Oil prices rose on Monday (October 5), supported by renewed concerns over potential disruptions to crude supplies from the Middle East. Brent crude futures gained 81 cents, or 0.79 per cent, to reach $103.06 a barrel by 2202 GMT....
Brent crude held above $103 a barrel early Wednesday as a sharp recovery in oil flows through the Strait of Hormuz offered some relief to a market still grappling with the effects of the prolonged Iran conflict and uncertainty over the waterway's future....
The US sustainable aviation fuel (SAF) market is entering a period of technological expansion and policy uncertainty, with new alcohol-to-jet (AtJ) and power-to-liquid (PtL) projects expected to shape production over the coming decade, according to IDTechEx....
US Secretary of State Marco Rubio and Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani signed a memorandum of understanding on critical minerals in New York....
US forces had supported the safe transit of more than one billion barrels of crude oil through the Strait of Hormuz over the past two months, said its top official, adding that they had facilitated the transit of more than 2,000 commercial vessels through the Strait with “co-ordinated protection”. ...
US inventories of crude oil, gasoline and distillates increased in the week ending September 11, according to data from the American Petroleum Institute. Crude stocks rose by 7.1 million barrels, while gasoline inventories increased by 1.5 million barrels and distillates climbed by 1.6 million barrels week-on-week....
The OECD Nuclear Energy Agency (NEA) and the US will co-host the Roadmaps to New Nuclear 2026 conference in Paris on September 17–18, bringing together government officials, industry leaders, investors and nuclear energy experts....
US crude oil production is expected to hit a record 13.8 million barrels per day (b/d) in 2026, surpassing the previous high of 13.7 million b/d set in 2025, according to the US Energy Information Administration’s (EIA) latest Short-Term Energy Outlook....
US inflation held at 3.4 per cent in August, while monthly consumer prices accelerated sharply to 0.4 per cent from 0.1 per cent in July. Rising petrol prices, up 3.9 per cent, drove about one-third of the overall monthly increase....
Oil prices were heading for their strongest weekly gain since mid-July on Friday as renewed fighting between the United States and Iran heightened concerns over disruptions to Middle East energy supplies....
The US military escorted 40 commercial vessels carrying about 18 million barrels of oil through the Strait of Hormuz on Tuesday, a wartime record, as Washington and Tehran traded their heaviest blows in weeks, CNN reported, citing two US officials familiar with the operation. ...
Shell has agreed to increase its stake in US convenience store operator and fuel distributor Tri Star Energy from 33 per cent to 100 per cent, strengthening its company-owned retail presence in the southeastern US, particularly around Nashville....
Venezuelan interim President Delcy Rodriguez said that a new energy agreement with the US will remain in force for 25 years, targeting crude oil production of more than 1.5 million barrels per day (bpd) while preserving Venezuela’s sovereignty over its natural resources....
The US and Venezuela have reached a major oil agreement granting Washington access to more than 65 billion barrels of reserves, with President Donald Trump calling it the “biggest oil deal in world history.” Venezuela says the agreement could attract more than $100 billion in investment....
US Energy Secretary Chris Wright said the country has reached record levels of oil and gas production, reinforcing its position as the world’s largest energy producer....
The Department of Energy – Abu Dhabi (DoE) has signed a series of Memoranda of Understanding (MoUs) with international regulatory, academic and technology partners during an official visit to the US, strengthening cooperation on the future of the emirate’s energy and water sectors....
Iran and China have pushed back against US President Donald Trump’s threat to impose what Washington says will be the “toughest sanctions in history” on Tehran, warning that unilateral economic pressure could further destabilise the region and damage global trade....
Oil prices remained near their highest level in more than three weeks on Friday as the deadlock over the Strait of Hormuz and a sharp escalation in US economic pressure on Iran raised fresh concerns about global energy supplies....
United Solar has welcomed new US measures to strengthen domestic polysilicon production and solar supply chains, including a $21-per-kg minimum import price for polysilicon and a 15 per cent duty on downstream derivatives, effective December 4, 2026....
US marketed natural gas production is forecast to reach a record 122.5 billion cubic feet per day (Bcf/d) in 2026, surpassing the previous high of 118.5 Bcf/d set in 2025, according to the US Energy Information Administration’s (EIA) August Short-Term Energy Outlook....
