US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows
(Reuters) – U.S. natural gas futures fell about 4% to an eight-week low on Friday on forecasts for less hot weather than previously expected over the next two weeks, an…
Helium projects need partnerships from ‘day one’ to meet global deficit
By 18 min ago 2 min read At a time of instability within the helium market, partnerships are becoming increasingly critical to securing the next wave of helium supply and…
Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate
Crude oil prices were on course for a weekly gain today as hostilities between the United States and Iran flared up again earlier in the week. At the time of…
India Expands Strategic Oil Reserves With New ONGC Storage Plan
India’s ONGC plans to build up a strategic national reserve of crude totalling 1.75 million tons, or 12.8 million barrels. The company would also ask the government to allow the…
More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities
Close to half a dozen liquefied natural gas carriers have gone into the Strait of Hormuz in the past few days and six have exited the strait, despite the recent…
Fuel Refining Margins Hit Record Highs as Markets Tighten
Refining margins for gasoline and diesel jumped this week to new record highs after the re-escalation in the Middle East, Russia’s ban on diesel exports, and crumbling global fuel inventories.…
IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast
Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities…
ADNOC Orders $900 Million in New LNG Carriers to Expand Global Fleet
ADNOC Logistics and Services has placed a $900-million order for four newbuild LNG carriers to expand its fleet as Abu Dhabi’s national oil company seeks to boost gas exports to…
India’s State Nuclear Firm In Search of Global Uranium Assets
Indian state-owned NTPC Ltd, the biggest utility in the country, is looking to acquire stakes in uranium assets globally to secure fuel for the expected massive expansion of India’s nuclear…
US-Iran Escalation Could Threaten 2027 Oil Market Surplus, IEA Says
Summary IEA 2027 forecasts imply 4.62 million bpd surplus vs 860,000 bpd deficit in 2026 Global oil supply up 4.1 million bpd month-on-month in June, IEA says Demand seen dropping…


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