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Japan Weighs Releasing More Oil Reserves as Hormuz Risks Persist
2+ hour, 4+ min ago (322+ words) Across Asia, shortages of naphtha" Britain is urging major economies" Japan is weighing the idea to release in May another batch of oil stocks from reserves to provide about 20 days of oil consumption, amid continued uncertainty about tanker transits through…...
Chinese Oil Tankers Attempt to Exit the Strait of Hormuz
3+ hour, 14+ min ago (511+ words) Oil markets are on edge" The crisis highlights that export" Two Chinese oil tankers carrying Iraqi and Saudi crude sped up on Thursday morning toward the exit of the Strait of Hormuz, before coming to a halt just at the…...
Sanctioned Russian LNG Finds Buyers in Asia at Deep Discounts
4+ hour, 54+ min ago (342+ words) Grid-scale batteries are rapidly moving" Russia has offered several cargoes of liquefied natural gas from Novatek's Arctic LNG 2 facility to South Asian buyers, Bloomberg has reported, noting the facility is under U. S. , EU, and UK sanctions. Citing unnamed sources, the publication…...
Petrobras Shakes Up Leadership Amid Governance Transition
2+ day, 10+ hour ago (245+ words) Sanctioned Russian LNG Finds Buyers in Asia at Deep Discounts Brazil's state-controlled oil major Petrobras has announced a set of leadership changes, reshaping both its board of directors and executive management as it navigates a critical governance transition. The company…...
Libya's National Oil Company Reports Three New Oil and Gas Discoveries
8+ hour, 13+ min ago (156+ words) Sanctioned Russian LNG Finds Buyers in Asia at Deep Discounts Libya's National Oil Corporation has announced a trio of new hydrocarbon discoveries with Eni, Repsol, and Sonatrach, in a sign that exploration activity is gaining traction again across some of…...
Goldman Cuts Oil Price Forecasts After Ceasefire Announcement
6+ hour, 29+ min ago (379+ words) Canada's energy debate is intensifying" President Trump issued an aggressive" Goldman Sachs updated its price expectations for crude oil late on Wednesday following the news of a ceasefire deal between Iran and the United States, just hours before reports started…...
Oil Prices Rise as Iran Signals Hormuz Closure
7+ hour, 30+ min ago (387+ words) Across Asia, shortages of naphtha" U. S. chemical companies are benefiting" Iran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with the United States. According to reports, Iran considers Israel's continued and intensifying…...
Tehran Takes the Strait " and the Premium
13+ hour, 34+ min ago (161+ words) Iran Attacks Saudi Arabia's East-West Oil Pipeline Oil markets are turning chaotic" Iran is trying to lure" India has more than doubled" Washington's response has emphasised the limits of policy in the face of physical shortages. On March 12, the US…...
Petrostates Without Oil Export Routes Take the Hardest Hit
14+ hour, 34+ min ago (185+ words) Iran Attacks Saudi Arabia's East-West Oil Pipeline Asian and Middle Eastern investors" Iran is trying to lure" Illegal taps on Ecuador's fuel" The war that the United States and Israel started against Iran at the end of February has cost…...
Why Pressure Toppled Caracas but Not Tehran
16+ hour, 34+ min ago (929+ words) Iran Attacks Saudi Arabia's East-West Oil Pipeline There is no second supplier." Tesla is settling into a" US and Israeli strikes hit" Just over a month since President Donald Trump's decision to go to war with Iran, taken in the…...
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