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Oil falls as US waives Iranian sanctions and Nasdaq tumbles
Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it t...
Update: Equities Mixed, Oil Drops as US-Iran Talks Move Forward
(Updates with market moves at the end of the day.) US benchmark equity indexes closed mixed Monda...
US Equity Markets Mixed as Communication Services Stocks Fall, Bond Yields Move Up
US equity indexes were mixed on Monday after communication services stocks saw steep declines and go...
Japan’s Crude Imports from Middle East Slump to Lowest on Record
Japan in April imported the lowest volume of crude oil from the Middle East on record dating back to 1979 as the Iran war and the de facto closure of the Strait of Hormuz choked supply from the region ...
China's Solar Exports Soar as World Grapples with Energy Crisis
Despite the end of China's export tax refunds on April 1, exports of Chinese solar cells and panels continued to surge in April as demand for solar installations in Africa, Southeast Asia, and Europe ...
U.S. Energy Storage Installations Post Record First Quarter
Despite unfavorable federal policies, the U.S. energy storage additions jumped by 31% from a year earlier to 9.7 gigawatt-hours (GWh) in the first quarter of 2026, the strongest first quarter in histo ...
Traders Expect Oil Prices to Remain Above $81 for the Next 12 Months
Oil prices are set to average between $81 and $100 per barrel over the next 12 months as demand destruction will help balance a market that continues to price in a lasting war risk premium, a Bloomber ...
Wind and Solar Overtake Gas Power Generation for the First Time
Wind and solar power generation topped gas-fired power plant output for the first time ever on a monthly basis in April, as the energy crunch limited gas availability and made the fuel more expensive. ...
Goldman Sachs Sounds Fresh Alarm on Global Oil Stockpiles
Global oil inventories are falling at an accelerated rate, Goldman Sachs has warned, noting April draws from inventories had run at double the rate until the end of March. Since the start of May, glob ...
Saudi Arabia Forced to Boost Fuel Oil Imports as Gas Output Dips
Saudi Arabia is importing more fuel oil than before, to use in power generation as its natural gas production reverses direction and declines, Reuters has reported, citing Rystad Energy. OPEC’s number ...
StanChart Says Record SPR Withdrawals Are Tightening U.S. Oil Buffers
Back in March, the 32 member countries of the International Energy Agency (IEA) unanimously pledged a record-breaking release of 400 million barrels of crude oil from their Strategic Petroleum Reserve ...
Energy Crisis Is Changing Demand Patterns—For Now
Roughly one-fifth of global LNG flows has been impacted by the Hormuz crisis. The cumulative losses in crude oil supply have topped 1 billion barrels since the start of March. Governments are rationin ...
Appalachian Region Could Hold Key to U.S. Battery Supply Chain Independence
The United States Geological Survey has made a potentially game-changing discovery in the Appalachian region. New research suggests that the ancient mountain range may be home to over 300 years' worth ...
The Global Energy Crisis Is Driving Countries Back To Coal
Five years ago, over 40 countries pledged to scale back and phase down unabated coal power at the COP26 UN Climate Summit by 2030-2040, with hundreds of institutions promising to end international coa ...
A New Central Asian Trade Corridor Faces Old Security Risks
A top Uzbek government official has revealed that Afghanistan, Pakistan and Uzbekistan are in “conceptual agreement” on creating a transit corridor to connect the Central Asian nation to ports on the ...