June 29, 2026 Middle East Oil Production Rebounds to 15 Million Bpd Crude oil production in the Middle East rebounded to between 14.6 million bpd and 15 million bpd earlier this month amid the ceasefire between Iran and the United States, the […] Oil Price
June 29, 2026 U.S. Pipeline Giant Eyes $5.5 Billion Deal to Expand LNG Reach U.S. natural gas pipeline giant Williams could be close to one of its biggest acquisitions ever as it is in late-stage talks to acquire gas pipeline operator Momentum Midstream in […] Oil Price
June 29, 2026 Strait of Hormuz Tanker Traffic Slows After Fresh U.S.-Iran Strikes Tanker traffic through the Strait of Hormuz has eased since late last week as vessel owners and operators remain cautious amid the renewed hostilities between Iran and the United States […] Oil Price
June 29, 2026 Oil Prices Climb as U.S.-Iran Flare-Up Shakes Market Complacency Oil prices were climbing early on Monday morning after a fresh escalation between the U.S. and Iran over the weekend. The price rise was relatively delayed, as markets continue to […] Oil Price
June 29, 2026 Gulf Producers Race to Load Oil and LNG as Hormuz Stays Open Saudi Arabia, the United Arab Emirates, and Qatar continue loading oil and LNG onto vessels at their Persian Gulf ports despite the attacks on two commercial vessels near the Strait […] Oil Price
June 26, 2026 Qatar Offers First Crude Loadings to Buyers Since War Began Qatar is tendering crude for loading outside the Strait of Hormuz in July and August, in what is likely the first Qatari crude offering to buyers since the Iran war […] Oil Price
June 26, 2026 Qatar’s LNG Recovery Picks Up Speed as Tankers Mass at Ras Laffan As many as eight empty LNG carriers have arrived at the Ras Laffan hub in Qatar and are set to load on superchilled gas in the coming days, Bloomberg has reported. […]
June 26, 2026 Saudi Arabia Set to Slash Oil Prices as Hormuz Reopens Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August, as Middle East’s crude benchmarks crashed amid the tentative reopening of the […] Oil Price
June 26, 2026 Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group grants the […]
June 25, 2026 Natural Gas Prices Set to Ease as Qatar Restores LNG Output Natural gas markets are on course to return to balance in the third quarter of the year as the Strait of Hormuz reopens, the head of the Gas Exporting Countries […] Oil Price
June 25, 2026 Qatar Signs Crude Deal With Taiwan as Gulf Oil Trade Recovers In the latest sign of recovering oil flows in the Persian Gulf, Qatar inked a deal with a Taiwanese refiner for the sale of a cargo of Al-Shaheen crude, Bloomberg reported today, […] Oil Price
June 25, 2026 Iraq Could Quit OPEC in Bid to Pump More Oil OPEC’s second-largest producer, Iraq, is considering exiting the cartel if the organization rejects Baghdad’s plan to boost its oil production quota in line with some of the other members, sources […] Oil Price
June 25, 2026 $70 Oil Could Put India Back on Track for 7% Economic Growth India’s economy could return to the trajectory to grow by 7% and even more in the fiscal year through March 2027 if oil prices remain close to the current $70 […] Oil Price
June 25, 2026 China to Increase Fuel Export Allowances for July China is raising the volume of fuels it is allowing state refiners to export, in a move that would alleviate concerns about tight refined petroleum supplies in Asia. China’s authorities […] Oil Price
June 24, 2026 Qatar Says LNG Exports Could Return to Normal Within Weeks Qatar will be back to normal production of liquefied natural gas in a few weeks, the country’s prime minister, Sheikh Mohammed bin Abdulrahman al-Thani, told the Financial Times today. “Within a few […] Oil Price
June 24, 2026 India Cuts Coal Imports as Power Plants Turn to Domestic Fuel India is boosting the share of domestic coal used in power plants designated to run on imported fuel, as rising local coal production and expanding renewables have helped to cut […] Oil Price
June 24, 2026 Euro Sinks To One-Year Low As Oil Price Drop Fuels ECB Rate Cut Bets The euro has sunk to a one-year low, with easing of tensions between the United States and Iran helping to cool oil prices and raise expectations that the European Central Bank will […] Oil Price
June 24, 2026 Adani Targets 10 GW Nuclear Power Capacity in India by 2035 Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened […] Oil Price
June 24, 2026 Euro Sinks To One-Year Low As Oil Price Drop Fuels ECB Rate Cut Bets The euro has sunk to a one-year low, with easing of tensions between the United States and Iran helping to cool oil prices and raise expectations that the European Central Bank will […] Oil Price
June 23, 2026 India Boosts U.S. LPG Imports to Record High Despite higher prices, India is set to import the biggest ever volumes of liquefied petroleum gas (LPG) from the United States in June as it seeks to replace still-constrained supply […] Oil Price
June 23, 2026 IOC’s Tanker Tender Comes Up Empty as Hormuz Risk Lingers Indian Oil Corporation (IOC), the biggest refiner in the country, did not receive any bids in a tender to charter three tankers to pick up crude and gas from the […] Oil Price
June 23, 2026 Oil Prices Continue to Slide as Peace Talks Progress Crude oil prices extended their decline today, with Brent crude sliding to $77.51 per barrel at the time of writing, and West Texas Intermediate at $73.62 per barrel, on reports that the United States […] Oil Price
June 23, 2026 UK Has Enough Electricity for Winter Despite Energy Market Turmoil The UK will have sufficient electricity supply this winter despite the Strait of Hormuz crisis, NESO, the country’s grid operator, said today. “While we will continue to monitor global energy […] Oil Price
June 23, 2026 Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including […] Oil Price
June 23, 2026 Iran Says U.S. Agreed to Unblock $12 Billion in Frozen Funds Iran and the United States have reached an agreement under which the U.S. would release $12 billion in frozen Iranian funds, Mohammad Bagher Ghalibaf, Iran’s top negotiator, said on Tuesday, […]
June 22, 2026 Qatar Races to Restore LNG Exports Despite Ras Laffan Setback Qatar is calling back empty LNG carriers in preparation for the restart of exports despite ongoing repairs at the Ras Laffan complex, and an explosion that rocked the facility on Sunday. Three […] Oil Price
June 22, 2026 Analysts Warn China’s Oil Demand May Never Fully Recover China’s crude oil imports could remain permanently depressed, energy analysts have predicted, citing demand destruction resulting from the electrification of transport in the world’s largest oil importer. “Consumer behavior can […] Oil Price
June 22, 2026 Explosion at Qatar’s Ras Laffan LNG Injures Dozens More than fifty people were injured, and 18 were still unaccounted for as of early Monday following an explosion and a fire at Qatar’s key LNG site, Ras Laffan, due […] Oil Price
June 22, 2026 Kuwait Offers Gulf Oil Loadings as Producers Seek Hormuz Outlet Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments […] Oil Price
June 22, 2026 China Builds New LNG Hub as Russian Imports Surge China is preparing a second terminal to receive sanctioned Russian liquefied natural gas (LNG), as the country’s gas imports surge. According to an exclusive report by Reuters, the newly built Longkou […] Oil Price
