Indian Refiner MRPL Declares Force Majeure on Gasoline Exports

Indian state-run refiner Mangalore Refinery and Petrochemicals Limited (MRPL) has declared force majeure on all planned gasoline export cargoes for March and April as the Middle East war is halting…

QatarEnergy Declares Force Majeure After Halting LNG Production

QatarEnergy has declared force majeure on liquefied natural gas (LNG) supplies after suspending production at key export facilities, sending fresh shockwaves through global energy markets already rattled by the escalating…

Trump to Meet Tech Giants on Energy Pledge Ahead of Midterms

Summary Trump hosts tech leaders to pledge to shield consumers from energy price spikes Effort aims to ease voter concerns over higher electricity bills Companies expected to commit to efficiency…

There is Little US LNG Producers Can do to Immediately Replace Lost Qatari Cargoes

Summary US LNG plants running near full capacity, limiting the potential for output increase amid Qatar disruptions Venture Global has the most flexibility, with higher percentage of spot market sales…

Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel

March 4 (Reuters) – Goldman Sachs  raised on Wednesday its second-quarter 2026 average price forecast for Brent crude ​oil by $10 to $76 per barrel and for WTI by $9…

Hormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth Day

The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for…

Asian LNG Prices Soar to Three-Year High

Liquefied natural prices on the Asia spot market surged to the highest in three years after QatarEnergy suspended production following Iranian strikes on its LNG facilities. According to traders quoted…

Goldman Sachs Hikes Q2 Brent Oil Price Forecast by $10

The all but halted flows via the Strait of Hormuz will deplete oil inventories in advanced economies, prompting a rise in oil prices, Goldman Sachs said on Wednesday as it…

Barclays Warns Grid Constraints Could Strand Renewables Assets

Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and supply chain hurdles limit the value that these assets could deliver, Barclays…