Trump announces $200bn in South Korean energy investments, including $54bn Alaska LNG plant
The Alaska LNG project, long stalled, would be financed under a US-South Korea trade deal alongside broader energy investment pledges.
Al Jazeera · +3 outlets
White House presses Europe to draw down diesel reserves as US taps SPR again
Washington is seeking allied releases of emergency diesel stocks while US strategic petroleum reserves sit at 44-year lows.
Politico · +7 outlets
OPEC+ expected to keep oil production quotas unchanged at weekend meeting
Gulf producers have been gradually raising output, but sources say November quotas will stay flat as oil rebounds.
Oilprice · +14 outlets
US crude stocks rise unexpectedly as refinery runs tumble, diesel inventories slump 14% below average
EIA data showed a 900,000-barrel crude build against forecasts for a draw, while distillate stocks remain severely tight.
Oilprice · +11 outlets
Oil price forecasts jump as Hormuz disruption drags on; analysts see Brent averaging $89
A Reuters poll showed sharply higher 2026 forecasts with fading hopes for normalized Strait of Hormuz shipping, though bank estimates diverge.
Oilprice · +14 outlets
Dallas Fed survey: US oil and gas activity rises in Q3 despite cost pressures and price volatility
Producers reported higher output but warned that crude's swing from $67 to $107 in three months left them unable to forecast prices.
Oilprice · +14 outlets
US oil industry warns diesel prices will not return to normal for a year
Russia extended its diesel export ban through October, tightening a global distillate market already strained by war-driven shortages.
Oilprice · +13 outlets
Three tankers, including crude and LNG carriers, hit by projectiles in Strait of Hormuz in one day
The strikes on commercial shipping further raise risk to flows through the world's most important oil chokepoint.
Hindustan Times · +13 outlets
Iran warns no energy infrastructure will be safe if it cannot sell oil as Trump rules out sanctions easing
Tehran is escalating rhetoric while awaiting a US response to a plan it says would reopen the Strait of Hormuz.
Oilprice · +14 outlets
Middle East oil flows near pre-war levels as Gulf exports rebound
Rebounding shipments through Hormuz and alternative routes eased shortage fears and weighed on crude prices, though Saudi stocks hit a wartime low.
Rigzone · +14 outlets
Heating oil bills to jump 31.3% this winter, Northeast households averaging nearly $2,300
Natural gas users could see some relief, but distillate supply tightness is driving a steep seasonal cost increase.
Pluang · +10 outlets
Europe hit by another energy-driven inflation shock as ECB faces policy dilemma
Rising energy costs are feeding into consumer prices across major euro area economies just as Brussels moves to delay its methane rules.
Oilprice · +14 outlets
Bonds post worst month in years; stocks decline for September as oil gains
Rising oil prices and bond yields drove a broad September selloff across equities and fixed income.
Euronext Markets · +14 outlets
Hormuz disruption cuts India's crude supplies by 20%, LNG by 16%, S&P Global says
India is boosting Middle East imports and cutting Russian flows to offset the supply loss, while foreign investors pull money from its markets.
ET EnergyWorld · +8 outlets
EU's emergency diesel stocks are mainly in Germany and France
The concentration of emergency distillate reserves in two member states complicates the bloc's ability to respond to shortages.
Reuters · +8 outlets
European shares mark first monthly loss in six as rising oil and bond yields weigh
Energy costs and rate concerns ended a five-month winning streak for European equities.
Reuters · +14 outlets
Deadly blast hits major Indian refinery amid tight fuel markets
One worker was killed and at least eight injured at a plant running above normal rates to offset war-related fuel shortages.
Oilprice · +1 outlets
India benchmark shares log worst month since March as oil and rate hikes spark outflows
Foreign investors pulled $3.2 billion from Indian equities amid the oil rally and global rate-hike expectations.
Reuters