Oil slides as Trump waives Russia sanctions in diesel deal, OPEC trims demand outlook
A US waiver of some Russian oil and gas sanctions, tied to a diesel export arrangement, eased supply fears and pushed crude lower even as Middle East tensions p
Oilprice · +15 outlets
Asian stocks skid as AI worries bite; Wall Street and bonds supported by oil slip
A pullback in crude prices and volatile tech shares drove mixed-to-lower Asian equities while aiding bonds and US futures.
Business Standard · +15 outlets
US stock futures rise as chip-driven AI rout loses steam ahead of earnings
Futures rebounded as the semiconductor selloff cooled, with investors watching a heavy week of AI-related earnings.
Bloomberg.com · +8 outlets
IEA speeds up release of 100 million barrels of emergency oil stocks under US pressure
The agency moved to release emergency crude and diesel reserves to ease tight fuel markets amid supply disruptions.
energynews.pro · +14 outlets
Hormuz crisis tightens global shipping fuel supply as freight costs reshape oil trade
Disruptions around the Strait of Hormuz are raising vessel fuel costs and pushing freight rates high enough to force producers to cut crude differentials.
Oilprice · +14 outlets
Venezuela targets nearly $76B in oil and gas investment over five years
Venezuela's acting president said the country expects about $76 billion of energy investment, and roughly 324,000 jobs, over the next five years.
Rigzone · +7 outlets
Woodside resumes work at Scarborough LNG after Greenpeace protest halts operations
Woodside restarted work at its $12.5 billion Scarborough gas project off Western Australia after two Greenpeace activists were arrested for disrupting the platf
Oilprice · +3 outlets
Iran war drives oil higher with gas price politics looming over US midterms
Rising pump prices tied to the Iran conflict are becoming a political flashpoint ahead of US midterm elections.
Business Insider · +13 outlets
India's crude oil import bill soars 46% as Middle East crisis lifts prices
India paid $15.4 billion for September crude imports, up 46% year-on-year, as Middle East tensions drove up international prices.
Oilprice · +2 outlets
Japan power prices surge 25% week-on-week as LNG and coal costs soar
Japan's average nationwide electricity price jumped over 25% week-to-week on higher imported LNG and coal costs.
Oilprice · +9 outlets
Canada September inflation hits 3.1% as higher gas prices drive rise
Statistics Canada reported inflation rose to 3.1%, with gasoline prices a key contributor.
BNN Bloomberg · +14 outlets
Kremlin waiver: US pauses sanctions on top importers of Russian crude and gas
Washington paused sanctions targeting leading buyers of Russian crude and gas as part of the diesel arrangement.
Shipping Telegraph · +14 outlets
China coal production slumps 6.8% year-on-year as winter supply fears grow
China's September coal output fell to 385 million tons on the year, even as the country has been curbing production.
Oilprice · +3 outlets
US needs 48,000 tons of rare earth magnets but makes only 300, report says
Domestic supply of the most common rare earth magnet covers a tiny fraction of US demand, with China making over 90% of world supply.
Oilprice · +14 outlets
China solar exports fall 6.4% in September amid talk of export controls
Chinese solar equipment exports extended their decline while Beijing weighs controls or bans on a dozen solar manufacturing technologies.
Oilprice
Qatari LNG cargo takes rare Suez route to Europe through Red Sea
A Qatari LNG shipment is traveling north through the Red Sea to Europe via Suez, a rare use of the short but riskier route amid Houthi threats.
Oilprice · +13 outlets
Record shipping costs force oil producers to cut delivered crude prices
High freight rates are pushing delivered crude prices beyond refiner appetite, forcing sellers to lower differentials.
Oilprice
US says diesel deal aims to keep Russia talks going
President Trump said he delayed further sanctions and cut a diesel export deal to avoid driving Putin from peace talks.
Rigzone