Market-moving news and intelligence across global energy markets.
The EU's 21st sanctions package tightens restrictions on Russian LNG, freezes the oil price cap, and expands financial and trade measures, impacting energy
European refining margins hit record highs for diesel and gasoline as Russian export bans and Ukrainian drone attacks tighten fuel supply, decoupling from
TotalEnergies can continue selling Russian LNG to Asia after the EU allowed European firms to ship gas outside the bloc, reversing an earlier ban.
Europe faces a challenging winter with dwindling energy supplies, low gas storage, and diverted LNG cargoes due to Middle East conflicts and Asian demand.
European gas prices surge by 50% as EU enacts 21st sanctions package, freezing Russia's oil price cap amid Strait of Hormuz disruptions.
European natural gas prices have surged to €60/MWh, driven by renewed US-Iran hostilities disrupting LNG flows and leaving EU gas storage significantly bel
Goldman Sachs raises European gas price forecasts for Q3 and Q4 2026, citing prolonged disruptions in Persian Gulf LNG exports via the Strait of Hormuz.
The European Union recommends suspending methane emission penalties for oil and gas firms from 2027-2030, citing energy security and US pressure amid the U
The EU recommends suspending methane emission penalties for oil and gas firms from 2027-2030, prioritizing energy security over climate goals amid global m
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