Oil prices jumped by 8% early on Tuesday as markets brace for a prolonged conflict in the Middle East and…
Browsing: OPEC Announcements
Following a 40% surge on Monday, Europe’s benchmark natural gas prices soared by another 30% at opening on Tuesday as…
The United States does not plan an immediate release crude from the Strategic Petroleum Reserve (SPR) as a means to…
China is pressuring Iranian officials to keep the Strait of Hormuz open, allow the passage of oil and LNG cargoes,…
The freight rate for a supertanker carrying crude oil on the key Middle East-to-China route hit a record high of…
The United States will unveil a phased plan to mitigate the spike in oil prices amid the ongoing conflict in…
Average U.S. gasoline prices climbed above $3 per gallon on Monday for the first time since November, as escalating conflict…
Chevron has declared force majeure at Israel’s Leviathan natural gas field after the government ordered a temporary suspension of production…
A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to acquire…
The world’s biggest maritime insurers and insurers’ clubs are ending war risk coverage for vessels transiting the Persian Gulf and…