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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...
China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse
Chinese refiners reduced their run rates to the lowest in four years as crude imports dropped to an eight-year low, Bloomberg reported today, citing official statistics data. The average run rate for ...
An Oil Deal That Ended a War Nobody Won
What happened today is best described, despite much more dramatic categorizations coming out of Tehran and Washington, is a 60-day ceasefire extension, now reportedly signed by both parties, that reop ...
New Estimates Challenge Assumptions About Lost Gulf Oil Supply
In the immediate aftermath of the U.S. and Israeli strikes on Iran that prompted the latter to shut down the Strait of Hormuz, most reports dealt with numbers—numbers showing the amount of oil supply ...
U.S. Average Gasoline Prices Slide Below $4 Per Gallon
Patrick De Haan, a petroleum analyst at GasBuddy, wrote on X that the national average price of gasoline has finally slipped below the politically sensitive $4-a-gallon level for the first time in man ...
Venezuela’s Oil Exports Hit Seven-Year High as Global Buyers Return
Venezuela’s oil production and exports are set to increase in the coming months as the United States further eases the rules of operating in the world’s biggest crude resource holder after taking cont ...
JP Morgan: Falling Oil Prices A Massive Tailwind For Global Stock Markets
Tumbling oil prices could provide a massive tailwind for global stock markets by prompting a broader equity rally and clearing a path for central banks to cut interest rates, Karen Ward, the Chief Mar ...
Danish Energy Trader Eyes U.S. Gas Markets After Trading Profits Collapse
Goldman Sachs-backed Danish energy trader InCommodities is expanding into U.S. physical natural gas markets after profits plunged as volatility faded across European energy markets, Bloomberg reported ...
From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up
Oil exports from the U.S. and its ‘Americas’ sphere of influence continue to be the prime beneficiary from the drop in crude output leaving the Middle East. Industry figures showed dirty tanker shipme ...
European Gas Prices Tumble 6% On US-Iran Peace Deal
European natural gas prices plummeted by roughly 6% following the announcement of a landmark US-Iran framework agreement, with the breakthrough significantly easing market anxiety over prolonged energ ...
Ukraine’s New Refinery Tactic Is Fueling Russia’s Gasoline Crisis
Russia’s deputy prime minister kept walking but couldn't shake off a gaggle of reporters with questions about the country’s growing fuel crisis. Aleksandr Novak admitted oil production had fallen due ...
Russia Eases Environmental Rules for Domestic Fuel amid Shortages
Russia’s government has authorized some refineries to produce gasoline and diesel with higher sulfur content and other lower environmental specifications in a bid to alleviate the ongoing fuel shortag ...
The $42 Trillion Oil Opportunity Hiding in Plain Sight
Without ever discovering another barrel, at today’s prices, there is more than $42 trillion in crude oil trapped in existing oilfields, awaiting the deployment of advanced new technology that makes th ...