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…
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…
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…
Barclays Warns Grid Constraints Could Strand Renewables Assets
Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and supply chain hurdles limit the value that these assets could deliver, Barclays…
Goldman Sachs Hikes Q2 Brent Oil Price Forecast by $10
The all but halted flows via the Strait of Hormuz will deplete oil inventories in advanced economies, prompting a rise in oil prices, Goldman Sachs said on Wednesday as it…
Asian LNG Prices Soar to Three-Year High
Liquefied natural prices on the Asia spot market surged to the highest in three years after QatarEnergy suspended production following Iranian strikes on its LNG facilities. According to traders quoted…
