Iranian Attack on Qatar LNG Hub Sends European Gas Soaring 35%
Europe’s benchmark natural gas prices jumped by 35% at market open on Thursday, as fears of persistent gas supply disruptions intensified following the Iranian attack on Qatar’s Ras Laffan Industrial…
Brent Jumps 7% to $114 as Spread With WTI Widens to 11-Year High
The Brent-WTI spread widened sharply in early trading Thursday, pushing toward an 11-year high as Middle East supply disruptions drove a deepening split between global and U.S. crude markets. Brent…
Oil Prices Continue Ascent
In an exclusive interview with Rigzone on Thursday, Art Hogan, Chief Market Strategist at B. Riley Wealth, said oil prices “continued their ascent overnight as strikes on key energy infrastructure…
Oil Prices Could Hit $150 If War Continues Through End of March
Oil prices could soar to $150 per barrel or more if the Middle East war continues until the end of March, Kpler says, as the conflict escalates with Iran intensifying…
Iran Strikes Saudi Red Sea Refinery as Oil Threats Escalate
The Samref refinery in Saudi Arabia’s Red Sea coastal city of Yanbu was the target of an aerial attack early on Thursday, with minimal impact on operations, an industry source…
Asian Imports of Russian Fuel Oil Are Set to Hit a Record High
Asian fuel oil imports from Russia are on course to reach an all-time high this month, shipping data from Kpler and LSEG has shown, as reported by Reuters. Total volumes…
Qatar LNG Infrastructure Hit Again as Gulf Gas Crisis Deepens
QatarEnergy has reported more strikes on its LNG infrastructure in the early hours of Thursday, saying on X that “several of its Liquefied Natural Gas (LNG) facilities were the subject…
Trump Promises Israel Won’t Repeat Strike on Key Iranian Gas Field
President Trump has said Israel will not target Iranian gas infrastructure again, after “lashing out” and striking a processing facility at the world’s biggest natural gas field. If Iran retaliated…
