Markets

U.S. Oil Rig Count Edges Higher as Gas Drilling Slows

U.S. oil rigs rose by two as gas rigs fell by the same amount, leaving the total unchanged at 588. Crude output ticked higher.

Sep 04, 2026 • 5 min read

Markets

Rosneft CEO Says China’s Oil Buying Is Reshaping Market Balance

Igor Sechin says China’s stockpiles and lower crude imports helped absorb a supply shock, strengthening Beijing’s influence over global oil markets.

Sep 04, 2026 • 5 min read

Economy

Turkmenistan Repairs Methane Leaks as Gas Infrastructure Upgrades Continue

UN monitoring flagged 192 methane plumes in Turkmenistan over a year; officials say repairs and wider energy infrastructure upgrades are underway.

Sep 04, 2026 • 5 min read

Investing

Chinese Rare Earth Export Hesitation Revives U.S. Supply Concerns

Some licensed Chinese suppliers have paused U.S. shipments amid political uncertainty, exposing the risks of concentrated rare earth supply.

Sep 04, 2026 • 5 min read

Markets

India Proposes Battery Storage Requirements for New Renewable Projects

India’s draft rules would require co-located storage from 2027, as grid constraints and curtailments limit the use of growing solar and wind capacity.

Sep 04, 2026 • 5 min read

Investing

UK North Sea Investment Hinges on Jackdaw and Rosebank Decisions

Nearly £11bn in proposed North Sea investment faces uncertainty as Jackdaw and Rosebank await a decision, with tax and decommissioning costs also at s...

Sep 04, 2026 • 5 min read

Economy

Solar Growth Shifts Toward Emerging Markets as Storage Shapes Deployment

Emerging markets are accelerating solar adoption with batteries, while Europe’s grid constraints slow additions and make storage a bigger factor in gr...

Sep 01, 2026 • 5 min read

Markets

U.S. Crude Stocks Fall 2.6 Million Barrels as SPR Draws Continue

API data showed a weekly crude stock decline, while another SPR draw brought reserves to 286.6 million barrels and production edged higher.

Sep 01, 2026 • 5 min read

Investing

Gulf Pipeline Projects Aim to Bypass Hormuz as Bessent Sets Two-Year Timeline

Gulf producers are expanding export routes around Hormuz, though the projects needed to meet Bessent’s two-year forecast remain at different stages.

Sep 01, 2026 • 5 min read

Stocks

Gary’s Two-Week Power Outage Highlights Strains on the U.S. Electric Grid

Gary’s prolonged outage points to a wider reliability challenge as extreme weather, aging equipment and rising demand test the U.S. grid.

Sep 01, 2026 • 5 min read

Markets

Asia LNG Prices Reach Five-Month High as Hormuz Disruption Tightens Supply

Asian spot LNG rose to $24.614 per MMBtu as buyers sought replacement cargoes amid halted Hormuz traffic and escalating U.S.-Iran tensions.

Sep 01, 2026 • 5 min read

Investing

U.S. Energy Storage Installations Set Quarterly Record at 20.2 GWh

U.S. storage deployments hit a quarterly record in Q2 2026, led by utility projects. Industry groups lifted their 2030 forecast by 11.5%.

Sep 01, 2026 • 5 min read

Investing

Data Center Water Use Could Nearly Triple by 2030, Rystad Energy Estimates

Rystad sees direct cooling water use reaching 644 billion liters by 2030, while efficiency gains could curb demand. Location and power supply shape th...

Aug 28, 2026 • 5 min read

Banking

Venezuela’s OPEC Exit Talks Add to Pressure on the Oil Group

Venezuela is weighing an OPEC departure as the UAE has left and Iraq questions its quota, putting the group’s production capacity in focus.

Aug 28, 2026 • 5 min read

Economy

Kazakhstan Limits Fuel Support to Russia as Refinery Disruptions Deepen

Kazakh refiners have declined some fuel exports to Russia, while a small facility will process Russian crude as Moscow faces a steep projected drop in...

Aug 28, 2026 • 5 min read

Economy

Hormuz Disruption Sends Saudi-China Supertanker Rates to a Record $647,000 a Day

Saudi-China VLCC earnings hit $647,000 a day as Hormuz risk, ship shortages and longer routes raise the cost of moving Gulf crude.

Aug 28, 2026 • 5 min read

Markets

U.S. Rig Count Holds at 588 as Oil Rigs Fall and Gas Rigs Rise

The U.S. rig total was unchanged year over year, with oil rigs down five and gas rigs up five as crude output edged higher.

Aug 28, 2026 • 5 min read

Economy

Qatar LNG Disruption Pushes Asian and European Gas Prices Higher

Asian spot LNG reached $23.388/MMBtu as Qatar extended delivery suspensions and Europe’s TTF gas benchmark climbed above $80/MWh.

Aug 28, 2026 • 5 min read

Markets

Oil Holds Near $90 as Hormuz Disruption Squeezes Energy Markets

Brent stays near $90 as uncertain Hormuz shipping compounds pressure on diesel, UK energy bills and global fuel supply chains.

Aug 28, 2026 • 5 min read

Investing

Qatar Extends LNG Force Majeure as Hormuz Shipping Remains Halted

QatarEnergy has extended LNG cargo cancellations into October and November, while exports remain sharply below last year’s levels.

Aug 28, 2026 • 5 min read