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Energy
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Trump pressures South Korea to sign Alaska LNG deal, threatens "double tariffs" if not signed.
US President Donald Trump stated that if South Korea does not sign the $50 billion Alaska liquefied natural gas (LNG) project soon, he will "double the charges," without specifying what would be doubl
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The Saudi-led coalition refuted Houthi claims of an attack on the Saudi capital, Riyadh, calling them "misleading."
A spokesperson for the Saudi-led coalition stated that claims by Yemen's Houthi rebels of an attack on the Saudi capital, Riyadh, were "misleading" and aimed at diverting attention from their losses o
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Japan imposes first new sanctions on Russia's "shadow fleet," prohibiting maintenance, insurance, and financing services for 35 vessels.
Japan on Friday imposed new sanctions on Russia, aiming to curb Moscow's efforts to circumvent Western energy export restrictions. The sanctions prohibit the provision of services such as maintenance,
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White House's Hassett: September non-farm payrolls "in line with expectations," US Navy has opened the Strait of Hormuz, Donald Trump is serious about cutting the deficit.
Kevin Hassett, Director of the White House National Economic Council, made a series of intensive statements on economic issues on Friday. He defended the latest non-farm payroll report, calling it "in
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NBC: Trump and Macron spoke on Thursday night to discuss the energy situation
NBC: Trump and Macron spoke on Thursday night to discuss the energy situation
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Ukraine attacks key Russian refinery and oil pipeline hub, aiming to curb war financing
Ukraine attacks key Russian refinery and oil pipeline hub, aiming to curb war financing
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Germany says watching diesel supply situation closely
Germany says watching diesel supply situation closely
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Russian Deputy PM Novak: Russia will be considering partially lifting diesel exports restrictions
Russian Deputy PM Novak: Russia will be considering partially lifting diesel exports restrictions
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Russia launches largest combined attack on Ukraine's energy infrastructure since last heating season, testing new high-voltage pylon drones
Al Jazeera reported that Russia has launched its largest combined attack on Ukraine's energy infrastructure since the end of the last heating season, striking a thermal power plant in the Kyiv region
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US refiners' margins increase fourfold, reaping windfall profits as wars push up fuel prices
US refiners have seen their profit margins increase fourfold, leading to windfall profits. This comes as ongoing wars continue to drive up fuel prices for consumers, a trend that has drawn scrutiny to
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UN: Global Fuel Subsidies May Exceed $1 Trillion This Year Due to Iran War
A United Nations study found that governments globally are struggling to shield consumers from rising energy prices, with fuel subsidies potentially costing over $1 trillion this year, largely driven
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Copper Heads for Biggest Weekly Loss Since May as High Energy Costs and Stronger Dollar Threaten Demand
Copper Heads for Biggest Weekly Loss Since May as High Energy Costs and Stronger Dollar Threaten Demand
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Putin: Russian diesel will not get to global markets due to sanctions against Russian oil
Putin: Russian diesel will not get to global markets due to sanctions against Russian oil
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Europe holds emergency talks on diesel reserves amid supply concerns
European nations are holding emergency talks over releasing strategic fuel reserves after pressure from Washington to boost supply. The U.S. has already approved another 40 million barrels from its St
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Trump tells TIME: U.S. will soon be filling up Strategic Oil Reserve
Trump tells TIME: U.S. will soon be filling up Strategic Oil Reserve
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Abu Dhabi is partnering with BlackRock and other global capital firms to invest tens of billions of dollars in building an alternative oil hub to the Strait of Hormuz.
Abu Dhabi sovereign wealth fund L'imad Holding is spearheading the "Zero-Hormuz" strategy, planning to invest tens of billions of dollars in Fujairah Port on the Gulf of Oman. It has already secured a
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IEA's Birol says diesel supply is very tight in Europe and beyond
IEA's Birol says diesel supply is very tight in Europe and beyond
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China Cancels Some Fuel Shipments for October Export to Prioritize Domestic Supply
Chinese fuel exporters have canceled some oil-product cargoes slated for export in October, as Asia’s top consumer prioritizes domestic supply during an extended period of upheaval in global energy ma
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Trump: Met with South Korean President Lee Jae-myung, and both sides agreed to launch $20 billion in new investments in the U.S., including a $12 billion nuclear power project.
