Oil Steadies as Investors Eye Ukraine War, Tariffs on India

Summary Witkoff to meet Ukrainians in New York this week Trump’s doubling of tariffs hits India API shows US crude, products inventories fall, sources say Russia lifts August crude exports…

South Korea, US to Deepen Nuclear Energy Partnership, Seoul Says

U.S. and South Korean army soldiers take part in a U.S.-South Korea joint river-crossing exercise, which is a part of the annual Freedom Shield joint military training, in Yeoju, South…

Charted: The Shift in Global Energy Investment (2015-2025)

By Key Takeaways In 2025, global renewable energy investment is projected to hit $780 billion, outpacing oil investment by $237 billion. Over the past decade, investment in renewables has surged…

A Timeline of Trump’s Moves to Dismantle the US Wind and Solar Energy Industries

By (Reuters) – U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of…

Trump Tariffs Force Much-Needed Petrochemicals Contraction

FILE PHOTO: A general view of chemicals group BASF’s plant in Schwarzheide, Germany, November 1, 2022. REUTERS/Lisi Niesner/Pool/File Summary Petrochemicals supply to exceed demand by 20-25% by 2030 South Korea…

  • Gas
  • August 27, 2025
US Commerce axes $7.4bn Natcast semiconductor funds over ‘unlawful’ setup

The US Commerce Department has revoked up to $7.4bn semiconductor research grant following claims that the Biden administration unlawfully established the National Center for the Advancement of Semiconductor Technology (Natcast)…

US Oil and Products See Draw Across the Board

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, dropping by 974,000 barrels in the week ending August 15. Analysts had expected…

China’s Industrial Profits Shrink 1.7% as State Firms Falter

China’s industrial sector remains under pressure, as total profits among large-scale industrial enterprises slid 1.7% year-over-year in the January–July period, totaling CNY 4.02 trillion, according to the National Bureau of…

Goldman Sees Oil Falling Below $55 in 2026

Goldman Sachs commodity analysts expect Brent crude to slump to the low $50s next year, citing an expected oversupply of some 1.8 million barrels daily towards the end of the…

OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns

There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at…