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
Oil and gas tankers are increasingly avoiding the Strait of Hormuz, the shipping lane that links the oil-rich Persian Gulf to…
OPEC+ is preparing to consider a significantly larger oil output increase at its meeting on Sunday, as escalating military conflict involving…
Iran still has an outsized ability to rattle global energy markets.Markets will not reopen until Monday but a $10 rise in…
OPEC Announcements
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…
Russia’s oil exports were essentially flat in 2025 compared to a year earlier, with most…
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
The joint U.S. and Israeli attack on OPEC member Iran risks a major oil supply disruption in the Middle East that, in a worst-case…
Oil and gas tankers are increasingly avoiding the Strait of Hormuz, the shipping lane that links the oil-rich Persian Gulf to the open seas,…