European Gas Storage Hits 61.37% as Injection Rates Trail Five-Year Average
Energy

European Gas Storage Hits 61.37% as Injection Rates Trail Five-Year Average

GIE data show EU gas storage at 61.37% on Aug. 17, 17.06 points below the five-year average, with August LNG imports for...

Aoife Keane 👁 128 💬 0
Washington’s Hormuz Export Claims Clash With Tanker Tracking Data
Energy

Washington’s Hormuz Export Claims Clash With Tanker Tracking Data

Kpler and JPMorgan data challenge Energy Secretary Chris Wright's claim that Gulf oil exports have returned to pre-war l...

Aoife Keane 👁 76 💬 0
European Gas Prices Rise 1% to $727 on Middle East Risk
Energy

European Gas Prices Rise 1% to $727 on Middle East Risk

Front-month TTF futures traded at $726.50 on ICE Friday evening, up 0.9% from a $720 settlement, as Middle East conflict...

Aoife Keane 👁 60 💬 0
Natural Gas Could Triple at Some U.S. Hubs, Hitting Hyperscaler AI Power Plans
Energy

Natural Gas Could Triple at Some U.S. Hubs, Hitting Hyperscaler AI Power Plans

Noreva sees U.S. gas prices rising above $10 per million BTUs as AI data center demand meets LNG exports and slower supp...

Aoife Keane 👁 59 💬 0
Oil Prices Rise Over 1% as US Threatens Open-Ended Iran Naval Blockade
Energy

Oil Prices Rise Over 1% as US Threatens Open-Ended Iran Naval Blockade

Crude extends weekly gains above 5% after Washington signals unprecedented economic isolation measures and revives suppl...

Aoife Keane 👁 46 💬 0
European TTF Gas Prices Slip 1% but Hold Above $720
Markets

European TTF Gas Prices Slip 1% but Hold Above $720

Benchmark European gas futures eased to around $722 per thousand cubic metres, but Middle East uncertainty keeps the mar...

Yael Ben-David 👁 52 💬 0
Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher
Energy

Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher

Brent crude has risen more than $5 a barrel this week to exceed $90 as shipping through the Strait of Hormuz remains red...

Aoife Keane 👁 51 💬 0
Oil Slides as OPEC and IEA Slash Demand Outlook, US Inventories Jump
Energy

Oil Slides as OPEC and IEA Slash Demand Outlook, US Inventories Jump

Brent and WTI futures drop after OPEC cuts 2026 demand growth to 580,000 bpd and the IEA warns of a possible 1.6m bpd co...

Aoife Keane 👁 68 💬 0
Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes
Energy

Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes

Brent and WTI crude extended Monday’s 5% rally after attacks near the Strait of Hormuz and Houthi-linked incidents in th...

Aoife Keane 👁 42 💬 0
Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution
Energy

Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution

Crude prices surged after Washington demanded reparations from Tehran while Iran insisted on all its conditions being me...

Aoife Keane 👁 42 💬 0
U.S. Oil Inventories to Stay Tight Through 2026 as Exports Surge, EIA Says
Energy

U.S. Oil Inventories to Stay Tight Through 2026 as Exports Surge, EIA Says

Strong crude exports, falling imports and high refinery runs will keep U.S. commercial crude stocks below seasonal norms...

Aoife Keane 👁 45 💬 0
Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge
Markets

Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge

Oil futures rose Monday as talks over the Strait of Hormuz navigation remain uncertain, with Iran demanding US compensat...

Yael Ben-David 👁 69 💬 0
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Energy

Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive

Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...

Aoife Keane 👁 60 💬 0
Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening
Energy

Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening

Brent crude rose 1% to $84.39 after Iran said the Strait of Hormuz will only reopen once the U.S. meets conditions inclu...

Aoife Keane 👁 58 💬 0
Diesel Prices Surge 40% as War Disruptions Set Stage for Winter Crunch
Energy

Diesel Prices Surge 40% as War Disruptions Set Stage for Winter Crunch

Geopolitical disruptions in the Middle East and Ukraine are choking global diesel exports. With European inventories dow...

Aoife Keane 👁 75 💬 0
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Energy

WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist

Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...

Aoife Keane 👁 35 💬 0
Brent Crude Drops to $78.5 on US-Iran Shipping Talks and Inventory Build
Markets

Brent Crude Drops to $78.5 on US-Iran Shipping Talks and Inventory Build

Brent crude fell over 1% to $78.50 a barrel on Wednesday, reversing earlier gains, as markets reacted to reports of US-I...

Yael Ben-David 👁 34 💬 0
Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz
Energy

Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz

Brent and WTI hit three-week lows after Qatari mediators and U.S. Treasury Secretary Scott Bessent raised hopes a diplom...

Aoife Keane 👁 40 💬 0
Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears
Energy

Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears

Brent crude drops 6% to $86.8, European gas sheds 7.8% after reports that Oman-mediated talks could reopen the Strait of...

Aoife Keane 👁 61 💬 0
Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90
Markets

Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90

Oil prices fell sharply in early Asian trading after the US and Iran halted attacks, with Brent briefly trading below $9...

Yael Ben-David 👁 38 💬 0
Brent Hits $95 as Dual-Strait Crisis Shakes Oil Trade Routes
Energy

Brent Hits $95 as Dual-Strait Crisis Shakes Oil Trade Routes

Brent crude surged 4.2% to nearly $95 a barrel after U.S. strikes on Iran and Houthi threats against Saudi shipments rai...

Aoife Keane 👁 38 💬 0
Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat
Energy

Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat

Rising war costs and a Houthi naval blockade are disrupting tanker traffic through the Strait of Hormuz, putting oil pri...

Aoife Keane 👁 47 💬 0