(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
U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of…
A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil…
The strategic collaboration combines development, financing and technology expertise to de-risk, scale and deliver integrated solar, BESS and hydrogen energy platforms.…
OPEC Announcements
Saudi Arabia is offering crude oil on the spot market in an unusual move prompted…
Crude oil production from Iraq’s southern fields has dropped by 70% since the start of…
Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for…
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…
U.S. Energy Policy
North America
(Bloomberg) – U.S. Energy Secretary Chris Wright sought to counter market warnings about an extended Middle East war, saying global energy supplies are sufficient and the surge in oil prices reflects a “fear premium” that won’t last. Wright joined President Donald Trump in arguing that the U.S.-Israeli war…
Asia & China
Trade jobs like plumbing are supposed to be among the hardest for AI to replace. Loading audio narration… For Ania Smith, the CEO of…
U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address…