Trump and Iran Signal No Quick End to War as Oil Tankers Burn in Iraqi Waters
US to Release 172 Million Barrels of Oil From Strategic Petroleum Reserve
Goldman Sachs Raises Q4 Brent, WTI Crude Price Forecast Amid Longer Hormuz Disruption
Trump Taps Strategic Petroleum Reserve in Response to Iran Shipping Attacks
China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply
Iran May Allow Indian Tankers Through Hormuz Despite Ongoing Shipping Attacks
Oman Evacuates Key Oil Port as Iran War Intensifies
Australia identifies A$300bn clean energy opportunities
Iran crisis in focus: Round-up of all our coverage
Middle East CCUS forecasts almost halve
Bilibino’s units being shut down for decommissioning
The first of the three 12 MWe EGP-6 light water graphite-moderated reactors to be taken offline was Bilibino Unit 2. Unit 3 is scheduled to be shut down on 11 December,…
TAE, UKAEA create joint venture
At the centre of the partnership is the new joint venture TAE Beam UK – a collaborative entity that will harness the partners’ collective scientific leadership, commercialisation experience and market innovation…
Pipeline Operator Enbridge Forecasts Higher 2026 Core Profit
(Reuters) – Enbridge on Wednesday forecast higher core profit for 2026, as the Canadian pipeline operator expects to benefit from strong demand and new projects entering service. The company projected…
US Crude Oil Imports From Mexico Fell to Record Low Last Week, EIA Says
(Reuters) – U.S. crude oil imports from Mexico fell by 431,000 barrels per day (bpd) to a weekly record low of 131,000 bpd in the week ended November 28, according…
US Crude, Gasoline Stocks Rise, Distillate Inventories Fall, EIA Says
(Reuters) – HOUSTON, Dec 3 – U.S. crude and gasoline stocks rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 574,000…
Technical Glitch Allowed Some Traders to Access US Oil Market Data Earlier Than Others
(Reuters) – The U.S. Energy Information Administration published its weekly petroleum status report more than half an hour later than expected on Wednesday due to technical issues, although some traders…
Cuba Plunges Into Darkness After Electrical Grid Failure
For the fifth time this year, Cuba suffered a massive power outage after a partial collapse of the electrical grid early on Wednesday. The capital city of Havana and many…
China’s Oil Demand to Remain Weak Until At Least Mid-2026
China’s oil demand will likely stay tepid for months ahead, at least until the middle of 2026, according to private refiner Hengli Petrochemical. “It’s difficult to find a very bright…
Global Supply Woes Push Copper Past $11,400 Per Ton
Soaring copper orders from South Korea and Taiwan led to the biggest rise in requests for withdrawals from London Metal Exchange warehouses since 2013, pushing copper prices to a new…
Saudi Arabia Starts Natural Gas Production at Giant Jafurah Project
Saudi Arabia has launched production at the giant Jafurah natural gas field, the largest non-associated gas development in the Kingdom, which is key to the Saudi goal to significantly boost…
