Market-moving news and intelligence across global energy markets.
OPEC+ may freeze oil production quotas from October 2026 through January 2027, ending monthly increases amid persistent global supply constraints and geopo
Global oil prices surged as renewed Middle East airstrikes reignited supply fears, with WTI and Brent crude rebounding significantly amid escalating geopol
OPEC+ is expected to pause oil production increases from October, maintaining 2 million bpd cuts amid Middle East conflict and IEA's 2027 surplus projectio
OPEC+ is expected to suspend oil production increases beyond September 2026, signaling caution over market balance and future quotas, sources indicate.
Despite significant supply disruptions from the Iran conflict, global oil and gas prices have shown a surprisingly muted reaction, driven by market buffers
Global oil prices dropped sharply on July 27 as the US and Iran paused military strikes, easing fears of wider Middle East conflict and supply disruptions.
Europe's gas storage levels remain critically low at 54% as global LNG market tightness, exacerbated by Strait of Hormuz disruptions, diverts cargoes to As
Ship insurers restrict war-risk coverage for Saudi cargoes in the Red Sea amid Houthi threats, driving up costs and physical crude prices towards $110/b.
Oil prices surge over 4% to six-week highs as escalating US-Iran hostilities and Houthi threats disrupt key Middle East transit routes, impacting global su
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