(World Oil)– Global oil markets are on track for a record surplus next year as demand…
(Oil Price)– Indian Oil Corp has bought another cargo of U.S. West Texas Intermediate for delivery…
(Oil Price)– Major data center operator Equinix (EQIX.O) has announced a series of agreements to secure advanced…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
Appointment strengthens Westpac’s leadership in climate, ESG and sustainable finance Chen brings 20+ years of experience across banking, insurance, advisory and sustainability Move comes as Australian banks face mounting pressure to meet…
Program launched across 16 regions to channel overseas funds into low-carbon projects Enterprises allowed expanded cross-border financing limits for green initiatives SAFE pledges balance of openness and security to support real economy…
Zenobē secures €325 million senior debt financing to expand its electric fleet in Europe. Financing will fund up to 1,000 new battery-electric buses and trucks, plus charging infrastructure. Crédit Agricole CIB strengthens…
Brent vs WTI
It was a prediction nobody wanted to hear. On the main stage of the world’s biggest tourism fair, Stefan Gössling, a…
Kazakhstan’s environmental-protection ministry told oil majors operating in the country they have 40 days to pay a multibillion-dollar fine for sulfur…
The famously anti-capitalist festival Burning Man is in a bit of an ironic pickle: It needs money.Burning Man Project, the nonprofit…
OPEC Announcements
Cenovus Energy on Friday announced it has entered into a definitive arrangement agreement to acquire…
Just days after flows on the Druzhba oil pipeline to Hungary and Slovakia resumed following…
Private Chinese firm China Concord Resources Corp (CCRC) is developing two oilfields in Venezuela, from…
Brent Crude oil prices are set to stay in the near term at the upper…
The United States has sanctioned a Greek shipping entrepreneur, a network of his companies, and…
U.S. Energy Policy
North America
After the U.S. Department of the Interior ordered all work on the nearly complete Revolution Wind project to stop on Friday, National Ocean Industries Association (NOIA) President Erik Milito issued the following statement: “Revolution Wind is already under construction and nearly complete, representing years of planning, billions in…
Asia & China
I’ve been quietly outsourcing more and more of my life to AI. It started with work tasks and writing prompts. AI even helped me…
It was a prediction nobody wanted to hear. On the main stage of the world’s biggest tourism fair, Stefan Gössling, a leading researcher in…