TotalEnergies is offering millions of barrels of Iraqi crude to Asian buyers as shipping conditions through the Strait of Hormuz keep improving.
Eneos has locked in crude supply through September and is now looking to cut its heavy reliance on Middle East oil after the Hormuz disruption.
India’s crude oil stocks climbed to a near one-year high in June as record imports from Russia and Venezuela rebuilt reserves drained by the Iran war.
Citigroup forecasts Brent crude falling to $60-$65 a barrel by year-end as Hormuz shipping normalizes and a U.S.-Iran deal nears.
India’s oil minister denies direct fuel sales to Russia, but says trader-led shipments of Indian gasoline may be reaching Moscow’s fuel-starved market.
Oil is set for a fourth straight weekly loss as the Strait of Hormuz reopens and Saudi Arabia ramps up crude exports to Asia.
PJM issued a maximum generation alert for July 3 as a punishing heat wave pushes electricity demand near record highs across its 13-state footprint.
Alberta and Ottawa announced a new 1 million bpd pipeline to Canada's Pacific coast, giving oil producers a bigger route to ...
India's coal-fired power generation jumped 14% in June to 120.20 billion kWh, the highest level since November 2023, as drought squeezed hydropower.
No longer restricted by OPEC caps and launching a major post-quota production increase, the UAE is aligning its pricing ...
Iran has rapidly ramped up crude exports after the U.S. temporarily lifted sanctions and ended its naval blockade under a ...
Bankers at London Climate Action Week say fragmented EU markets and rigid rules are stalling Europe’s energy transition amid ...
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