Oil Slides as Middle East Uncertainty Keeps Markets on Edge

Summary US-Israeli campaign against Iran could end within two to three weeks, Trump says Uncertainty over how supply chains can be revived OPEC oil output falls in March, Reuters survey…

US Crude Oil Inventories See Surprise 10 Million Barrel Spike

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a staggering 10.263 million barrels in the week ending March 27. In the week…

India’s Aviation Market Rocked by Wild Jet Fuel Price Swings

Indian Oil Corp. earlier today raised jet fuel prices for local airlines significantly, before cutting them sharply hours later, media are reporting, as the world’s third-largest importer of crude grapples…

OPEC Output Plunges by 7 Million Bpd as War Chokes Supply

Crude oil production by OPEC members dropped by 7.2 million barrels daily last month, according to a Reuters survey using data from platform LSEG and analytics information providers, including Kpler,…

Brent Oil Dips Below $100 as Trump Signals End to Iran War

Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a week, after U.S. President Donald Trump signaled the…

Oil Prices Plunge on De-Escalation Hopes

Oil prices plunged today on fresh de-escalation hopes, Naeem Aslam, CIO Zaye Capital Markets, said in a statement sent to Rigzone on Wednesday. In the statement, Aslam highlighted that West…

Top Stories Of The Day: TrueRE Oriana Secures Green Ammonia Deal; Serentica Signs 32 MW RTC PPA and More…

TrueRE Oriana Power has signed a long-term green ammonia purchase agreement with SECI, marking a major step for India’s green hydrogen push. The deal covers annual supply of 60,000 tonnes…

Explained: Why DC Distribution Boxes (DCDB) Are Critical For Safety And Performance In Utility-Scale Solar PV Plant

In a utility-scale solar PV plant, multiple solar panels are connected in series to form strings, and several strings are combined before sending power to the inverter. This is where…

EU Solar Power Saves Over €110 Million Per Day During Middle East Conflict, New SolarPower Europe Study Finds

New research from SolarPower Europe shows that existing solar energy capacity across the European Union has saved the region more than €110 million per day since the outbreak of the…