The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, posted a record-high profit of $185 billion for the first half of 2026, as Asian technology stocks ...
Shares in Danish wind turbine maker Vestas Wind Systems surged more than 20% after the company raised its full-year profit guidance and announced a €400 million share buyback, signaling a sharp ...
Crude oil inventories in the United States saw a massive increase of 17.4 million barrels during the week ending August 7, according to new data from the U.S. Energy Information Administration (EIA) r ...
IEA cuts its 2026 oil supply forecast again, citing the Hormuz shutdown and a Q3 deficit it calls the worst in nearly five years.
The Ukrainian forces have reportedly suspended drone attacks on oil tankers at the port of Novorossiysk following a request by U.S. Vice-President JD Vance, the Financial Times wrote today, citing ...
The Trump administration will put oil and gas leases covering more than 81 million acres in the Gulf of Mexico up for auction on Wednesday, August 12, in the third of 30 Gulf lease sales mandated ...
Khamenei’s latest appointments formalize command arrangements that had largely operated on an interim basis after senior Iranian commanders were killed. Ali Abdollahi’s elevation may signal further ...
Indian state-controlled oil refiners continue to search the market for spot crude supply as term deliveries are constrained by the ongoing crisis in the Middle East and its key oil chokepoint, the ...
Brent crude climbed above $89 per barrel as traders continued to price in disruption risks around the Strait of Hormuz. Iran says Hormuz will remain closed unless Washington meets its conditions, ...
Oil flows from the Middle East have normalized, with Sunday traffic alone above pre-conflict averages, U.S. Secretary of Energy Chris Wright said on Tuesday in a claim that appears not to be backed by ...
Repeated drone strikes on Libya’s Zawiya energy complex are threatening refinery operations, power supplies and potentially oil exports.
Russia has begun importing gasoline from India as Ukrainian drone attacks and reduced refinery runs tighten its domestic fuel market.