Three EU nations call for new 2040 renewable energy goal
(Oil Price) – Spain, Portugal, and Luxembourg have urged the European Union to set renewable energy targets for 2040, arguing that […]
Strait of Hormuz
Oil up almost 2% as Iran’s president vows to never surrender
(Investing) – HOUSTON – Oil prices were up almost 2% a barrel on Wednesday in choppy trade, as traders evaluated […]
“We’re living on an oil market credit card”: Analyst sounds alarm
(Oil Price) – The oil market is living on borrowed time as flows through the Strait of Hormuz remain disrupted and […]
Trafigura Launches Volare Shipping to cash in on record tanker rates
(Oil Price) – One of the world’s biggest oil traders, Trafigura, is spinning off its supertanker business in a new company. […]
LNG tankers push through Hormuz again as Qatar, UAE fight supply crunch
(Oil Price) – At least two LNG carriers have transited the Strait of Hormuz so far this week, while two […]
Oil prices top $109 on fresh Mideast fighting, Hormuz meeting delay
(Investing) – Oil prices rose sharply on Monday after more Houthi attacks on Saudi Arabia, as well as postponed talks […]
Energy Aspects: Oil market has reached an “Inflection Point”
(Oil Price) – Crude oil prices are poised for further increases and the trending trajectory is higher, as global inventory drawdowns […]
Oil tanker hit in Iraqi waters, as vessels get caught in US-Iran attacks
(BOE Report) – A tanker carrying about 2 million barrels of Iraqi fuel oil was struck by a drone in […]
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – The first week of September delivered a familiar geopolitical story with a potentially more consequential […]
Gulf shipping traffic via Hormuz keeps below 10-day average, data shows
(BOE Report) – Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine […]