September 15, 2026 LNG Demand in China and India Could Surge When Prices Normalize Oil Price Depressed LNG demand in recent months in China and India is the result of spiking LNG prices due to the Middle East conflict, and consumption in the key Asian gas […] Oil Price
September 15, 2026 UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion Oil Price A new fiscal regime in the UK from 2027 could deliver an additional £14.9 billion, or $20 billion, to Britain’s revenues, the leading offshore industry group said in its annual […] Oil Price
September 15, 2026 Australia’s Energy Minister Heads to Saudi Arabia for Pipeline Answers Oil Price Australian Energy Minister Chris Bowen will travel to Saudi Arabia next week to meet with Saudi Energy Minister, Prince Abdulaziz bin Salman, and get the latest updates on the state […] Oil Price
September 15, 2026 China’s Yuan Crude Oil Futures Jump to Record High Oil Price The yuan-denominated crude oil futures trading in China hit this week their highest level since the contract was launched in 2018 as escalating threats to Middle East’s oil supply and […] Oil Price
September 14, 2026 Oil breaks $107 mark amid growing supply fears Shafaq News Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of […] Oil Price
September 14, 2026 Gold prices dip across Baghdad, Erbil markets Shafaq News On Monday, gold prices fell in Baghdad and Erbil markets, hovering around 950,000 IQD per mithqal, according to a Shafaq News survey. Gold prices on Baghdad’s Al-Nahr Street recorded a […]
September 14, 2026 Oman Energy Minister Says Middle East Needs to Diversify LNG Export Routes Oil Price The Middle East needs alternative export routes for liquefied natural gas that bypass the Strait of Hormuz, Oman’s Minister of Energy and Minerals said at Gastech today. LNG exports from […] Oil Price
September 14, 2026 Middle East Oil Routes Under Pressure as Hormuz Traffic Tumbles Oil Price The number of commodity vessels observed to have transited the Strait of Hormuz crumbled to single digits this weekend, and risks to supply from the Middle East soared after Saudi […] Oil Price
September 14, 2026 Asian Refiners Seek Answers After Saudi Pipeline Shutdown Oil Price Asian refiners are not sure yet how the shutdown of the key Saudi East-West oil pipeline to the Red Sea would affect oil loadings at the port of Yanbu. Saudi […] Oil Price
September 14, 2026 Europe Gas Prices Jump 6% as Saudi Pipeline Shutdown Rattles Markets Oil Price Europe’s benchmark natural gas prices jumped by 6% at Monday market opening in Amsterdam as oil prices rallied amid the escalation in the Middle East that threatens the recovery of […] Oil Price
September 14, 2026 Chevron Expects LNG Prices To Remain High in the Short Term Oil Price LNG prices are set to remain at elevated levels over the next few months amid the massive supply disruption from the Middle East, Chevron Australia says. “I have a hard […] Oil Price
September 11, 2026 U.S. Oil Rig Count Rises as Oil Tops $100 The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the […]
September 10, 2026 Oil prices surge past $100 target mark Shafaq News Oil prices held firm on Thursday after Brent crude breached $100 a barrel, with traders bracing for deeper supply disruptions as Iran and the United States launched their largest attacks […] Oil Price
September 10, 2026 Gold prices fall in Baghdad, hold steady in Erbil Shafaq News Gold prices declined in Baghdad on Thursday while holding steady in Erbil, according to a Shafaq News market survey. In Baghdad’s Al-Nahr Street wholesale market, one mithqal —equivalent to five […] Oil Price
September 10, 2026 Oil Holds Above $100 as U.S.-Iran Tanker War Escalates Oil Price Crude oil prices held near recent highs after rallying sharply earlier this week, with gains driven by an escalation in the U.S.-Iran conflict and intensifying attacks on tankers in the […] Oil Price
September 10, 2026 Australia Softens Gas Reservation Rule for LNG Exporters Oil Price Australia’s government has relaxed gas supply rules for producers aimed at securing enough gas for the domestic market. Originally, the rules stipulated that producers should reserve 20% of output for […] Oil Price
September 10, 2026 India Calls for Bigger Biofuel Push as Oil Prices Soar Oil Price India needs to expand biofuel production and consumption to boost its energy security as crude oil prices soar amid the Middle East crisis, according to Tarun Kapoor, an adviser in […] Oil Price
September 10, 2026 Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar Oil Price Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and […] Oil Price
September 10, 2026 Clean Hydrogen Investment Tops $130 Billion Oil Price The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more than 570 projects, as energy […] Oil Price
September 10, 2026 IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply Oil Price Soaring LNG prices due to the Strait of Hormuz blockage are prompting economies to shift to alternative energy sources, pushing coal demand to a another record high this year, the […] Oil Price
September 9, 2026 Pakistan’s Energy Crisis Set to Ease as Qatari LNG Breaks Through Hormuz Oil Price Pakistan is about to get some energy relief with tankers carrying Qatari LNG set to arrive in the country this month. The first cargo is seen arriving as early as […] Oil Price
September 9, 2026 Rising Oil Prices Threaten China’s Independent Refiners Oil Price Chinese independent refiners may be about to start reducing their processing rates as international oil prices rise and supply from major exporters such as Venezuela and Iran dries up as […] Oil Price
September 9, 2026 Iraq Pushes OPEC for a Huge Increase in Its Oil Quota Oil Price Iraq has asked the OPEC leadership for a significantly higher crude oil production baseline for future quotas, Bloomberg has reported, citing unnamed sources with knowledge of the matter. According to […] Oil Price
September 9, 2026 Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns Oil Price The tight global diesel market is set to further tighten in the coming months and keep fuel prices high, raising the prices of all goods and threatening the inflation targets […] Oil Price
September 9, 2026 Morgan Stanley: Oil Traders Are ‘More Precise’ With Risk as Wars Drag On Oil Price Uncertainty about how the wars in Iran and Ukraine will unfold is keeping many traders away from taking positions in longer-dated futures contracts, according to investment bank Morgan Stanley. Most […] Oil Price
September 9, 2026 Sinopec Sees China Oil Demand Falling 8.9% in 2026 Oil Price China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and […] Oil Price
September 8, 2026 Germany Faces Winter Gas Shortage Risk as Storage Lags Oil Price Germany is risking gas shortages this winter if it turns out to be colder than previous years, the country’s gas storage association has warned. With current gas storage levels at […] Oil Price
September 8, 2026 Global Diesel Supply Crunch Is Set to Last Through Winter Crypto News Global diesel fuel supply will remain tight into next year for lack of enough refining capacity to pick up the slack from Middle Eastern and Russian facilities, Reuters has reported, […] Oil Price
September 8, 2026 China’s Crude Buying Rebounds as Fuel Exports Jump 29% Oil Price China’s crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions. China […] Oil Price
September 8, 2026 Vitol CEO: Global Fuel Markets Are “Tight and Inflexible” Oil Price Global fuel markets are very tight and inflexible, despite the higher flows out of the Persian Gulf in recent weeks, Russell Hardy, chief executive of the world’s biggest independent oil […] Oil Price
