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US crude oil inventories down by 2.2% for week ending Sept. 12

- Output dips slightly but stays above 2025 forecast

10:30 Oil

US oil rig count up by 2 for week ending Sept. 12

- Number of US oil rigs fall by 72 compared to one year ago

13.09.2025 Oil

Ukraine's EU membership could drag bloc into war against Russia, warns Hungary

- 'We are open to good relations with Ukraine, but we will never give up our national interest,' says Foreign Minister Peter Szijjarto

12.09.2025 Energy Diplomacy

POSCO becomes 1st South Korean firm to join Trump’s Alaska LNG project

- Agreement outlines plans for POSCO to supply large portion of steel needed for 807-mile high-pressure pipeline

12.09.2025 Lng/Lpg

US crude oil inventories up by 0.9% for week ending Sept. 5

- Daily crude oil production increased to around 13.49 million barrels per day

11.09.2025 Oil

EIA slightly lifts Brent price forecast for 2025

- US agency sees average at $67.80 per barrel before sharp declines into 2026

10.09.2025 Oil

New US and EU sanctions targeting Russia seen limited for energy market

- Analysts say new measures are designed to weaken Russia's war capabilities through economic pressure, with only limited focus on energy sector

08.09.2025 Energy Diplomacy General

US crude oil inventories rise 2.4M barrels, defying forecasts

- Daily crude oil production rises to around 13.42 million barrels per day

05.09.2025 Oil

Rosatom chief vows support for China’s nuclear expansion

- Corporation head says Beijing aims to surpass US in installed nuclear capacity with Russian help

03.09.2025 Nuclear

US sanctions Iraqi oil network accused of covertly smuggling Iranian oil

- 'By targeting Iran’s oil revenue stream, Treasury will further degrade the regime’s ability to carry out attacks against the United States and its allies,' says Treasury secretary

03.09.2025 Oil

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India says negotiating trade pact with US

- 'Unfortunate that certain important countries have chosen to forego the agenda of sustainability,' says Indian Commerce Minister Piyush Goyal

02.09.2025 General

Brent drops over $4 in August after three-month rally

- Brent crude ends August down 6% as concerns over weaker demand are compounded by Washington's decision to raise tariffs on Indian imports to 50%

31.08.2025 Oil

US oil rig count up by 1 for week ending Aug. 29

- Number of US oil rigs fall by 71 compared to one year ago

30.08.2025 Oil

US crude oil inventories down 0.6% for week ending Aug. 22

- Daily crude oil production rises to around 13.44 million barrels per day

28.08.2025 Oil

Baker Hughes wins long-term service deal from bp for Indonesia's Tangguh LNG plant

- Ninety-month deal covers spare parts, repair services and field engineering support for critical turbomachinery

27.08.2025 General

US to provide high-assay low-enriched uranium to 3 companies

- 'We're reducing our dependence on foreign-sourced minerals while giving the private sector the boost it needs to succeed,' says US Secretary of Energy

27.08.2025 General