Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
Italy urges suspension of the EU Emissions Trading System ahead of a planned summer reform proposal, citing competitiveness risks for energy intensive industries. Since 2005, the ETS has cut emissions by 39…
Project aims to capture 1.1 million tons of CO₂ annually from Holcim’s Obourg cement plant in Belgium Captured CO₂ to be transported to Antwerp@C for shipment and permanent offshore storage in the…
27.5 MWdc solar plant secured under Germany’s EEG tenders, targeting 28,700 MWh annual generation. Estimated 9,500 tonnes of CO₂ avoided per year, supplying commercial and industrial demand in the Pomeranian Triangle. Hybrid…
Brent vs WTI
OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April, opting for a…
(Bloomberg) – Two tankers were attacked near the mouth of the Persian Gulf, increasing the chances of disruption through the Strait…
(Bloomberg) – OPEC+ agreed to resume oil production increases at a slightly accelerated pace, even as conflict sparked by U.S.–Israeli strikes…
OPEC Announcements
OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day…
OPEC+ is preparing to consider a significantly larger oil output increase at its meeting on…
Average daily crude oil production in the United States eased in December to the lowest…
Germany plans to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027,…
As U.S.-Iran tensions climb and talk of a potential strike refuses to fade, the UAE…
U.S. Energy Policy
North America
(WO) – Diversified Energy has agreed to acquire natural gas properties and related facilities in East Texas from Sheridan Production for $245 million in cash, expanding its operated footprint in the region. The transaction, expected to close in the second quarter of 2026, will be funded through existing…
Asia & China
A cargo ship is pictured off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. Giuseppe…
OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April, opting for a cautious supply increase…