Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw

Oil prices spiked in early Asian trade on Wednesday, erasing a significant portion of Tuesday’s selloff on the back of renewed hostilities in the Middle East and a bullish U.S.…

API Reports Sharp U.S. Crude Stock Draw as SPR Hits New Low

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.296 million barrels in the week ending July 24. In the week prior, US…

OPEC+ Prepares to Stop Raising Oil Output Targets

OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade on hold through the end of the year. Saudi Arabia, Russia, Iraq,…

UK Regulator Targets Data Center Land Grab on the Power Grid

Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for…

  • Gas
  • July 29, 2026
Luxfer agrees to acquisition by US investment firm Wynnchurch Capital

By 3 min ago 2 min read Materials engineering company Luxfer has entered into a definitive agreement to be acquired by affiliates of US investment firm Wynnchurch Capital in an…

Why Is Oil Rebounding?

In a market analysis sent to Rigzone on Wednesday, Naeem Aslam, CIO at Zaye Capital Markets, highlighted that Brent crude was trading near $87.81 per barrel, “up approximately 4.4 percent”.…

  • Gas
  • July 29, 2026
Air Liquide says AI makes up almost all new electronics investment

Air Liquide says AI makes up almost all new electronics investment | Electronics & Semiconductors | gasworld ©Shutterstock By 3 min ago 1 min read Industrial gas major Air Liquide…

  • Gas
  • July 29, 2026
SUEZ starts construction of £35m UK AD facility

© Shutterstock You’ve read 1 of 1 of your free articles this month. By 13 min ago 2 min read Global water and waste management company Suez has started construction…

  • Gas
  • July 29, 2026
Nippon Sanso reports strong Q1 growth as electronics gases and pricing boost earnings

By 42 min ago 3 min read Industrial gas major Nippon Sanso Holdings has reported double-digit growth across revenue and earnings in the first quarter of its fiscal year 2027.…

  • Gas
  • July 29, 2026
Nippon Sanso reports strong Q1 growth as electronics gases and pricing boost earnings

By 1 hour ago 3 min read Industrial gas major Nippon Sanso Holdings has reported double-digit growth across revenue and earnings in the first quarter of its fiscal year 2027.…