Donald Trump stated that he met with South Korean President Lee Jae-myung in New York, and both parties agreed to initiate $20 billion in new investments in the U.S., based on the $35 billion "South K
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Donald Trump is still considering a ban on diesel exports, but said it could have a "negative impact" on gasoline prices.
Donald Trump said on Wednesday that he is still "considering" banning diesel exports to combat high energy prices, but noted that such a move could have a "negative impact" on gasoline. He also mentio
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U.S. senators reached a building permit agreement ahead of the November election, aiming to streamline approvals for energy and infrastructure projects and requiring data center developers to pay energy transmission costs, with a vote expected after the election.
U.S. senators reached a building permit agreement ahead of the November election, aiming to streamline approvals for energy and infrastructure projects and requiring data center developers to pay ener
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ECB President Lagarde: The three pillars of the European economic model (cheap energy, the Chinese market, and the US security umbrella) are faltering.
ECB President Christine Lagarde stated in an interview with French newspaper La Croix that the European economic model has long relied on three pillars: cheap energy primarily from Russia, a vast Chin
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U.S. oil industry warns diesel prices unlikely to normalize within a year.
The U.S. oil industry warns that diesel prices are unlikely to normalize within the next year, following a Dallas Fed survey that found energy executives broadly expect high fuel costs to persist.
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Goldman Sachs: Energy-Interest Rate Link Breaks Down, High Real Yields Raise Equity Return Threshold
Rich Privorotsky, head of Goldman Sachs' One-Delta trading desk, warned that the decline in oil prices has failed to alleviate pressure on U.S. Treasuries, exposing a breakdown in the traditional link
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Sources: Pakistan LNG carrier Al Mayeda received Iranian security clearance before attack near Strait of Hormuz
Sources: Pakistan LNG carrier Al Mayeda received Iranian security clearance before attack near Strait of Hormuz
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Negotiations continue in the Strait of Hormuz after the attack on a Qatari LNG tanker.
Al Jazeera Live Updates reported that a Qatari LNG tanker was attacked in the Arabian Gulf on Friday, with no one claiming responsibility so far. Against the backdrop of this incident, negotiations ar
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Pakistan refineries report 1,860% profit surge for Q3
Pakistan's major oil refineries reported a nearly twentyfold (1,860%) surge in combined profit for the latest quarter through September, benefiting from increased refining margins amid global energy d
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CNBC: Donald Trump once promised to cut energy costs, but gasoline prices are up nearly 40% year-over-year, and diesel is up 70%.
According to CNBC, during his campaign, U.S. President Donald Trump promised to lower gasoline prices to under $2/gallon in his first year in office and to cut energy prices by half or more within 12
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Norwegian company bets $100 million in Mercuria Energy Group vs. Baltic Exchange case
Norwegian companies have placed a $100 million bet in the case between Mercuria Energy Group and the Baltic Exchange. This week, Mercuria Energy Group's lawyers presented their case against the Baltic
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Donald Trump defended going to war with Iran at a Florida rally, stating that increased oil flow through the Strait of Hormuz led to lower gasoline prices.
Donald Trump again defended the decision to go to war with Iran at a campaign rally in Florida, reiterating claims of destroying the Iranian navy and air force. He denied that the U.S. provoked the wa
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German Chancellor Merz: The war in Iran has increased Europe's energy costs by over 100 billion euros, and the conflict cannot be resolved through military means.
German Chancellor Merz: The war in Iran has increased Europe's energy costs by over 100 billion euros, and the conflict cannot be resolved through military means.
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UKMTO: Crude Oil Tanker Struck by Unknown Projectile While Exiting Strait of Hormuz
The UK Maritime Trade Operations (UKMTO) reported that a crude oil tanker was struck by an unknown projectile while completing its outbound transit of the Strait of Hormuz. Citing "verified sources,"
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Strait of Hormuz Tensions Escalate: Oman Rescues Burning Tanker Crew, Iran Intercepts Tanker and Destroys Unmanned Vessels
Oman rescued 25 crew members from a burning oil tanker in the Strait of Hormuz on Friday, Al Jazeera reported. Meanwhile, Iran stated it had intercepted three oil tankers attempting to cross the strai
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ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
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Iranian Navy says two oil tankers caught fire after hitting mines in the eastern Strait of Hormuz.
Iran's navy stated that two oil tankers were damaged and caught fire after hitting mines in the eastern Strait of Hormuz. A statement cited by Iranian media claimed that the vessels were operating in
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Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
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Russia's Novak says Ukraine attacked Russian refinery overnight
Russia's Novak says Ukraine attacked Russian refinery overnight
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ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
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Dominion Energy, Inc.(D) Q3: EPS 1.28 USD (above forecast), Revenue 5.62B USD (above forecast)
Dominion Energy, Inc.(D) Q3 EPS: 1.28 USD; Forecast 1.21 USD Revenue: 5.62B USD; Forecast 4.9B USD Reporting period: 2026 Q3 (period ended 2026-09-30) Release date: 2026-10-30
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ExxonMobil's Q3 refining profits hit a record high as Gulf and Russia-Ukraine conflicts pushed up gasoline and diesel prices.
ExxonMobil Holdings Corp. exceeded third-quarter profit expectations, primarily driven by soaring gasoline and diesel prices due to the Persian Gulf and Russia-Ukraine conflict, which propelled its re
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BP's Q3 profit surged to nearly four times year-on-year, reaching $8.5 billion and significantly exceeding expectations, driven by a substantial increase in refining margins.
BP announced its third-quarter results, with underlying replacement cost profit (a proxy for net profit) reaching $8.5 billion, significantly exceeding analysts' expectations of $6.191 billion and app
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BP Profit Hits 18-Year High as Oil Refining Margins Surge
BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, giving Chief Executive Officer Meg O’Neill a powerful tailwind as she seeks to turn around the beleag
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French economy shrinks 0.1% in Q3
France, the Eurozone's second-largest economy, experienced a 0.1% economic contraction in the third quarter, primarily due to high energy prices and soaring borrowing costs.
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Musk reposted a Tesla Energy tweet promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market.
Musk retweeted a Tesla Energy post promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market. This feature allows Powerwall to increase heating when
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Japan's Marubeni Corporation sees energy and resource bottlenecks from the AI boom as growth opportunities.
Japanese trading house Marubeni Corporation sees the energy and resource bottlenecks caused by the AI boom as a growth opportunity. One of Japan's five largest trading companies, Marubeni plans to exp
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New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
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Chevron accelerates global oil and gas exploration, targeting undeveloped regions with 50% of capital, after first-half profits exceeded $14 billion
Chevron is accelerating oil and gas exploration in Africa, South America and the Mediterranean, supported by soaring energy profits following the Iran war. The company now allocates 50% of its explora
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Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
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ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
ODMCoin was a project aimed at applying blockchain technology to the oil and gas waste treatment sector, planning to support oil sludge treatment technology through tokenized investments. The project launched its ICO in late 2017 but failed to reach its soft cap target, and all raised funds were returned. Although the team had stated they would continue to advance the project and conducted an airdrop in 2018, current public information indicates that the ODMC token lacks an active trading market, and its trading activity cannot be confirmed.
Energy
24H Trending
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US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
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Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
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Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
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Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
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Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
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Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
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Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
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SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
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Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
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Donald Trump announced his "complete and total endorsement" of Congressman Bob Latta for re-election as the representative for Ohio's 5th Congressional District.
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