Markets

Saudi Arabia’s October Crude Allocations Leave European Buyers Short

Saudi Aramco is redirecting about 60 million barrels of Gulf crude to Asian buyers, while European term customers face zero October allocations.

Sep 18, 2026 • 5 min read

Markets

U.S. Oil and Gas Rig Count Rises by Four as Prices Top $100

U.S. active rigs increased to 595, while crude output dipped slightly and completion crews returned to growth.

Sep 18, 2026 • 5 min read

Investing

TotalEnergies Secures $1.8 Billion From BlackRock’s GIP for African Infrastructure

BlackRock’s GIP will contribute $1.8 billion for access to some TotalEnergies African oil and gas infrastructure, with fees tied to throughput for up...

Sep 18, 2026 • 5 min read

Markets

INEOS Launches Denmark’s Greensand CO2 Storage Project

Greensand begins with capacity to store up to 400,000 tonnes of CO2 a year, with plans to scale to 4–8 million tonnes annually.

Sep 18, 2026 • 5 min read

Investing

LNG Tanker Transits Resume Through Hormuz as Gulf Supply Remains Constrained

Two LNG carriers crossed Hormuz this week, but flows remain far below pre-war levels as Europe and Asia compete for tight supply.

Sep 18, 2026 • 5 min read

Banking

Saudi Pipeline Outage Exposes Limits of Oil Supply Routes Around Hormuz

A shutdown of Saudi Arabia’s East-West Pipeline puts a key Hormuz bypass at risk as Red Sea security concerns and tight export buffers add pressure.

Sep 18, 2026 • 5 min read

Banking

MIT Ammonia Process Could Lower Energy Costs for Hydrogen Distribution

MIT researchers report an electrochemical method for extracting high-purity hydrogen from ammonia with less energy, targeting a persistent distributio...

Sep 14, 2026 • 5 min read

Economy

Oil Supply Disruptions Show Why Energy Security Depends on Cutting Fuel Reliance

Threats to Hormuz, Bab el-Mandeb and pipelines expose the costs of fuel dependence. Electrification and diversified supply chains could limit future s...

Sep 14, 2026 • 5 min read

Economy

China–Iran Rail Shipment Tests Central Asia Trade Corridor

A 55-car train is carrying Chinese goods through four Central Asian countries to Iran, testing an overland route as the cargo’s full contents remain u...

Sep 14, 2026 • 5 min read

Stocks

Dangote Refinery IPO Seeks Up to $2.1 Billion at $47 Billion Valuation

Dangote’s refinery share sale could raise up to $2.1 billion as the company funds a planned expansion and posts a sharp earnings rebound.

Sep 14, 2026 • 5 min read

Markets

Data Center Power Demand Turns to Steam as Gas Turbine Lead Times Stretch

With gas turbines booked years out, data center developers are turning to boilers and steam turbines that can draw on a more established supply chain.

Sep 14, 2026 • 5 min read

Banking

Chevron Eyes LNG Growth Across Argentina, Mediterranean, Africa and Australia

Chevron is weighing LNG opportunities across four regions as supply disruptions sharpen buyers’ focus on diverse sources and contract structures.

Sep 14, 2026 • 5 min read

Investing

Uniper Sells 20% OPAL Pipeline Stake to Hy24 Under EU State Aid Conditions

Uniper agreed to sell its 20% OPAL stake to Hy24 as part of its EU state aid remedies, while Germany plans to reduce its Uniper holding by 2028.

Sep 14, 2026 • 5 min read

Banking

Russia’s Black Sea Crude Shipping Costs Hit Records as Tanker Supply Tightens

A seven-week rise pushed Novorossiysk crude freight to $23.20 a barrel for India and $25.70 for China, amid security risks and limited tanker availabi...

Sep 14, 2026 • 5 min read

Investing

Syria Fuel Price Hikes Expose Tight Supply as Protests Spread

A 40% diesel increase followed supply disruptions and a refinery shutdown, intensifying protests as Syria struggles to cover a wide oil shortfall.

Sep 14, 2026 • 5 min read

Banking

UK Rate Markets Price Four Quarter-Point Hikes by July as Growth Surprises

July GDP growth lifted expectations for a possible November hike, while markets priced four quarter-point increases by July next year.

Sep 11, 2026 • 5 min read

Markets

U.S. Oil Rig Count Edges Higher as Crude Production Gains

U.S. oil rigs rose by one as weekly crude output increased, while fracking crews fell for a fourth straight week.

Sep 11, 2026 • 5 min read

Markets

Saudi Arabia’s Critical Oil Bypass Comes Under Threat

White House Weighs Defense Production Act as U.S. Refineries Maxed Out Tom majored in International Business at Amsterdam’s Higher School of Economics...

Sep 11, 2026 • 5 min read

Markets

Supertanker Rates Reach $800,000 a Day as Gulf Shipping Costs Surge

Gulf tanker rates have climbed sharply, raising the cost of moving oil and adding potential inflation pressure across fuel and freight markets.

Sep 11, 2026 • 5 min read

Markets

IEA Cuts 2026 Oil Supply Outlook as Gulf Recovery Slips to 2027

The IEA expects a 5.7 million bpd supply drop in 2026 as Gulf disruption deepens, inventories shrink and high fuel prices weigh on demand.

Sep 11, 2026 • 5 min read