G7’s 100 Million Barrel Release Is Mostly Already Priced In
Following pressure from U.S. President Donald Trump, G7 leaders announced on Friday a coordinated release of 100 million barrels of emergency oil…
Standard Chartered Says Hormuz Oil Flows Are Far From Normal
Oil flows through the Middle East have staged an impressive rebound, with export volumes recovering to near pre-war levels even as traffic…
Europe Weighs Methane Rule Delay as Energy Supply Risks Mount
The European Union’s so-called methane rule is scheduled to enter into effect in January. The rule is massively unpopular among large energy…
Burnham Promises “Pragmatic” North Sea Approach
Andy Burnham promised to be “pragmatic” about drilling in the North Sea in his conference speech. Those in Aberdeen say there’s not…
Iran’s Disappearing Oil Is Becoming Everyone’s Problem
Iranian oil is disappearing from the market just as its biggest buyer returns for more. China’s recovering crude demand is colliding with…