The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market and supporting crude prices as buyers look for additional legit barrels while sanctioned supply is piling in floating storage, according to the world’s biggest independent oil trader,…
(Oil Price) – Global electricity demand is rising at the fastest pace in 15 years and will continue to do so at…
(Investing) – LONDON – OPEC on Wednesday forecast world oil demand from the OPEC+ group will…
(World Oil) – bp has suspended its share buyback program and is prioritizing balance-sheet repair as the…
(Oil Price) – The Queensland government has appointed its preferred tenderers to explore for oil and gas…
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Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
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$657M, or about 60% of proceeds, committed to solar, wind, hydro, biogas, and battery storage projects across ten countries Green Bond portfolio now supports 2.4 GW of clean generation and 962 MW…
750 million SEK private placement strengthens sustainable finance flows into smallholder agriculture and climate-resilient food systems Nordic institutional investors increase exposure to development finance aligned with ICMA sustainability guidelines Projects across Nigeria,…
€500 million ($594 million) raised through Deutsche Bank’s first European Green Bond aligned with the EU Green Bond Standard, targeting residential green buildings. Proceeds fully allocated at issuance to EU Taxonomy compliant…
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Brent vs WTI
Oil Drops Amid Supply And Equity Jitters
Oil slid as risk-averse sentiment pervaded global markets and investors digested fresh developments in US-Iran tensions that continue to cloud the…
(World Oil) – YPF, Eni and XRG have signed a binding joint development agreement (JDA) to advance the proposed Argentina LNG project, marking a key step toward a…
JERA Co., Inc., through its subsidiary JERA Americas Inc., has completed its previously announced acquisition of upstream natural gas assets in…
Subscribe To NotificationsScan QR code to install appImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The…
OPEC Announcements
The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market…
Japan’s Inpex expects an LNG supply shortfall in the Pacific coastal region, including Asia, in…
Despite a collapse of talks over a global carbon price in the shipping industry, most…
Global oil demand is expected to rise by 850,000 barrels per day this year, the…
Energy firms operating offshore Norway expect investments in oil and gas activities to be lower…
U.S. Energy Policy
The battle for the best wireless earbuds continues to rage with the debut of the Sony WF-1000XM6. There are plenty of solid earbuds out there, but only a few truly amazing ones. Bose, Apple, and…
North America
(WO) – Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration Company LLC, marking the company’s strategic entry into the U.S. Gulf of America and establishing a new core business unit within its global portfolio. Image: LLOG Exploration The acquisition provides Harbour with a fully operated, oil-weighted…
EU Carbon Targets
Donald Trump has overseen more retirements of coal-fired power stations than any other US president, according to Carbon Brief analysis. His administration’s…
Asia & China
(WO) – The N05-A development in the Dutch-German North Sea, operated by ONE-Dyas, has become the first offshore natural gas project in the region…
Oil Drops Amid Supply And Equity Jitters
Oil slid as risk-averse sentiment pervaded global markets and investors digested fresh developments in US-Iran tensions that continue to cloud the supply outlook. West…
Stocks shot up 5% to record highs in Japan on Monday, after Prime Minister Sanae Takaichi’s Liberal Democratic Party won a landslide election victory on Sunday. Takaichi’s LDP…