G7 and partners agree to release up to 100 million barrels of diesel and crude from emergency reserves
The coordinated release, agreed after US pressure and a threat of a diesel export ban, aims to cool fuel prices amid disrupted Middle East supply; the IEA says
Oilprice · +14 outlets
Trump says US will not impose a diesel export ban as G7 agrees to release 100M barrels
Trump credited European allies with agreeing to release diesel stockpiles while ruling out US export restrictions, a key condition for the coordinated release.
TradingView · +14 outlets
Oil prices fall as G7 reserve release plans ease Middle East supply fears; Brent slips below $100
Crude benchmarks dropped on the reserve release and softer US jobs data, though physical Dated Brent remains elevated above $120 on a tight refinery market.
IndexBox · +14 outlets
IEA chief says over 80% of emergency oil stocks, about 325 million barrels, already released
The IEA said releases since March have delivered roughly 325 million barrels and that prices are starting to respond.
Yeni Şafak English · +6 outlets
US gasoline prices hit highest level in four years before easing slightly
Retail fuel costs remain near multi-year highs on tight global supply, with the national average dipping about 7 cents after a record September.
aa.com.tr · +12 outlets
India raises ceiling price for deepwater and HPHT natural gas to $9.89/MMBtu, APM cap kept at $7
The higher ceiling is meant to incentivize output from costlier deepwater and high-pressure high-temperature fields as India pushes to lift domestic gas product
The Hindu · +7 outlets
OPEC+ set to hold November oil quotas steady as Middle East conflict weighs on output
The group is expected to keep production targets unchanged amid war-related disruptions to regional supply.
in.investing.com · +13 outlets
Physical oil squeeze pushes Dated Brent above $120 as diesel shortage deepens
Physical crude markets tightened sharply even as financial Brent slipped, reflecting drone attacks and refinery shortages.
Oilprice · +2 outlets
US sends more Patriot systems to protect Saudi and Qatari energy sites
The deployments reflect heightened concern about attacks on Gulf energy infrastructure during the regional conflict.
Axios · +14 outlets
Iran is losing some leverage over the Strait of Hormuz as Gulf crude flows recover
Persian Gulf exports have returned near pre-war levels via new routes and shipping arrangements, reducing Tehran's chokehold on the waterway.
Oilprice · +14 outlets
Qatar LNG exports fall 83% as Strait of Hormuz closure exposes shipping vulnerability
The sharp drop underscores how dependent Gulf LNG exporters are on the Strait of Hormuz for deliveries to global buyers.
openPR.com · +12 outlets
Canada PM Carney invokes new powers to fast-track a high-capacity oil pipeline
The measure aims to expand Canadian crude access to Asian markets, with analysts flagging potential winners among TSX energy names.
Rigzone · +14 outlets
Energy Secretary Wright says war with Iran will certainly end in the next few weeks
The US official's forecast bears on oil and gas market expectations for Middle East supply disruptions.
MTV Lebanon · +11 outlets
LNG Canada Phase 2 expansion reaches final investment decision with Fluor joint venture selected
The FID advances Canada's largest LNG project as global buyers seek non-US supply.
megaproject.com · +7 outlets
Oil rebounds as Saudi Arabia reportedly plans attack on Houthis
Crude recovered some losses on reports of a planned Saudi military operation against the Houthis, adding to regional supply risk.
FXEmpire · +8 outlets
Permian growth drives US natural gas production to a record
Associated gas from Permian oil wells is pushing total US output to new highs, with implications for LNG exports.
Midland Reporter-Telegram · +13 outlets
Oil above $100 returns: what it means for the global economy
Sustained triple-digit crude prices raise inflation and growth concerns across import-dependent economies.
Latest news from Azerbaijan
US energy firms cut rigs for the first time in six weeks as oil prices fall
Baker Hughes data showed the total rig count slipping to 598, a sign drillers are responding to softer crude prices.
Oilprice · +1 outlets