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Energy Slides Alongside Oil on Iran Cease-Fire -- Energy Roundup
Iran told mediators it would limit the number of ships crossing the strait to around a dozen a day and charge tolls under the cease-fire struck by President Trump, showing Tehran plans to keep control over the world's most important energy-shipping…
As Iran war jolts global oil, can China's energy storage tech blunt the impact?
China's exports of energy storage equipment are expected to keep rising as the US-Israeli war in Iran renews global calls for energy independence, industry insiders and analysts said. The total export value of Chinese inverters – key…
Daily on Energy: The ceasefire and a huge oil price drop
IRAN LATEST – TRUMP'S CEASEFIRE: President Donald Trump 's deadline last night came and went after the U.S. and Iran agreed on a two-week ceasefire as the two countries continue to negotiate. “Based on conversations with Prime…
Why oil prices are trending | CNN Business
Almost immediately after President Donald Trump agreed to a two-week ceasefire with Iran on Tuesday, crude oil plunged to the lowest level in about three weeks. CNN's Matt Egan explains when you might see lower prices at the gas pump. Discover more…
Oil price rises as markets question durability of Middle East ceasefire
Oil and gas prices rose on Thursday and Asian stock markets retreated as the two-week ceasefire in Iran looked increasingly shaky, with Israel continuing attacks on Lebanon and the US and Iran threatening a return to military action. A day after…
Oil prices drop amid ceasefire
While oil prices are still higher than before the war with Iran, the massive drop suggests markets are optimistic about the president's ceasefire announcement. Trump said Tuesday that he would “suspend” attacks on Iran for two weeks…
Oil and gas prices will be lower but still elevated
The ceasefire does not immediately restore oil flows through the Strait of Hormuz. Shipping volumes remain constrained. Insurance costs will remain elevated. Under the most optimistic assumptions, it will take months for oil flows to reach pre-war…
Watch Oil Unlikely to Go Back to Pre-War Prices, Energy Aspects Says
Oil Unlikely to Go Back to Pre-War Prices, Energy Aspects Says Energy Aspects Global Gas Head Livia Gallarati discusses energy markets amid the fragile ceasefire between the US and Iran. Speaking on Bloomberg Television, she says both oil and gas…
Tourmaline Oil Corp. stock falls Wednesday, underperforms market
Shares of Tourmaline Oil Corp. TOU shed 3.70% to C$62.01 Wednesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 1.15% to 33,620.57. Tourmaline Oil…
India Oil Minister Heads to Qatar With Eye on Swift LNG Supply
Indian Oil Minister Hardeep Puri is heading to Qatar for a two-day visit from Thursday, seizing the opportunity presented by a tentative US-Iran ceasefire to press for priority gas delivery and speedy supply of cooking fuel. India depends on…
Reform calls for 'every last drop' of oil and gas to be extracted in UK
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Reform UK has backed fracking for shale gas…
Goldman warns of 'very painful' natural gas shock that could rival oil crisis
While the war in Iran has oil markets on edge, a natural gas crisis may be brewing, warned a top Goldman Sachs analyst. The concern centers on Qatar, which supplies about one-fifth of the world's global liquefied natural gas. Production at…
Will shipping in the strait of Hormuz - and oil prices - return to normal?
Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from over If the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the energy crisis since Iran's…
Stocks surge and oil tumbles amid US-Iran ceasefire
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Stocks in London soared on Wednesday, as oil prices fell…
Argentina hits record oil output as Vaca Muerta drives growth
April 8 (UPI) -- Argentina reached record oil production levels, with output climbing to 874,000 barrels per day, a 15.9% increase from a year earlier, a report by consulting firm RICSA ALyC states. The study attributes the expansion largely to the…
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