considers Releasing Up to 400 Million Barrels
The finance ministers of the G7 will discuss the possibility of releasing oil from storage in response to the price rally resulting from the war in the Middle East, media,…
Saudi Arabia Shoots Down Drones Targeting Major Shaybah Oilfield
Saudi Arabia has intercepted and destroyed four drones headed toward its Shaybah oilfield as the war in the Middle East is escalating and sending oil prices past $100 per barrel.…
Bahrain’s Bapco Energies Declares Force Majeure as War Escalates
Bahrain’s integrated energy firm Bapco Energies on Sunday declared force majeure on its group operation that have been affected by the war in the Middle East. Bapco Energies, which operates…
Solar Energy Industries Association Applauds Massachusetts House Of Representatives For Passing Energy Affordability And Clean Power Bill
Representational image. Credit: Canva The Massachusetts House of Representatives has approved House Bill 5151, titled An Act Relative to Energy Affordability, Clean Power, and Economic Competitiveness. The legislation is designed…
