The Trump administration will put back into the Strategic Petroleum Reserve whatever oil it takes out—and then some—during the current emergency drawdown period, Energy Secretary Chris Wright said at...
The dollar got a lift from elevated US Treasury yields on Thursday as investors wagered the Federal Reserve would hike rates this year, while an impasse between the US...
Russia just found itself on the right side of the oil shock. As the Iran war continues to choke flows through the Strait of Hormuz and scramble global crude...
Iran’s dark fleet vessels have been increasingly engaged in ship-to-ship transfers just outside Malaysian waters, exploiting gaps in jurisdiction and enforcement rules to continue shipping oil to China, according...
Chevron struck a deal with Eneos to sell it its 50% interest in Singapore Refining Company. The Japanese energy major will pay close to $2.2 billion for the stake,...
A US company planning to build the country’s first large-scale cobalt processing facility has signed an agreement that could open the door to sourcing hand-dug cobalt from the Democratic...
BlackRock’s GIP has partnered with Singapore’s Temasek and Abu Dhabi’s newest wealth fund L’IMAD and state oil firm Adnoc to launch an infrastructure partnership targeting US$30 billion (RM117.8 billion)...
Oil prices dipped on Thursday after Iran’s state media said about 30 vessels had crossed the Strait of Hormuz in recent hours while the semi-official Fars news agency cited...
Oil prices fell on Wednesday, snapping a three-day rally as investors awaited developments around the fragile Middle East ceasefire and braced for a high-stakes summit in China between US...
A Chinese tanker is attempting to cross the Strait of Hormuz, reported today, citing ship-tracking data showing the VLCC moving south along the eastern side of the chokepoint. The moment...