Energy
Germany Weighs Market Incentives to Boost Record Low Gas Storage Level
Germany is considering expanding a key market incentive to encourage traders to raise gas storage levels ahead of the wi…
Energy
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Energy
U.S. Investigates Suspected Cyber Attacks on Texas-Bound Tankers
U.S. Coast Guard and Federal Bureau of Investigation (FBI) agents last month boarded tankers to probe suspected cyber at…
Energy
Japan’s Top LNG Buyer to Sell Excess Gas in Global Markets
The biggest Japanese LNG importer and largest power producer, JERA, plans to sell liquefied natural gas in the long term…
Energy
Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline
So far this week, Saudi Arabia has sold as many as 20 million barrels of crude oil in the spot market to be picked up fr…
Energy
Japanese Refiners Rush for Oman Crude After Saudi Pipeline Shutdown
Some refiners in Japan this week rushed to buy Oman’s crude for earlier loadings after Saudi Arabia shut down its key pi…
Energy
Japan’s Oil Import Bill Soars 59% as Trade Deficit Deepens
Japan’s oil import bill surged by 58.7% on the year last month, with volumes rising by a much more modest 3.6%. This pus…
Energy
Hormuz Shipping Traffic Remains Stuck in Single Digits
Tanker traffic in the Strait of Hormuz remains a fraction of pre-war levels, with four vessels traversing the waterway o…
Energy
China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink
China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs,…
Energy
Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers
The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the …
Energy
CCC: Heathrow expansion could push flights to ‘80% of UK emissions by 2050’
Aviation is on track to be responsible for 80% of the UK’s carbon dioxide (CO2) emissions by 2050, according to… T…
Energy
Chinese Solar Panels Drop to 12 Cents a Watt, Rooftop Installs Surge Worldwide
Chinese-made photovoltaic panels cost 12 cents a watt in 2026, down from $5-$6 at the turn of the millennium, and that p…
Energy
Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil pri…
Energy
U.S. Oil Inventories Jump as Cushing Stocks Keep Falling
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a very large 7.…
Energy
Sam Altman Is Selling Utilities the Cure for a Cyberattack His Own AI Helped Cau
The artificial intelligence boom is driving a new wave of autonomous cyberattacks, posing a major and growing threat to …
Energy
Texas Pumped Over a Quarter of All U.S. Natural Gas in 2025
U.S. gross natural gas withdrawals reached 47.7 trillion cubic feet in 2025, with a small group of states accounting for…
Energy
ADNOC Scoops Up Iraqi Crude at $25 Per Barrel Discount
ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing …
Energy
The New ‘Mecca Alliance’ Warns Iran Over Houthi Attacks on Saudi Arabia
Despite the official Iranian view reiterated last week that it “does not control the Houthis [in Yemen]”, it was senior …
Energy
BRICS Summit Takes Aim at U.S. Influence Over the Global Economy
Like the Shanghai Cooperation Organization, BRICS, the global grouping of emerging markets and developing countries, is …
Energy
Saudi Oil Crisis Deepens as Aramco Suspends Yanbu Loadings
Saudi Arabia suspends Yanbu oil loadings after halting its East-West pipeline, sending Brent back to $108. Asia’s Oil Cr…
Energy
Libya Threatens Force Majeure as Oil Guards Shut Fields
Libya’s National Oil Corporation is threatening to declare force majeure after members of the security force assigned to…
Energy
U.S. Diesel Prices on Track for Record Year
Diesel prices in the U.S. just climbed above the previous weekly record set in 2022, and the 2026 annual-average record …
Energy
Saudi Aramco Cancels European Crude Cargoes as Key Pipeline Stays Shut
Saudi Aramco has canceled or delayed crude deliveries to European refiners after the shutdown of the kingdom’s East-West…
Energy
Can The Power Grid Handle AI And Wildfires At The Same Time?
Federal regulators handed utilities a deadline this summer that has nothing to do with a storm or a heat wave. On July 1…
Energy
Russia and Ukraine Exchange Strikes Despite Trump’s Claim of a Truce
Russia and Ukraine exchanged strikes overnight, hitting a gas station and an oil refinery, according to local authoritie…