Trending News: Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz ClosedOil Unlikely to Hit $200 a Barrel, US Energy Chief SaysHow Have US Presidents Tapped Strategic Petroleum Reserves During War?Iran War is One ‘TACO’ Too Far: McGeeverUS Natgas Prices at Waha Hub in Texas Remain Negative for Record 25th DayUS Navy Could Escort Vessels in Strait of Hormuz With International Coalition, Bessent SaysExchanges Oppose Potential US Treasury Intervention in Oil Futures MarketUS Department of Energy to Invest $1.9 Billion for Power Grid UpgradesTrump Touts Oil Price Gains, Saying ‘We Make a Lot of Money,’ Angering LawmakersIraq to Hold Oil Output Near 1.4 Million Bpd as War Strangles ExportsUkraine Hits Major Oil Export Pipeline Hub in South RussiaFujairah Oil Terminals Resume Operations After Drone AttackEast-West Pipeline Key to Saudi Arabia’s New Oil Export StrategyIEA Warns of Largest Oil Supply Disruption in HistoryRWE to Invest $19 Billion in U.S. Gas Power as Demand JumpsTotalEnergies Freezes Fuel Prices in France Amid ‘Exceptional Volatility’Everllence to supply compressors for Thailand’s first CCS projectLNG and helium hit by Middle East uncertainty, says BloombergNEFSyzygy inks deal to develop biogas-to-SAF projects in BrazilTrump and Iran Signal No Quick End to War as Oil Tankers Burn in Iraqi WatersUS to Release 172 Million Barrels of Oil From Strategic Petroleum ReserveGoldman Sachs Raises Q4 Brent, WTI Crude Price Forecast Amid Longer Hormuz DisruptionTrump Taps Strategic Petroleum Reserve in Response to Iran Shipping AttacksChina Halts Fuel Exports as Hormuz Crisis Tightens Global SupplyIran May Allow Indian Tankers Through Hormuz Despite Ongoing Shipping AttacksOman Evacuates Key Oil Port as Iran War IntensifiesAustralia identifies A$300bn clean energy opportunitiesIran crisis in focus: Round-up of all our coverageMiddle East CCUS forecasts almost halveTop Stories Of The Day: PowerHive Launches VION Battery; India Solar Capacity Hits 136 GW and More…Tata Power Partners With Salesforce To Launch A Fully Integrated AI-Driven Digital Ecosystem For Rooftop Solar, EV Charging And Smart Energy Solutions Across IndiaHartek Commissions Agrivoltaic Open Access Solar Project In PunjabZelestra Begins Full Commercial Operations At The Villamañán Solar Project, A 19 MWdc Facility In León, Strengthening Clean Energy Capacity In SpainRatermann Manufacturing appoints Vice-President of OperationsMontenegro Advances Its Green Transition With the Signing Of The Contract To Connect The SE “Tupan” Solar Power Plant To The National Grid In MontenegroOil Prices Surge Despite Record-Breaking Strategic Reserve ReleaseTwo Oil Tankers Set Ablaze Near Iraq’s Key Export TerminalsGoldman Sachs Raises Oil Price Forecast as Middle East Conflict EscalatesOil Market Shrugs Off 400MM Barrel IEA Reserve ReleaseIran crisis in focus: Industrial gases and desalination risksSAF updates: UK stack incentives, Brazil moves and Australia domestic pushShell declares force majeure on Qatar LNGIran Warns Oil Could Hit $200 per Barrel as Hormuz Threat EscalatesIranian Drone Strike Hits Oman’s Largest Oil Storage FacilityTrump to Invoke Emergency Law for California Oil Producer Sable, Bloomberg News ReportsUS Companies to Increase Oil Production Amid Iran Conflict, Interior Secretary Burgum SaysOnly Trump Can Approve Possible US Participation in Oil Release, Says BurgumOil Settles up Nearly 5% as Supply Fears Mount Despite Record Stocks Release PlanIEA Launches Record 400-Million-Barrel Emergency Oil ReleaseUrenco reports order book at record levelsConstruction of Bushehr nuclear power units ‘remains a priority’Second tier installed for Leningrad inner containment buildingStudy highlights economic impact of US fleet of AP1000sUS Gasoline Prices Surpass $3.50 a Gallon at the Pumps as Iran War Rages OnCOMMENTARY: Historic Oil Reserve Release is Only