Aramco CEO Warns Oil Inventories Are ‘Scarily Thin’
EU Electric Vehicle Sales Hit Record as Fuel Prices Surge
Indian State Firm BPCL Readies $3-Billion Bond to Fund Brazil oil Project
10 minutes with… Altura Energy
Air Liquide uses AI in over one-third of ‘critical processes’
AI chip demand to drive Air Liquide electronics sales above €4bn by 2030
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
Hormuz LNG Flows Still Down More Than 75% Despite Rebound
Japan Rules Out More Reserve Releases After G7 Pledges 100 Million Barrels
South Korea Plans to Triple Canadian Crude Imports as Saudi Share Slips
Iran War is One ‘TACO’ Too Far: McGeever
(Reuters) – The “Trump always chickens out” investment strategy – buying beaten-down stocks on the assumption that the U.S. president will ultimately back down from his more extreme policies –…
US Natgas Prices at Waha Hub in Texas Remain Negative for Record 25th Day
(Reuters) – U.S. spot natural gas prices for Thursday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 25th straight day…
US Navy Could Escort Vessels in Strait of Hormuz With International Coalition, Bessent Says
(Reuters) – The U.S. Navy, perhaps with an international coalition, will escort vessels through the Strait of Hormuz when it is militarily possible, U.S. Treasury Secretary Scott Bessent told Sky…
Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market
By BOCA RATON, Florida, March 12 (Reuters) – The heads of a number of top exchanges, including CME Group (CME.O) and Toronto Stock Exchange parent TMX Group (X.TO), oppose any…
US Department of Energy to Invest $1.9 Billion for Power Grid Upgrades
March 12 (Reuters) – The U.S. Department of Energy will invest about $1.9 billion to accelerate upgrades of power grids in the country, it said on Thursday. U.S. power consumption…
Trump Touts Oil Price Gains, Saying ‘We Make a Lot of Money,’ Angering Lawmakers
By and Lawmakers say Trump prioritizes oil companies over consumers Energy Secretary Chris Wright says $200-a-barrel oil unlikely Oil prices up despite U.S. efforts to control them WASHINGTON, March 12…
Iraq to Hold Oil Output Near 1.4 Million Bpd as War Strangles Exports
Iraq will maintain crude oil production at roughly 1.4 million barrels per day as the war disrupting the Persian Gulf continues to cripple the country’s export routes, Oil Minister Hayan…
Ukraine Hits Major Oil Export Pipeline Hub in South Russia
Ukraine on Thursday hit in a drone attack a key pipeline hub of Russia’s crude oil exports in the southern region of Krasnodar as Kyiv intensifies strikes on Russian energy…
Fujairah Oil Terminals Resume Operations After Drone Attack
Operations at the United Arab Emirates’ key oil storage and bunkering hub in Fujairah are gradually returning to normal after attacks earlier this week disrupted loading activities at several terminals.…
East-West Pipeline Key to Saudi Arabia’s New Oil Export Strategy
As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is scrambling to hike its oil exports via the Red Sea route by boosting east-west pipeline…
