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Stock Market Today: Dow Rises Ahead Of Pivotal Jobs Report; AI Stock Cloudflare Soars On Earnings (Live Coverage)
Stock Market Today: The Dow Jones index rises Friday ahead of a pivotal July jobs report. AI name Cl...
US Dollar Index Price Forecast: Likely find direction after US NFP release
The US Dollar (USD) consolidates against its major currency peers on Friday, with investors awaiting...
Big Oil's Windfall Earnings Threaten to Reignite Trump's Price-Gouging Push
Chevron and Exxon are expected to report their best quarter since 2022 this month, as the war that the United States and Israel started against Iran on February 28 drove much tighter oil and gas suppl ...
Kazakhstan Bets on Iran Port Despite Regional Tensions
Despite lingering tension between the United States and Iran, Kazakhstan is planning to build a terminal at the Iranian port of Bandar Abbas to facilitate exports. In comments made before a joint sess ...
Super El Niño Could Push Colombia Into an Energy Crisis
Scientists predict 2026 will bring a devastating Super El Niño weather event, with rising temperatures and economically damaging droughts expected. There are fears the climate pattern will hit Colombi ...
Ugandan Farmers Sue to Block $5 Billion East Africa Oil Pipeline
A group of Ugandan farmers on Tuesday filed a case in the UK High Court against the developer of a $5-billion oil pipeline in East Africa, seeking to stop the nearly completed project on environmental ...
UAE Pumps 3.8 Million Bpd, Defying OPEC+ Quotas
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two ...
UAE Oil Output Climbs After Leaving OPEC
The United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two ...
Germany Plans $1.7 Billion Strategic Natural Gas Reserve
Germany is moving to create a state-owned strategic emergency reserve of natural gas to boost its energy security, the Economy Ministry of Europe’s biggest economy said on Tuesday. Earlier today, Reut ...
ADNOC Signs 15-Year LNG Supply Deal With Japan’s Inpex
Abu Dhabi’s national oil company ADNOC on Tuesday signed a 15-year long-term deal to supply gas from the UAE’s Ruwais LNG project to Japanese firm Inpex starting from 2028. Under the deal, Inpex, Japa ...
Middle East Conflict Clouds LNG Outlook as Global Trade Hits Record High
The Middle East conflict has made forecasting LNG market trends more difficult as infrastructure was hit and price volatility has exposed buyers to new challenges, according to the International Gas U ...
Shell Signals Oil and Gas Trading Windfall in Q2 Amid Iran War
Shell expects to have booked significantly higher oil and LNG trading results in the second quarter of the year as the Iran war drove extreme volatility in energy commodity markets. Shell expects its ...
Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand
Gulf oil producers are in a race to offer discounts to entice buyers, with Saudi Arabia’s latest price cut for Asian importers the sharpest in decades but unlikely to boost sales. Saudi Arabia yesterd ...
India’s Fuel Consumption Slips Despite Record Crude Oil Imports
Despite recovering energy flows out of the Middle East, India’s fuel consumption last month fell by 3.7% from May to a total of 19.24 million metric tons, Reuters has reported, citing data from the co ...