U.S. Oil and Gas Production Climbs Despite Extreme Oil Price Volatility
U.S. oil and gas production increased among firms surveyed by the Dallas Fed in Q3, but crude’s swing from $67 to $107 per barrel in …
Read Full ArticleEurope Gets Hit by Another Energy-Driven Inflation Shock
Europe’s latest energy shock is rapidly feeding into consumer prices, with inflation accelerating across some of the euro area’s largest economies and leaving the European …
Read Full ArticleDeadly Blast Hits Major Indian Refinery as Fuel Markets Tighten
A major explosion and fire have hit one of India’s largest refineries just as the country is pushing its plants above normal operating rates to …
Read Full ArticleOil Price Forecasts Jump as Hormuz Disruption Drags On
Analysts have sharply raised their 2026 oil price forecasts as hopes fade for a quick normalization of shipping through the Strait of Hormuz, with a …
Read Full ArticleEIA Reports Crude Build as Diesel Stocks Fall 14% Below Average
Crude oil inventories in the United States saw an increase of 900,000 barrels during the week ending September 25, according to new data from the …
Read Full ArticleGermany Orders SEFE to Add 8 TWh of Gas to Storage
Securing Energy for Europe (SEFE), the German state-owned gas importer, has been instructed to boost the level of natural gas in storage by the equivalent …
Read Full ArticleIran Warns No Energy Infrastructure Will Be Safe If It Can't Sell Oil
Iran threatened to attack energy infrastructure across the Middle East if its security isn't guaranteed as it ratcheted up its rhetoric while waiting for the …
Read Full ArticleOPEC+ Expected to Keep Oil Production Quotas Unchanged
The key OPEC+ producers are set to leave their current crude oil output quotas unchanged for November at a meeting this weekend, anonymous sources familiar …
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Amplitude Energy takes FID on ECSP development offshore Australia
Amplitude Energy has taken FID on the development phase of its ECSP in Victoria, Australia, with first gas still targeted for calendar year 2028.
Read Full ArticleRussia Extends Diesel Export Ban Through Oct. 31
Russia’s government on Wednesday extended the ban on exports of diesel, marine fuel, and gasoil for all fuel producers by October 31, which effectively extends …
Read Full ArticleAnalysts Cut China's Q4 Crude Import Forecasts by 400,000 Bpd
China is not expected to materially boost its crude oil imports through the end of the year as oil prices surged above $100 per barrel …
Read Full ArticleChina’s Thermal Coal Prices Surge to Three-Year High
China’s benchmark thermal coal prices have jumped for 11 straight weeks, hitting the highest level in three years this week, amid lower domestic production and …
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