US Says Airline Jet Fuel Costs Jumped $1.8 Billion or 56% in March
(Reuters) – Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S. Transportation…
Average U.S. Gasoline Price Tops $4.50 to Near Four-Year High
The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy,…
Lufthansa Warns Strait of Hormuz Closure Will Add $2 Billion in Fuel Costs
Lufthansa Group expects the surge in jet fuel prices to cost it an additional $2 billion this year as the closure of the Strait of Hormuz “is leading to a…
UAE advances graphene production through Dana Gas-Levidian deal
By 18 min ago 4 min read UAE-based Dana Gas has signed a deal with UK cleantech firm Levidian to develop a graphene production site in Sharjah, as the country…
SpaceX plans $55bn Terafab chip facility in Texas
By 27 min ago 2 min read US space exploration company SpaceX plans to build a $55bn semiconductor manufacturing and advanced computing fabrication facility in Grimes County, Texas. The Terafab…
“AI”ING IT: Exxon Using AI for Faster Analysis of Guyana’s Oil Fields, VP of Exploration Says
(Reuters) – Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company’s vice president of exploration,…
COMMENTARY: Trump Broke OPEC. He May Regret It: Bousso
(Reuters) – U.S. President Donald Trump’s military forays in Venezuela and Iran have weakened OPEC more than anyone thought possible just months ago. The White House may view this as…
NRG Energy Misses Quarterly Profit Estimates on Mild Texas Weather, Higher Costs
May 6 (Reuters) – Power producer NRG Energy on Wednesday missed Wall Street estimates for first-quarter adjusted profit, hurt by milder weather in Texas and increased costs. Get the Latest US…
US Gasoline Prices Top $4.50 a Gallon as Summer Driving Season Nears
Summary Strait of Hormuz disruptions, refinery issues dent fuel supply Analysts warn prices could rise further if war persists Morgan Stanley: US gasoline inventories falling faster than usual despite high…
Europe’s Gas Market Braces for Winter Shock as Traders Bet Prices Could Double
The options market of European natural gas futures of the past week suggests that traders fear the benchmark gas prices could more than double in the coming winter as the…


Russian Oil Flows to India Plunge to 310,000 Bpd
U.S. and Russia Discuss Reviving Russian Gas Sales to Europe
Gevo delivers 10,000 CDR credits from North Dakota BECCS facility
GCE opens India medical gas centre amid healthcare infrastructure expansion
First Deep-Gulf Tanker Attack in Nearly a Month Hits Vessel off Qatar
India’s Inflation Likely Hit 5.4% in September as Oil Costs Bite
Equinor Finds New Gas at Norway’s 40-Year-Old Gullfaks Field
EIA Boosts Oil Price Forecast by $5 in 2026, $10 in 2027
Hormuz Tanker Traffic Hits Two-Month Low as Attacks Surge








