Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
In this week’s ESG News Week In Review, climate and energy policy debates intensified as governments reassessed transition strategies. A senior EU official warned Europe’s nuclear phase-down may have been a strategic…
Global Renewables Alliance launches a five point action plan urging governments to accelerate renewable deployment within the next 36 months. Plan targets permitting reform, grid expansion, financing mobilization, electrification, and supply chain…
RGREEN INVEST closes its INFRAGREEN V strategy at more than $980 million (€900 million) to finance renewable energy, storage, and electrification infrastructure across Europe. Capital will prioritize mid-market projects and high-growth regions…
Brent vs WTI
The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its…
Greenhouse gas emissions in Germany have again missed targets set by the Climate Protection Act and barely fell at all in…
Algerian authorities were thrown a lifeline after Russia’s full-scale invasion of Ukraine sent energy prices soaring, now there’s hope that the…
OPEC Announcements
U.S. President Donald Trump said American forces had launched a major bombing raid on Iran’s…
Bank of America is warning investors not to chase oil prices higher if crude climbs…
The top Asian refiner, China’s state-controlled Sinopec, plans to slash this month its refinery processing…
Saudi Arabia has slashed oil output by roughly 20% as the war with Iran continues…
Investment banks are scrambling to revise up their oil price forecasts as the Middle East…
U.S. Energy Policy
North America
(Bloomberg) – The Trump administration approved bp Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first virgin field development in the Gulf of America/Gulf of Mexico since the deadly 2010 Deepwater Horizon disaster that triggered the worst oil spill in U.S. history. …
Asia & China
(Bloomberg) – The Trump administration approved bp Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first…
The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere…