(Investing) – WASHINGTON – U.S. Treasury Secretary Scott Bessent said on Wednesday that crude oil markets are well…
(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…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
Amazon, Google, JPMorganChase and other major firms will deploy $100 million by 2030 to fund projects cutting methane, black carbon and refrigerant gases. Superpollutants drive roughly half of current global warming, making…
LSEG introduces a new ESG scoring system built on 220 standardized indicators and aligned with ISSB, GRI, SASB and ESRS frameworks. The framework covers 16,000 companies representing more than 90% of global…
Envision Energy closed a $600M equivalent sustainability-linked syndicated loan in Hong Kong, its largest non-project offshore financing to date. The facility was oversubscribed and expanded from $500M to $600M, attracting 13 international…
Brent vs WTI
(Investing) – LONDON – Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as…
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a…
Oil prices are soaring as the Middle East war chokes crude supplies, but fuel price premiums over crude are climbing even…
OPEC Announcements
Saudi Aramco has begun reducing oil production at two of its fields as the disruption…
The Middle East war and the resulting production halt at the world’s second-largest LNG exporter,…
Bahrain’s integrated energy firm Bapco Energies on Sunday declared force majeure on its group operation…
Saudi Arabia has intercepted and destroyed four drones headed toward its Shaybah oilfield as the…
The finance ministers of the G7 will discuss the possibility of releasing oil from storage…
U.S. Energy Policy
North America
(WO) — Woodside Energy has begun drilling operations at the Trion field in ultra-deepwater Gulf of Mexico waters offshore Mexico, marking a major step forward in the development of one of the country’s most significant offshore projects. The campaign will include the drilling of 24 subsea wells tied back to…
Asia & China
(WO) — Woodside Energy has begun drilling operations at the Trion field in ultra-deepwater Gulf of Mexico waters offshore Mexico, marking a major step…
(Investing) – LONDON – Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers…