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Malaysia's national energy company, Petronas, plans to increase its liquefied natural gas (LNG) production by 38% by 2035 to replace unstable Middle Eastern supplies.
Malaysia's national energy company, Petronas, plans to increase its liquefied natural gas (LNG) production by 38% by 2035 to replace unstable Middle Eastern supplies.
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Yardeni: Iran May Cause Disruptions and Keep Oil Prices Elevated
Yardeni: Iran May Cause Disruptions and Keep Oil Prices Elevated
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JPMorgan Chase analysts stated that oil price models are difficult to predict due to the ongoing war in Iran.
JPMorgan Chase analysts stated that oil price models are difficult to predict due to the ongoing war in Iran.
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Former Trafigura CEO Contender Hadi Hallouche Launches New Energy Trading Firm Oxitera SA
Former Trafigura CEO Contender Hadi Hallouche Launches New Energy Trading Firm Oxitera SA
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Five people have died as clashes between Saudi Arabia and Yemen's Houthi rebels escalate. The Houthi leader denied attacking Mecca, and China has privately asked Iran to restrain the Houthis.
Attacks between Saudi Arabia and Yemen's Houthi rebels have escalated, killing at least five people, including three children, Al Jazeera reported. Saudi civil defense authorities said that after inte
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The U.S. will reopen its largest port for live cattle shipments from Mexico to alleviate domestic cattle shortages.
The U.S. will reopen its largest port for live cattle shipments from Mexico to alleviate domestic cattle shortages.
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Goldman Sachs lowers its diesel spread forecast, turning bullish on European gasoline, as refiners squeeze gasoline output to compensate for tight diesel supply.
Goldman Sachs noted in its latest report on September 16 that the global fuel market tightness is spreading from diesel to gasoline. Refiners, in an effort to address tight diesel supply, have increas
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Copper is up 2.01% intraday, now trading at $6.640.
Copper is up 2.01% intraday, now trading at $6.640.
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Saudi Aramco seeks fuel supplies in the Mediterranean region after attacks on its energy facilities.
Saudi Aramco has been seeking to procure thousands of tons of diesel in the Mediterranean region after a series of attacks on its energy facilities in recent weeks.
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European natural gas prices rose by 0.45% to €78.37/MWh, as the German government increased natural gas purchases to replenish inventories.
European natural gas prices rose despite a drop in oil prices, driven by expectations of a faster return of Saudi Arabian oil supply. Below-average inventory levels in Germany, especially with winter
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WTI crude oil is down 2.68% today, currently trading at $99.680.
WTI crude oil is down 2.68% today, currently trading at $99.680.
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JERA CEO Yukio Kanno expects LNG spot prices to continue rising due to low European inventories and supply disruptions in the Strait of Hormuz.
JERA CEO Yukio Kanno expects LNG spot prices to continue rising due to low European inventories and supply disruptions in the Strait of Hormuz.
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Al Jazeera analysis: Rising energy prices are pushing global inflation higher again, forcing major central banks to raise interest rates
Al Jazeera analysis indicates that rising energy prices are once again driving global inflation, compelling major central banks to increase interest rates. Oil prices surged past $100 a barrel last we
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Al Jazeera Commentary: Trump's remarks on the Houthis may signal the limitations of US security commitments in the Middle East
Al Jazeera commented that US President Donald Trump's remarks on September 12 regarding the Houthi movement might suggest the limitations of US security commitments in the Middle East. In Dublin, Trum
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Saudi Arabia Shifts Oil Exports to Hormuz, Employs Dark Shipments and Ship-to-Ship Transfers Following Pipeline Damage and Red Sea Blockade
Saudi Arabia, the world's second-largest crude exporter, is rerouting crude via dark shipments and ship-to-ship transfers off Oman. This comes after drone attacks last week knocked out part of the cou
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Brent crude oil is down 5.23% today, now trading at $100.300.
Brent crude oil is down 5.23% today, now trading at $100.300.
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WSJ: Saudi Arabia's shuttle service through the Strait of Hormuz has become the best backup option for its oil exports after a pipeline was destroyed by militants.
The Wall Street Journal analysis points out that militants have destroyed the world's most important oil pipelines, making shuttle services through the Strait of Hormuz, along with Saudi Arabia's reco
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Analyst Sutcliffe: Houthi aim is leverage over Saudi Arabia
Megan Sutcliffe, Principal Analyst for the Middle East and Africa at Sibylline, stated that the Houthi attacks in the region are aimed at gaining leverage over Saudi Arabia.
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Indian sugar prices have surged to 75 rupees per kilogram, an increase of nearly 90% compared to the same period last year, driven by declining production and robust festival demand.
India, the world's largest sugar consumer, has seen its retail sugar prices rise from 40 rupees per kilogram in September 2025 to 75 rupees (approximately $0.79) in recent months. The government proje
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Huawei Ascend 950 SuperNode has entered the phase of large-scale commercial deployment, with over 1,000 sets already deployed.
Wang Tao, Vice Chairman and Rotating Chairman of Huawei, announced at the 2026 HUAWEI CONNECT conference that the Ascend 950 SuperNode has entered large-scale commercial deployment with over 1,000 set
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Huawei officially released the Ascend 960 ultra-node and launched Hi-ONE, the industry's first mass-produced NPO optical interconnect product.
