Investing

IEA Data Show Diesel Prices Staying High as Gasoline Eases

July fuel prices split: diesel rose despite weaker crude, while gasoline held near June levels. Supply constraints, taxes and currency moves shaped lo...

Aug 11, 2026 • 5 min read

Banking

France Power Prices Rise 21.8% as Heatwave Cuts Nuclear Output

French day-ahead power prices climbed to €142.50/MWh as heat and warm, low river water threaten 7.3 GW of nuclear generation.

Aug 11, 2026 • 5 min read

Markets

Citi Raises Q3 Brent Forecast to $80 as Hormuz Disruption Persists

Citi lifts its third-quarter Brent forecast but keeps its $70 fourth-quarter view, which depends on oil flows through Hormuz recovering.

Aug 07, 2026 • 5 min read

Stocks

Norway’s $2.3 Trillion Fund Opposes Rescinding SEC Climate Disclosure Rules

Norway’s fund says the SEC should retain financially material climate disclosures, citing their value to investors and company analysis.

Aug 07, 2026 • 5 min read

Markets

U.S. Oil Rig Count Rises as Gas Drilling Slows

U.S. oil rigs added three as gas rigs declined by the same number. Crude output edged higher, while completion crews fell.

Aug 07, 2026 • 5 min read

Markets

ADNOC Says 15 Vessels Have Been Attacked as Hormuz Shipping Risks Rise

ADNOC reports 15 vessel attacks since the war began, adding pressure to Gulf shipping as the company expands its crude and gas fleet.

Aug 07, 2026 • 5 min read

Investing

Libya Targets 2 Million Bpd as New Funding and Oil Deals Support Output Plans

Libya’s NOC sees production reaching 2 million bpd by the early 2030s, backed by a $2 billion budget and renewed upstream activity.

Aug 07, 2026 • 5 min read

Economy

Saudi Arabia’s Oil Detour Adds $5 a Barrel but Protects Export Options

Rerouting Saudi crude can add about $5 per barrel. The premium reflects the value—and limits—of keeping exports moving when key routes are disrupted.

Aug 07, 2026 • 5 min read

Banking

ADNOC Spends $1.3 Billion on 11 Crude and Gas Carriers

ADNOC is adding six crude carriers and five gas carriers for $1.3 billion, expanding shipping capacity as its export and trading volumes grow.

Aug 07, 2026 • 5 min read

Markets

India Still Imports 90% of Its Crude Oil Despite Lower Energy Dependence

India cut overall primary energy import dependence to 42% by FY25, but overseas crude still supplies 90% of demand as storage covers just eight days.

Aug 07, 2026 • 5 min read

Markets

US Crude Stocks Rise 2.69 Million Barrels as Oil Prices Slide on Iran Deal Hopes

API data showed a surprise crude build and higher Cushing stocks, while Brent and WTI fell sharply amid hopes of a US-Iran deal.

Aug 04, 2026 • 5 min read

Markets

China’s EV Fleet Could Reduce Oil Exposure to the Strait of Hormuz

China’s EVs displaced an estimated 1.35 million barrels per day of oil demand in early 2026, easing—but not removing—its exposure to Hormuz.

Aug 04, 2026 • 5 min read

Markets

ONGC Quarterly Profit More Than Doubles on Higher Oil and Gas Prices

ONGC’s quarterly profit more than doubled as higher prices and a weaker rupee offset falling output, strengthening its capacity to fund exploration an...

Aug 04, 2026 • 5 min read

Markets

Iron Ore Falls to One-Year Low as Weak Chinese Steel Demand Meets Rising Supply

Singapore iron ore futures touched $93.65 a ton as soft Chinese demand and rising supply deepen surplus concerns. UBS sees prices averaging $95 in 202...

Aug 04, 2026 • 5 min read

Markets

Oil Falls to $80 as Iran Deal Hopes Meet Supply and Refining Pressures

Brent retreats on US-Iran diplomacy, while refinery margins, OPEC+ supply plans and disrupted shipping keep oil-market risks in focus.

Aug 04, 2026 • 5 min read

Investing

Eisenhower Executive Office Building Paint Plan Faces Renewed Court Challenge

Preservation groups seek to pause paint testing at the EEOB, arguing it advances a wider project before legal review is complete.

Aug 02, 2026 • 5 min read

Banking

Hyperscaler AI Capex Shifts Toward External Financing as Spending Rises

Hyperscalers are turning to external finance for AI investment, making borrowing costs more relevant to capex demand.

Aug 02, 2026 • 5 min read

Economy

U.S. Core GDP Growth Gets Support From AI Investment and Household Wealth

Core GDP is outpacing headline growth but remains below trend; AI investment and equity-linked household wealth are supporting demand.

Aug 01, 2026 • 5 min read

Markets

Suriname’s Offshore Oil Projects Could Deliver $26 Billion in Fiscal Revenue

GranMorgu is scheduled for 2028, while Block 52 discoveries could support another investment decision by the end of 2026.

Aug 01, 2026 • 5 min read

Investing

Reflect Orbital’s Space Mirrors Test the Economics and Risks of Nighttime Solar

Reflect Orbital plans to sell reflected sunlight for as much as $5,000 an hour, while scientific concerns and launch emissions complicate its commerci...

Aug 01, 2026 • 5 min read