Helium players introduce surcharges as Qatar shuts gas liquefaction
Trump’s Hormuz Shipping Plan is too Little, too Late in Race to Avert Energy Shock: Bousso
By Ron Bousso U.S. President Donald Trump’s current plan to revive shipping through the Strait of Hormuz via financial guarantees and security assistance will require a Herculean international effort. Get…
US Treasury Secretary Bessent Says Oil Market Well Supplied Amid Iran War
(Reuters) – U.S. Treasury Secretary Scott Bessent said on Wednesday that crude oil markets are well supplied amid the U.S.-Israeli war in Iran, and that the U.S. plans to make…
Asian Markets in Free Fall as Oil Price Surge Stokes Inflation Fears
Investors in Asia are dumping technology stocks as they brace for an inflation shock from the surging oil prices that would delay interest rate cuts or even lead to increased…
Indian Refiner MRPL Declares Force Majeure on Gasoline Exports
Indian state-run refiner Mangalore Refinery and Petrochemicals Limited (MRPL) has declared force majeure on all planned gasoline export cargoes for March and April as the Middle East war is halting…
QatarEnergy Declares Force Majeure After Halting LNG Production
QatarEnergy has declared force majeure on liquefied natural gas (LNG) supplies after suspending production at key export facilities, sending fresh shockwaves through global energy markets already rattled by the escalating…
Trump to Meet Tech Giants on Energy Pledge Ahead of Midterms
Summary Trump hosts tech leaders to pledge to shield consumers from energy price spikes Effort aims to ease voter concerns over higher electricity bills Companies expected to commit to efficiency…
There is Little US LNG Producers Can do to Immediately Replace Lost Qatari Cargoes
Summary US LNG plants running near full capacity, limiting the potential for output increase amid Qatar disruptions Venture Global has the most flexibility, with higher percentage of spot market sales…
Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel
March 4 (Reuters) – Goldman Sachs raised on Wednesday its second-quarter 2026 average price forecast for Brent crude oil by $10 to $76 per barrel and for WTI by $9…
Hormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth Day
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for…
