Friday

09-05-2025 Vol 19

EU Nations Support Proposal to Ease Gas Storage Regulations Ahead of Winter Season

European Union countries have reached an agreement to relax gas storage regulations ahead of the winter season, responding to concerns…

U.S. Energy Secretary Confident Shale Industry Will Flourish Amid Falling Crude Oil Prices

U.S. Energy Secretary Chris Wright expressed confidence in the resilience of America’s shale industry despite recent declines in oil prices.…

Global Commodity Sell-Off Raises Alarming Signals for the World Economy’s Future Health

Global commodity prices are facing significant declines, signaling potential troubles for the world economy. The S&P GSCI index, which monitors…

Britain Offers $26 Billion in Export Finance Support Amid Ongoing Tariff Challenges

Britain recently announced a significant expansion of financial support for exporters, making an additional 20 billion pounds (approximately $26 billion)…

Fed’s Williams Warns Tariffs Could Increase Inflation and Unemployment Rates

John Williams, President of the New York Federal Reserve, highlighted concerns about the economic impact of the Trump administration’s trade…

U.S. Dollar Faces Pressure as Trump’s Tariffs Ignite Trade Instability

In the past week, the U.S. dollar has shifted from being a reliable safe haven to a source of concern…

Investors Navigate Economic Threats from Tariffs Amid Ongoing Market Volatility

Investors are facing significant challenges as ongoing market volatility continues, largely influenced by the repercussions of President Trump’s fluctuating tariff…

Ivory Coast Aims to Become West Africa’s Refining Hub with New 170,000 b/d Oil Plant

Ivory Coast is positioning itself as a pivotal energy hub in West Africa with ambitious plans to expand its refining…

Baker Hughes Reports Largest Weekly Drop in US Oil Rig Count Since June 2023

U.S. energy companies have significantly reduced the number of oil rigs this week, marking the largest decline since June 2023.…

Russia’s Oil Export Profitability Hits Lowest Point in Two Years

Russia’s oil exporting profitability has dropped to its lowest point in two years. This decline is reflected in the netback…