US Oil Executives Expect Crude Output to Rise as Iran War Continues, Survey Shows
(Reuters) – U.S. oil executives expect domestic production to rise as the ongoing war in Iran upends global supplies and pushes crude and fuel prices higher, according to a Dallas…
THE ENERGY CRISIS – Welcome to the Age of Global Energy Shocks: Bousso
The past decade has brought a rapid succession of global energy crises, driven by military conflict, extreme weather and supply-chain snarls. As today’s highly interconnected oil and gas markets become…
Golden Pass Says First LNG Export Cargo Has Departed From Sabine Pass Terminal
Summary Destination of first shipment unclear, Reuters previously reported Italy as possible recipient Golden Pass CEO highlights milestone toward full commercial operations Only first processing unit operational, two more units…
COMMENTARY: Iran War May Crush Oil Demand Today, But Send it Soaring Long Term: Bousso
While oil demand destruction deepens with each passing day the Strait of Hormuz remains closed, the longer-term impact of the Iran war may paradoxically work in oil’s favour. Spiking energy…
S&P Global Cuts 2026 Oil Demand Forecast by 700,000 Bpd Due to Iran War
(Reuters) – S&P Global Energy has reduced its global oil demand forecast for 2026 by 700,000 barrels per day as the U.S.-Iran war disrupts energy supplies from the Middle East…
Oil Gains as US-Iran Talks stall, Hormuz Shipping Still Disrupted
Summary Iran seizes ships in Strait of Hormuz US maintains naval blockade and intercepts Iranian tankers Total US exports of oil and petroleum products climb to a record LONDON, April…
US Intercepts Three Iranian Oil Tankers in Asian Waters, Sources Say
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security…
US and Iran Deadlocked Over Hormuz After Trump Extends Truce
By , , and US President Donald Trump indefinitely extended a ceasefire with Iran after the two sides failed to meet for more peace talks, with the war developing into…
BP Lockout at Indiana Refinery Stretches Into Second Month as Union Talks Stall
(Reuters) – A lockout at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, enters its second month as the British oil major and hundreds of union workers remain at odds. BP locked…
US Supreme Court Rrejects Enbridge Challenge to Michigan Pipeline Case
The U.S. Supreme Court on Wednesday rejected Enbridge’s bid to change the venue of an environmental lawsuit by Michigan seeking to force the Canadian energy company to stop operating an…
