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Equities: Investors weigh Iran risks and IT growth – Danske Bank
Danske Research Team observes that equities fell on Friday, led by Europe, as renewed concerns aroun...
Starmer on brink of quitting as UK prime minister
Labour leader is under intense pressure to set out timetable for transition of power...
Solar Tops Coal in U.S. Power Mix for the First Month Ever
Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a report on Wednesday. ...
Kazakhstan Oil Buyers Demand More Supply as Hormuz Closure Tightens Market
Customers buying oil from Kazakhstan are urging the OPEC+ producer to ramp up crude supply and deliver the maximum available volumes, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said on Wednesday. ...
U.S. to Release LNG and LPG Reserves to ASEAN Countries
The United States will release liquefied natural gas and liquefied petroleum gas from its strategic reserves to sell to ASEAN members, Deputy Secretary of State Christopher Landau said today at an ASE ...
Oil Prices Jump After U.S. Strikes Iran Over Downed Apache
Oil prices jumped in early Asian trading on Wednesday after the United States launched what it described as self-defense strikes against Iranian military targets near the Strait of Hormuz. At the tim ...
America Just Added a Massive New Rare Earth Supply Source
REalloys (NASDAQ: ALOY) has signed an agreement that could give it priority access to up to 30% of production from a 2-billion-ton Appalachian rare earth resource network, expanding its growing pipeli ...
Disconnected Oil Futures Market Could See Price Spike within Weeks
For more than three months, oil market participants have hoped that the Middle East conflict would be resolved any day now, while about 13 million barrels per day (bpd) have been wiped off global supp ...
Nuclear and Natural Gas Are Teaming Up to Power the AI Data Center Boom
Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes ...
QatarEnergy Adds Another Oil Discovery to Namibia's Hot Streak
QatarEnergy has struck oil again offshore Namibia, adding another discovery to what is becoming one of the most impressive exploration runs in the industry. The company announced that its Merlin-1X ex ...
World's Largest Battery Maker Bets Big on Energy Storage
The world’s top battery manufacturer, CATL, expects sales of battery storage systems to account for half of its total sales in the coming years, signaling strong optimism about the battery storage sec ...
Why Argentina’s Shale Boom Matters for Global Energy Markets
Argentina’s epic unconventional oil boom is going from strength to strength. At the end of 2024, South America’s third-largest economy emerged as the continent’s fourth-largest oil producer. After pro ...
Ceasefire Caps Oil Rally as China Demand Weakens
Supertankers Are Back in Fashion as Hormuz Risk Rewrites Oil Trade - The US-Iran crisis has engendered a shipbuilding boom, with the global orderbook for supertankers soaring to an all-time high as sh ...
Kuwait Offers First Crude Cargoes to Asia since Iran War Started
Kuwait, one of OPEC’s top producers and one of the exporters most affected by the near-closure of the Strait of Hormuz, is offering its crude to Asian buyers for the first time since the Iran war chok ...