The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea […]
A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just after midnight. According to security consultant Ambrey, the ship incurred minor damage on its port […]
In an oil and gas report sent to Rigzone recently, Macquarie strategists said they do not expect current Mid East tensions to reduce crude supply, “even with large changes to normal shipping routes already underway”. […]
Traders are purchasing call option spreads on Brent Crude, betting that oil prices will hit $110 per barrel by the end of March and April, with bets equivalent to around 30 million barrels. Current market […]
Washington is discussing scenarios that could potentially draw it into a war in the Middle East, officials told the outlet The White House is worried that the conflict in Gaza could expand to other parts […]
7 Dec, 2023 12:34 HomeRussia & FSU The region is “full of dangers” and measures have been taken to ensure the president’s safety, spokesman Dmitry Peskov said Russian Su-35S fighter jets accompanied the plane of […]
December 5, 2023 Data source: International Group of Liquefied Natural Gas Importers (GIIGNL), the LNG industry annual reports (2012–22); CEDIGAZ (Jan–Sep 2023) Note: Liquefied natural gas (LNG) exports for 2023 include a nine-month (Jan–Sep) average. […]
The unexpected return of former United Kingdom Prime Minister David Cameron to British politics during Israel’s war in Gaza and pro-Palestinian protests in Britain has sparked questions over the implications for the UK’s policies towards […]
Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]
Since the appalling attack on Israel by Hamas terrorists on 7 October, oil prices have been volatile. Historically, conflicts in the Middle East have had a major impact on oil prices, from the price shocks […]
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