US Crude Stocks Rise 2.6 Million Barrels as SPR Draws Continue
API estimates show US crude inventories rose for the week ending July 17, while the Strategic Petroleum Reserve fell to 316.5 million barrels.
API estimates show US crude inventories rose for the week ending July 17, while the Strategic Petroleum Reserve fell to 316.5 million barrels.
Energy startups raised $12.6 billion in IPOs in 2026’s first half, as investors bet on power demand from AI data centres.
Norwegian crude output rose to 1.827 million barrels per day in June, adding supply as Gulf shipping flows remain disrupted.
Indian Oil and MRPL pause Iraqi crude liftings as tanker attacks raise shipping costs and risk, adding pressure to a supply route already under strain...
U.S. Treasury Secretary Scott Bessent says Chinese purchases of Iranian crude fell about 40%. Inventory drawdowns may make China’s retreat temporary.
Chinese workers, firms and lending support major projects in Kyrgyzstan, while questions over jobs, land and equal enforcement fuel public unease.
A Houthi threat to Saudi Red Sea ports puts a route carrying about 7% of global oil exports in focus as attacks also threaten Russian crude flows.
Policy uncertainty can move before oil flows do; tanker, loading and insurance data would help test whether physical constraints are emerging.
A Pacific Northwest National Laboratory reactor could produce magnesium hydroxide from seawater at scale, with possible applications for other mineral...
Michigan’s July survey showed a continued sentiment rebound, but responses predated higher gas prices; the final reading may be weaker, with inflation...
China’s Q2 GDP missed forecasts despite strong exports, as weaker investment and retail activity weighed on growth.
Industrial production rose 0.1% month over month, beating consensus, while manufacturing was flat. GDPNow trails other Q1 growth estimates.
India’s proposed CAFE-III standards would tighten fuel and emissions targets from 2027, with compliance credits and incentives for alternative-fuel ve...
ConocoPhillips is returning to Iraq through a BP-led redevelopment targeting higher output from Kirkuk’s aging fields and more than 3 billion barrels...
Core PPI has recently risen faster than core CPI excluding shelter, a potential squeeze on margins that import prices and labor costs complicate.
S&P Global’s volatile monthly GDP estimate declined in May, but its Q2 reading remains consistent with tracking estimates of 1.3% annualized growth.
Galway appoints Dave Nielsen COO and Kyle Struble CFO, alongside new presidents and senior leaders at Jencap.
Three New York partners join Simpson Thacher as private equity and insurance ties continue to reshape the market.
A federal court found DHS’s paid leave reasonable after a special agent’s spinal surgery and dismissed his disability and retaliation claims.
Dual has combined five transactional risk capabilities across 11 jurisdictions, with a $672 million gross written premium target by 2030.