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05/17/2026 / By Edison Reed
Moscow Describes Bilateral Ties as Multidimensional
Kremlin Press Secretary Dmitry Peskov said on May 15 that Russia-China relations encompass...
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05/14/2026 / By Garrison Vance
Russia's oil export revenues reached $19.18 billion in April, a $6.28 billion increase from the same month a year earlier, according to the...
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05/14/2026 / By Sterling Ashworth
Total car sales in China fell to 1.4 million units in April, a 21.5% decline compared with the same month last year, according to data cited by...
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05/14/2026 / By Sterling Ashworth
The U.S. Department of Energy (DOE) announced Monday, May 11, that it will loan 53 million barrels of crude oil from the Strategic Petroleum Reserve...
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05/14/2026 / By Sterling Ashworth
Indian Prime Minister Narendra Modi on Sunday urged citizens to reduce fuel consumption by working from home and limiting travel, according to...
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05/13/2026 / By Garrison Vance
Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle...
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05/10/2026 / By Garrison Vance
Brent crude oil fell 4.3% to $96.96 per barrel on May 7, 2026, during volatile trading, as renewed hopes of a U.S.-Iran peace deal emerged, according...
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05/10/2026 / By Garrison Vance
Nearly 10,000 crude oil short contracts, valued at approximately $920 million, were placed at 3:40 a.m. on Wednesday, May 6, without any major news...
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05/09/2026 / By Garrison Vance
U.S. oil product exports surged to a record 8.2 million barrels per day last week, according to Bloomberg reporting. Diesel exports led the increase...
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05/08/2026 / By Garrison Vance
HY Energy, a Chinese fuel trading company, has filed two separate lawsuits in Shanghai and Beijing against JPMorgan and Citigroup, alleging the banks...
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05/06/2026 / By Sterling Ashworth
Chevron’s Mike Wirth Warns of Emerging Physical Shortages in Crude Oil, Asian Markets to be Hit Hard
Chevron CEO Mike Wirth said signs of physical crude oil shortages are emerging, warning that economies will need to slow as demand adjusts to...
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05/06/2026 / By Garrison Vance
China’s Ministry of Commerce formally invoked its 2021 Blocking Rules for the first time on May 4, ordering all entities in the country to...
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05/06/2026 / By Sterling Ashworth
The United Arab Emirates has officially withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), the group announced on X on...
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05/06/2026 / By Garrison Vance
Global oil prices topped $114 per barrel and settled at a four-year high following Iranian attacks on the United Arab Emirates (UAE), according to...
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05/04/2026 / By Edison Reed
Meta signed a deal with startup Overview Energy to develop up to 1 gigawatt of space-based solar power, according to a report by Haley Zaremba on...
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05/03/2026 / By Garrison Vance
Khamenei Rejects Trump Demands
Ayatollah Mojtaba Khamenei, Iran’s supreme leader who has not been seen since being injured in the first U.S....
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05/01/2026 / By Garrison Vance
A maritime intelligence firm reported on April 29 that a group of U.S.-sanctioned oil tankers are falsifying their location data to appear anchored...
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04/29/2026 / By Garrison Vance
UAE Announces Withdrawal from OPEC
The United Arab Emirates (UAE) said on Tuesday, April 28, that it will leave the Organization of the Petroleum...
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04/29/2026 / By Patrick Lewis
Fossil fuel conglomerates and arms manufacturers are the primary beneficiaries of the escalating U.S.-Israel conflict, with oil and gas...
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04/28/2026 / By Sterling Ashworth
Oil Prices Rise After U.S.-Iran Tensions Threaten Strait of Hormuz
Crude oil futures climbed sharply on Monday, April 27, as heightened U.S.-Iran...
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