April 13, 2025
News
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…
April 13, 2025
News
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.…
April 13, 2025
News
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…
April 13, 2025
News
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)…
April 13, 2025
News
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…
April 13, 2025
News
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…
April 13, 2025
News
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…
April 13, 2025
News
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…
April 13, 2025
News
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.…
April 13, 2025
News
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…