(Investing) – UBS on Wednesday raised its average Brent crude oil price forecasts for the first quarter and full…
(Oil Price) – Investors may be underestimating the risk that renewables could become stranded assets, as grid…
(World Oil) – Oil producers across the Middle East face a tense countdown as the Iran…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
L’Oréal signs a multi-year partnership with Dioxycle to convert captured CO₂ emissions into ethylene for polyethylene packaging. Carbon electrolysis technology could reduce Scope 3 emissions tied to petrochemical based plastics in global…
Schroders Greencoat launches a new green digital infrastructure platform to finance energy parks and renewable powered data centres. First investment targets a brownfield site in Drogheda, Ireland with planning consent for a…
Lloyd’s market is working with the U.S. International Development Finance Corporation on political risk insurance and guarantees to stabilize maritime trade in the Gulf. Roughly 1,000 vessels with an estimated $25 billion…
Brent vs WTI
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to…
Brazil’s state-controlled oil producer Petrobras surpassed profit expectations after robust oil production and record exports helped cushion the impact of weaker…
Venture capitalist Chamath Palihapitiya said he can’t believe how much his software startup is spending on AI.”Our costs have more than…
OPEC Announcements
India’s largest private refiner, Reliance Industries, is sounding the market for buying Russian crude, an…
The national average price of gasoline in the United States has jumped to the highest…
Oil prices could soar to as much as $150 per barrel within two to three…
Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly…
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain…
U.S. Energy Policy
North America
IPAA Executive Vice President and Chief Policy Officer Dan Naatz (WO) – The Independent Petroleum Association of America (IPAA) welcomed the U.S. Department of the Interior’s move to roll back a Biden-era offshore financial assurance rule that would have required companies to set aside billions of dollars in…
Asia & China
2026-03-07T17:43:08.160Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact…
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to threats from Iran.…