Market-moving news and intelligence across global energy markets.
Europe pushes ahead with Russian gas and LNG phase-out, yet pipeline flows via TurkStream persist, complicating energy security amid low storage and heatwa
Geopolitical conflicts, including Strait of Hormuz hostilities and Russian export bans, have severely cut refined product supply, pushing fuel prices to pe
Europe faces potential gas price spikes this winter as storage levels hit a record low of 58%, exacerbated by disrupted LNG flows from the Strait of Hormuz
European natural gas prices hold near three-week lows as Middle East diplomatic progress offsets persistent storage deficits and Strait of Hormuz shipping
The EU's 21st sanctions package targets Russia's energy sector with new transaction bans on oil traders, refineries, and restrictions on LNG transfers and
The European Union adopted its 21st sanctions package against Russia, imposing new restrictions on energy, finance, and refining to curb Moscow's war fundi
Belgium became fully reliant on Russian LNG in July, complicating EU sanctions as Middle East disruptions rerouted supplies and European gas storage levels
European gasoil margins over crude hit a record $74.66/barrel as Ukrainian attacks on Russian refineries and Middle East outages slash capacity, driving up
Europe confronts a challenging winter outlook with critically low natural gas storage levels and persistent diesel shortages, testing its post-2022 energy
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