At HUAWEI CONNECT 2026, Huawei announced the official release of the Ascend 960 SuperNode, with air-cooled and liquid-cooled versions to be available in Q3 and Q4 2027, respectively. Concurrently, Hua
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U.S. diesel prices surged to a record high of $6.29 per gallon, and the Federal Reserve raised interest rates by 25 basis points to a range of 3.75%-4% on Thursday.
The average price of diesel in the U.S. reached a record $6.29 per gallon this week, up nearly 80% year-to-date, exacerbating inflation concerns. Meanwhile, the Federal Reserve raised interest rates b
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Thailand seeks more crude oil supplies outside Middle East, reducing reliance to below 30% from 60%
Energy Minister Akanat Promphan stated that oil supply disruptions are prompting Thailand, like many other countries, to accelerate its energy transition. He added that Thailand has diversified its oi
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Posco International acquires US shale gas asset for $550 million
Posco International, the trading and energy arm of South Korea's Posco Group, signed an agreement on Monday to acquire a 100% stake in US shale gas assets from a subsidiary of Texas-based Chord Energy
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US Retailers Restrict Motor Oil Supply, Prices Soar Fourfold
A U.S. retailer has begun limiting sales of automotive engine oil due to supply shortages, leading to a fourfold price increase.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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NVIDIA VP: AI Era Reshapes Hardware Cost Reduction Logic, Chip Evaluation Shifts to "Total Tokens Throughput Per Megawatt"
NVIDIA Vice President Ian Buck stated that in the era of AI factories, the most effective way to reduce token costs is to deliver significantly improved computing performance (10 to 30 times) with eac
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
NVIDIA VP Ian Buck stated that the shift from Chat mode to Agentic AI removes the human-in-the-loop buffer, allowing hashrate to operate at seamless, high-frequency full load. In AgentX benchmarks, th
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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The Strait of Hormuz cargo trade has vanished, forcing businesses to find alternative routes
The Strait of Hormuz, once a transit hub for goods ranging from helium to corn, has seen its cargo trade disappear, prompting businesses to seek alternative shipping routes.
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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Venezuela and TotalEnergies Sign MOU, Paving Way for French Oil Giant's Return
Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.
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JPMorgan Chase analysts warn: The biggest impact of El Niño on global agriculture is expected to materialize in Q1 2027.
Tracey Allen, JPMorgan Chase's head of agricultural commodities, stated in a research report published on September 18 that the intensifying El Niño phenomenon, coupled with global diesel and fertiliz
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U.S. retail diesel prices surged to a record high of $6.45 per gallon, as Congress considers legislation to ban exports.
Global diesel supplies remain tight due to the Russia-Ukraine conflict and the situation in the Middle East. U.S. Representative Tim Burchett introduced a bill this week to ban diesel exports, and Sen
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The Saudi-led coalition announced it intercepted a ballistic missile fired by Houthi rebels towards Riyadh, while the Houthis claimed responsibility for attacking sensitive sites in Riyadh and Aramco facilities in Yanbu.
The Saudi-led coalition announced that Iranian-backed Houthi rebels launched a ballistic missile towards the Saudi capital, Riyadh, at dawn on Saturday, but it was successfully intercepted and destroy
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US Commander Says Strait of Hormuz Oil Shipments Hit Six-Month High, Citing Effective US Navy Escorts and Mine Clearance
Oil and liquefied natural gas shipments through the Strait of Hormuz reached a six-month high in the past two weeks, a U.S. regional commander said, indicating that U.S. Navy protection and mine clear
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Europe's winter power market is flashing its strongest warning since the energy crisis, with German wholesale electricity prices for January soaring over 60% year-on-year.
Bloomberg Markets reports that as Europe enters winter, the electricity market is flashing its strongest warning since the energy crisis. German wholesale electricity prices for January have traded ab
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Barclays: Humanoid robot computing power demand is mainly concentrated in edge AI, with limited but significant incremental growth for data centers.
Barclays Research states that the inference stage for humanoid robots needs to be completed on edge processors within the robots themselves. Data center computing power is primarily used for simulatio
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Riyadh, Saudi Arabia, issues its first air raid alert since Houthi attacks escalated in July.
Saudi civil defense authorities issued air raid alerts in the capital Riyadh and several other regions on Friday evening and Saturday morning local time, following reports of explosions in the capital
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Houthis accuse Saudi Arabia of 26 attacks in 24 hours, EU raises alert level for Red Sea naval mission.
The conflict in Yemen continues to escalate, with Houthi rebels stating that Saudi Arabia launched 26 attacks on their controlled areas in the past 24 hours, totaling 300 over the past week. Meanwhile
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Venezuela's government is sidelining a senior American oil executive from Chevron.
The veteran oil executive, previously responsible for Chevron's strategy in Venezuela amidst years of political turmoil, is currently being sidelined by the Venezuelan government.
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Japan's Sojitz plans chip material transport hub for Tata fab in India
Japanese trading house Sojitz plans to establish a specialized logistics center in India for semiconductor materials. The hub will be located near a chip fabrication plant currently under construction
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Macron to Convene G7 Meeting to Discuss Strategic Oil Reserve Release After European Diesel Retail Prices Exceed $300
French President Emmanuel Macron stated on Friday that he would convene a G7 meeting within weeks to discuss the possibility of releasing strategic petroleum product reserves. This move signals Europe
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A surge of copper is flooding into the U.S., causing a backlog at the Port of New Orleans.
A surge of copper is flooding into the U.S., causing a backlog at the Port of New Orleans.
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