Analysts Explain Oil Price Drop
Monday May 25, 2026 – ‘On late Saturday, there seemed to have been a breakthrough in the U.S.-Iran war’, Gaik June Goh, a senior oil market analyst at Sparta Commodities,…
Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground
Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due to…
Expert Says Traders Should Brace for July Jump in Oil Prices
Oil traders don’t want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the market needs…
India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers
India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait…
Sinopec Boosts China’s Shale Oil Output
Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer…
Rubio Plays Down Imminent U.S.-Iran Deal
The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing…
Australia Set to Include Existing LNG Deals in Gas Reservation Scheme
Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation,…
Westfalen aims to double industrial gas capacity in Switzerland
By 28 min ago 1 min read German energy and gases firm Westfalen Group is set to double the current industrial gas filling capacity at its Swiss site. The company…
Analysts Explain Oil Price Drop
In a crude market commentary piece sent to Rigzone on Monday, Gaik June Goh, a senior oil market analyst at Sparta Commodities, explained today’s oil price drop. “On late Saturday,…
China Coking Coal Prices Surge After Deadly Shanxi Mine Blast
The price of coking coal in China jumped by 8% after a deadly mine accident in Shanxi province that prompted safety checks that will affect production over the near term.…
