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Europe's Gas Storage Hits Lowest Level Since 2011 as Winter Looms
Europe faces spiking natural gas prices this winter amid the lowest gas storage levels in more than ...
Waiting on US payrolls on Friday as earnings flood in
EU mid-market update: Waiting on US payrolls on Fri as earnings flood in; AI agent security concerns...
EU Industry Splits Over Emissions Trading Scheme Overhaul
European companies are concerned – in various ways – about the upcoming revamping of the EU's emissions trading scheme (ETS), the key instrument the bloc has been implementing since 2005 to curb emiss ...
Oil Prices Reflect Optimism That Hormuz Has Yet to Justify
Crude oil prices ended the second quarter of the year with the steepest decline since 2020, with Brent shedding close to 40% on optimism about a peace deal between the United States and Iran. But it m ...
Why a Supply Crunch From Iran Could Send Oil Back Below $40 a Barrel
There have recently been many warnings about near-term oil shortages stemming from the conflict in Iran. Most analysts assume that shortages mean higher prices. As I will explain, the dynamics of a se ...
US Crude Oil Inventories Keep Falling As Hormuz Flows Slow To Start
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US crude oil inventories f ...
Oil Markets Brace for a Summer of Hormuz Volatility
Brent tops $73 as renewed U.S.-Iran strikes keep Hormuz on edge, leaving oil markets vulnerable to sharp summer price swings. Hormuz Plays Red Light, Green Light as Transits Slow Down This Week - Reac ...
Oil Prices Head for Biggest Quarterly Drop Since Pandemic
As traffic through the Strait of Hormuz tentatively reopens following the U.S.-Iran deal to make a deal, oil prices on Tuesday were on track to post a 20% monthly decline and a 30% quarterly plunge in ...
Trump Pressures Gas Stations to Slash Prices "Immediately"
President Donald Trump has scolded fuel retailers for failing to cut prices at the pump, saying in a social media post “Gasoline Retailers must get their Prices down, IMMEDIATELY! They’re too high con ...
The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century
You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure required to run it, and that’s where big ...
Russia’s Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan
Grappling with a severe shortage, Russia is seeking to purchase a significant volume of gasoline from neighboring Kazakhstan. Astana appears hesitant to fulfill the request, however, apparently concer ...
Crude Prices Sink as Traders Bet on More Iranian Oil
August WTI crude oil futures kept falling sharply during the week ending June 26. Traders continued to take out the extra price they had added earlier because they worried about possible supply proble ...
China’s Crude Imports Set to Hit Weakest Level Since 2016
Chinese crude oil imports this month are on course to book an even weaker month than May, according to Kpler data, which sees the daily average at just 6.4 million barrels, as cited by Bloomberg. Data ...
Kazakhstan Lands $12 Billion in EU Deals to Expand Energy and Trade Ties
Kazakh President Kassym-Jomart Tokayev’s visit to the EU’s headquarters in Brussels has yielded agreements and MoUs potentially valued at over 12 billion dollars. The key deal involves the purchase of ...