Oil extends fall as investors shrug off latest US sanctions on Iran
Oil prices fell further on Tuesday after settling down more than 2% in the previous session, with investors brushing off the impact […]
Exxon Eyes Shell’s $8 Billion U.S. Chemicals Business
Exxon is in the running for Shell’s U.S. chemicals business that could fetch $8 billion, the Financial Times reported today, citing unnamed […]
Iran discovers huge 7.5 trillion cubic feet gas reserve in Fars Province amid US sanctions pressure
Iran has discovered more than 7.5 trillion cubic feet (212.4 billion cubic metres) of natural gas in a field in the southern […]
Has Iranian Crude Become Irrelevant to Global Oil Supply?
The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant for global […]
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is […]
Indian Oil Giant Secures U.S. License to Return to Venezuela
India’s Oil and Natural Gas Corporation has secured a license from the U.S. Office of Foreign Assets Control to return to Venezuela, […]
IEA Forecasts Sharper Decline in 2026 Oil Demand Amid Hormuz Closure
The International Energy Agency on Wednesday projected a larger decline in global oil demand this year than previously estimated as the continued […]
BofA to plow US$250 bil into critical infrastructure projects
Bank of America Corp unveiled a US$250 billion (RM1.02 trillion) initiative to invest in critical infrastructure across the US over the next […]
Tanker Data Contradicts U.S. Claim That Middle East Oil Flows Have Normalized
Oil flows from the Middle East have normalized, with Sunday traffic alone above pre-conflict averages, U.S. Secretary of Energy Chris Wright said […]
Oil climbs 2%, extending gains on dimming US-Iran peace hopes
Oil prices rose more than 2% on Tuesday to their highest in more than a week as ongoing disruption to Middle East […]
U.S. Bets $400 Million on Australian Scandium Miner to Break China’s Grip
Shares in Australia-listed Sunrise Energy Metals Ltd (SRL:ASX) jumped by 29% at opening on Monday after the U.S. Department of War announced […]
BRICS explores CBDC link-up to reshape cross-border payments, says RBI chief
BRICS nations are exploring ways to link their fast payment systems and central bank digital currencies (CBDCs) as the grouping looks to […]