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Woodside Output Hit by Weather Disruptions but LNG Megaprojects Stay on Track
4+ hour, 32+ min ago (458+ words) Crude Inventories Continue to Decline Amid Strong Oil Product Draws Woodside Energy reported a decline in first-quarter production, weighed down by seasonal weather disruptions, even as the company maintained high operational reliability and continued advancing its major LNG and growth…...
The Oil Supply Shock Will Scar the World for Years
5+ hour, 30+ min ago (956+ words) Crude Inventories Continue to Decline Amid Strong Oil Product Draws Nigeria flipped into a net" Oil prices have dipped below" The Middle East's oil production and the global economy will take months and even years to recover from the worst…...
While the Middle East Rebuilds, A New Energy Bloc Rises Under U. S. Direction
6+ hour, 30+ min ago (46+ words) Crude Inventories Continue to Decline Amid Strong Oil Product Draws Major importers like South Korea" First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel The Strait of Hormuz May Reopen, But the System Has Already Broken Warnings on Permanent…...
Iran War Triggers Helium Shock Threatening Global Chip Supply
7+ hour, 30+ min ago (227+ words) Volkswagen and Nissan are leaning" The U. S. blockade is damaging" Brent surges above $110 as" But the same cannot be said about another vital industrial gas: Helium. Curtailed LNG production by Qatar, coupled with blocked shipping lanes in the Strait of Hormuz,…...
Crude Inventories Continue to Decline Amid Strong Oil Product Draws
8+ hour, 45+ min ago (291+ words) IEA-led SPR release is underway," Hochschild's Q1 update shows gold" US crude inventories are up 45 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down to alleviate the pressure…...
First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel
8+ hour, 30+ min ago (379+ words) Crude Inventories Continue to Decline Amid Strong Oil Product Draws Libya is emerging as a" Major importers like South Korea" Europe's oil majors are set" Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first…...
UK Borrowing Costs Hit Highest Since 2008 as Oil Tops $111
10+ hour, 30+ min ago (593+ words) Germany Scrambles for Polish Oil Route as Russia Halts Druzhba Flows Oil markets have entered a" China's rapid expansion of AI-driven" Undersea cables, which carry the" The government's borrowing costs have risen to their joint highest level since the 2008 financial…...
Oil Spikes Above $110 on Iran War Escalation and UAE OPEC Shock Exit
13+ hour, 41+ min ago (1070+ words) Germany Scrambles for Polish Oil Route as Russia Halts Druzhba Flows Wall Street is beginning to" The U. S. blockade of Iran" Undersea cables, which carry the" Brent surges above $110 as fears grow that the U. S. -Iran war could drag into a prolonged…...
Aramco Deepens Push Into AI and Advanced Technologies
9+ hour, 30+ min ago (482+ words) Germany Scrambles for Polish Oil Route as Russia Halts Druzhba Flows U. S. states are scaling back" Mercuria, Goldman and JPMorgan warn" UK gilt yields have climbed" Saudi Arabia's energy giant Aramco is best known for its energy investments, but the company…...
Iran Reactivates Derelict Tanker as Kharg Island Nears Storage Limit
12+ hour, 30+ min ago (449+ words) Germany Scrambles for Polish Oil Route as Russia Halts Druzhba Flows Analysts expect sustained higher oil" Nigeria flipped into a net" Over $1 B in "perfectly timed" Trump's blockade is having a predictable effect on Iran's economy and oil industry, with…...