The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday.”That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an…
Govt allocates 40,000 kilolitre of additional kerosene to states amid West Asia turmoil, ETEnergyworld
More commercial LPG cylinders will be provided to identified beneficiaries. New Delhi, Amid the ongoing crisis in West Asia, the government…
(World Oil) – TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin,…
(Investing) – NEW YORK – Oil prices gained nearly 4% on Wednesday as fresh attacks on ships…
(Oil & Gas 360) by Michael Smolinski – While The Taking Out Of Those Who Kill,…
Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated!
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
Trending Articles
around the World
The Net-Zero Asset Owner Alliance released the fifth version of its Target-Setting Protocol, introducing “transition targets” that allow investors to support high-emitting companies with credible decarbonization plans. The alliance represents 87 institutional…
Aon hires former Standard Life chief sustainable investment officer Sindhu Krishna to lead sustainability strategy for its UK investment consulting business. Appointment reflects rising demand from pension funds, insurers and institutional investors…
The cost of reaching Net Zero by 2050 could equal the economic impact of just one fossil fuel price shock similar to the 2022 energy crisis. The UK’s Net Zero transition delivers…
Don't Miss
Brent vs WTI
The Trump administration plans to release 172 million barrels from the US emergency oil reserve as part of the coordinated effort…
Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut – Oil & Gas 360
(BOE Report) – Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as…
(WO) — Equinor is preparing to begin drilling operations for the Rosebank field development west of Shetland, marking a key milestone…
April WTI Crude Oil Futures Oil prices are on the rise again after Iran’s new Supreme Leader Mojtaba Khamenei, said the Strait of Hormuz should stay closed as a way to pressure…
OPEC Announcements
Operations at the United Arab Emirates’ key oil storage and bunkering hub in Fujairah are…
Ukraine on Thursday hit in a drone attack a key pipeline hub of Russia’s crude…
Iraq will maintain crude oil production at roughly 1.4 million barrels per day as the…
The Middle East war is creating the biggest supply disruption in the history of the…
East-West Pipeline Key to Saudi Arabia’s New Oil Export StrategyRussia Emerges As The Biggest Winner In Middle East War
As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is…
U.S. Energy Policy
Pop stars, you can breathe easy. The debut single from AI-generated triple-threat Tilly Norwood is evidence that your jobs are safe — for now. Loading audio narration… The single’s 4-minute music video, which first hit…
North America
(WO) — The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) generated nearly $47 million in high bids during its latest Gulf offshore oil and gas lease sale, reflecting continued industry interest in exploration acreage on the U.S. Outer Continental Shelf. Lease Sale Big Beautiful Gulf 2…
EU Carbon Targets
The Iran war has spurred a range of commentators to renew calls for the UK government to issue new licences for oil…
Asia & China
Hormuz “Days-to-Failure” – Oil & Gas 360
(Oil & Gas 360) By Greg Barnett, MBA Why 300–400 million barrels is politically huge, and physically small. In a true Strait of Hormuz…
The Trump administration plans to release 172 million barrels from the US emergency oil reserve as part of the coordinated effort by nations around…
Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while its war with the United States and Israel continues, in a…