Why Oil Prices Haven’t Gone Crazy Despite 5 Months of US-Iran War
Halliburton Beats Estimates on Europe, Latin America Oilfield Services Demand
US War in Iran Has Cost $37.5 Billion so Far, Pentagon Says
Goldman Warns Oil Could Hit $120 as Middle East War Drags On
Oil Reverses Gains on Renewed Hope of Peace in Iran
Iran Says U.S. Struck Unfinished Nuclear Plant, Warns of Safety Risk
ADNOC Approves $6.2 Billion Gas Project in Abu Dhabi
Pakistan Shells Out Record Sums for Spot LNG as Qatar Supply Falters
India Keeps Buying Russian Oil at Near-Record Pace Despite Expired Waiver
UK Scraps 5% VAT on Electricity
US Not Currently Discussing Sale of Oil From SPR, Source Says
(Reuters) – Selling oil from the U.S. Strategic Petroleum Reserve after the U.S. and Israeli attacks on Iran is ‘not currently being discussed’, a U.S. source said on Monday. “Oil…
How Have US Presidents Tapped the Strategic Petroleum Reserve During War?
(Reuters) – While the U.S. has no plans yet to sell oil from the Strategic Petroleum Reserve, the world’s largest emergency oil stockpile, presidents have long tapped it during times…
Global Gas Markets Shocked as Qatar Ceases LNG Production
Qatar’s state-owned energy giant QatarEnergy has stopped all liquefied natural gas (LNG) production, shutting down the country’s entire LNG output after Iranian drone strikes hit its major facilities at Ras…
Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf
The world’s biggest maritime insurers and insurers’ clubs are ending war risk coverage for vessels transiting the Persian Gulf and the Strait of Hormuz, following the escalation of the conflict…
US Gasoline Prices to Rise After Attack on Iran, Analysts Warn
(Reuters) – U.S. average retail gasoline prices are set to break above $3 a gallon on Monday for the first time in more than three months as the conflict between…
Berkshire CEO Abel Seeks to Reassure Shareholders After Taking Baton From Buffett
Abel emphasizes trust, Berkshire values Analysts say Abel struck the right tone Berkshire reports declining profit for Q4, 2025 (Reuters) – Berkshire Hathaway’s new Chief Executive Greg Abel moved to put…
Venture Global’s Quarterly Core Profit Nearly Triples on Higher LNG Sales Volumes
Venture Global said on Monday its adjusted core profit nearly tripled in the fourth quarter, due to higher LNG sales volumes at the Plaquemines Project in Louisiana, sending its shares…
Diesel Jumps 17%, Outpacing Crude Oil After Weekend Conflict
The price of key petroleum fuels soared on Monday as markets opened after the Iran conflict escalated over the weekend, with the jump in diesel futures prices outpacing the surge…
Fire Disrupts Operations at Ecuador’s Biggest Refinery
The largest refinery in Ecuador was forced to suspend operations after a fire erupted in the pumps at one of the units of the 110,000 barrel-per-day Esmeraldas refinery, Ecuador’s state…
