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Pound Sterling Price News and Forecast: GBP/USD remains weaker as UK-US yields narrow
GBP/USD extends its losses for the second consecutive day, trading around 1.3450 during the Asian ho...
British Pound remains weaker as UK-US yields narrow, US Dollar strengthens
GBP/USD extends its losses for the second consecutive day, trading around 1.3450 during the Asian ho...
French Navy Intercepts Suspected Shadow Fleet Vessel Bound From Russia
The French Navy has boarded and seized in the Atlantic a Russia-linked oil tanker which is under international sanctions, French President Emmanuel Macron said on Monday. The French navy on Sunday mor ...
Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet
A Danish shipyard has remained the single EU facility that services LNG carriers that transport gas from Novatek’s Yamal LNG terminal, the Financial Times has reported, citing a local NGO. According t ...
Indian Refiners Freeze Domestic Jet Fuel Prices
Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by ...
Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks
Demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets, Goldman Sachs commodity analysts said in a note. “We see significant upside price ris ...
Oil Prices Rise as Israel Expands Lebanon Offensive
Oil prices climbed in early Asian trading on Monday as Israeli troops moved further into Lebanon over the weekend, adding fuel to fears that the broader Middle East conflict is moving toward escalatio ...
The Iran War’s First 90 Days Upended Energy Markets
The Iran war suddenly turned what had started as a year of oversupply in global oil and LNG markets into the worst oil and gas supply disruption in history. Three months after the U.S.-Israeli strikes ...
Britain’s Nuclear Renaissance Faces Mounting Cost Pressures
The United Kingdom is focused on diversifying its energy mix away from fossil fuels to boost energy security and support decarbonisation aims. This includes expanding its nuclear power capacity with t ...
Spent Nuclear Fuel Could Be America's Answer to Russia's Uranium Grip
Nuclear fuel is becoming a geopolitical battleground as the world increasingly turns to nuclear energy to contend with skyrocketing energy demand projections. The combination of an oil-based energy cr ...
The Race to Build the World’s Largest Solar Farms Is Accelerating
Over the last two decades, solar panels have fallen in price while efficiency has increased. Greater uptake and high levels of investment in research and development have led to vast improvements in s ...
China’s Oil Buying Pause Won’t Last Forever
China has been cited as an example of a country that has managed to insulate itself relatively well against oil crises. With over a billion barrels in estimated inventories before the war in the Middl ...
America’s LNG Boom Is Real — But China Is Planning Beyond It
The Iran war has handed the United States a rare opportunity: a new dawn of energy dominance in an increasingly fractured world. With coordinated US-Israeli strikes disrupting the Strait of Hormuz fro ...
Cuba Bets on Solar Power as Energy Crisis Deepens
Cuba has been experiencing a worsening energy crisis for several years, which previously led it to rely heavily on Venezuela for its fuel. Following the United States’ intervention in Venezuela in Feb ...