a Band-Aid on a Gaping Supply ShockTrump Announces New US Refinery Backed By India’s RelianceCOMMENTARY: Iran War Shatters Trump’s Case for Fossil FuelsCOMMENTARY: The Dangerous Politics of US Oil-Driven RedistributionActivist Shareholders Challenge BP on Rejected Climate ResolutionG7 Backs Oil Reserves Release to Curb Middle East Supply CrunchShell and TotalEnergies Issue Force Majeure After Qatar LNG Shut DownEU Mulls Capping Gas Price as Energy Costs Spike on Iran WarAramco Asks Asian Buyers for Dual Red Sea-Hormuz Oil Supply PlansNASA tests cryogenic system to produce rocket fuel on the MoonEquinor enters two-year biomethanol deal with shipping firmIEA Proposes Largest Ever Oil Release From Strategic Reserves, WSJ ReportsOil Shrugs Potential IEA Reserves Release, Gains on Supply WorriesSLB Provides Update on Middle East Operations and First Quarter OutlookJapan’s electronics gas industry continues to shrinkJapan’s electronics gas industry continues to shrinkChevron and Shell Move Closer to New Oil Deals in VenezuelaQatar’s LNG Shutdown Sends Shockwaves Through Global Gas MarketsTankers Avoid Emirati Port as Gulf War Risk Disrupts Oil ExportsCargo Ship Hit by Projectile in Strait of Hormuz as Tanker Crisis ContinuesCrude Oil Jumps 4% as Traders Price In Supply DisruptionNLC India Secures AAA Credit Rating with Stable Outlook for ₹1,000 Crore External BorrowingU.S. Solar Installations Hit 43 GW In 2025, Keeping Solar The Top Source Of New Power For The Fifth Year, Says Solar Energy Industries Association & Wood MackenzieTop Stories Of The Day: Newtrace Raises $6.3M for Green Hydrogen; Waaree Renewable Wins 300 MW Solar EPC Contract and More…SP Energy Networks And The University Of Glasgow Launch Multi-Year Partnership To Build A Sector-Leading Cyber Defence Lab And Strengthen Net Zero SkillsEU approves funding for Air Liquide BASF Belgium CCS projectPrivi Speciality Chemicals Invests ₹1.77 Crore In 16.6 MW Solar Project To Secure Green PowerPlenitude and Methagora sign 15-year biomethane deal in FranceMRI owners urged to check on magnet and helium inventoryNorway, Russia and Canada ‘will benefit most’ from higher energy pricesOil Supply Risks Mount as Iran Lays Mines in Strait of HormuzUS Crude Oil Inventories Sag As Iran War Bolsters PricesWar Creating Most Severe Energy Disruption Since 1970sLinde to build new ASU in WisconsinAbu Dhabi Ruwais refinery closes after attackAbu Dhabi Ruwais refinery closes after attackIEA Mulls Emergency Action To Unleash Oil ReservesChevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured MaduroUS Natgas Output to Hit Record High in 2026, While Demand Declines, EIA SaysFujairah Bunker Hub Disrupted as Drone Debris Damages Oil StorageEDF launches global nuclear investment and financing advisory boardDeep Fission begins drilling first data acquisition wellEnergy Secretary backs congressman’s call to reopen Indian PointRwanda ‘making significant progress’ on nuclear energy programmeFramatome and NuScale expand fuel partnershipBrent to Trade Above $95 for Next Two Months on Iran War, EIA Says

Goldman Slashes Oil Price Forecast as Demand Outlook Dims

Oil & Gas
April 4, 2025

Goldman Sachs cut its oil price forecast for 2025 by 5.5% for Brent crude and by 4.3% for West Texas Intermediate citing OPEC+ decision to bring more production…

Oil & Gas
March 12, 2026

Fujairah Oil Terminals Resume Operations After Drone Attack

Operations at the United Arab Emirates’ key oil storage and bunkering hub in Fujairah are gradually returning to normal after attacks earlier this week disrupted loading activities at several terminals.…

Oil & Gas
March 12, 2026

Ukraine Hits Major Oil Export Pipeline Hub in South Russia

Ukraine on Thursday hit in a drone attack a key pipeline hub of Russia’s crude oil exports in the southern region of Krasnodar as Kyiv intensifies strikes on Russian energy…