New Trump administration greenlights its first Louisiana LNG plant
The agency that granted the permit found in 2024 that approving additional LNG exports could raise natural gas prices for U.S. consumers.
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MUSCAT: In a compelling keynote address at the 18th Annual GPCA Forum, Prof Christof Rühl, a renowned Senior Research Scholar at Columbia...
The front-month contract for Brent crude North Sea oil was down USD 0.58 at USD 78.52/bbl on Ice Futures, while the WTI equivalent stood USD 0.79 lower on the day at USD 75.06/bbl. Both contracts had peaked at six-week highs above USD 81/bbl and 77/bbl, respectively, on Monday, buoyed largely
Oil’s recent slump to the low $70s and the brief dip into the $60s handle could open the door wider for the major economies to avoid recessions
US hiring fell short of forecasts in August fueling an ongoing debate over how much the Fed should cut rates. Also on the show: Oil is edging higher from its...
OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.
The front-month contract for Brent crude North Sea oil was down USD 0.40 at USD 73.35/bbl on Ice Futures, while the WTI equivalent stood USD 0.42 lower on the day at USD 69.92/bbl. Earlier today, the Brent and WTI benchmarks touched USD 73.14/bbl and USD 69.73/bbl, the lowest levels since
After a strong start to the summer, the outlook for oil prices is unravelling — leaving trading desks, supermajors and Middle East producers grappling with what comes next.
Oil has been the primary name in fuel for decades. But with a limited supply and consumers turning to EVs, peak oil may soon be arriving.