Market-moving news and intelligence across global energy markets.
Libya's OLA Energy has acquired TotalEnergies' entire fuel retail and storage business in Ethiopia, marking a significant downstream energy transaction in
The United States is on track for natural gas to surpass petroleum as its primary energy source by 2030, driven by robust shale output and surging LNG expo
Latin America's oil output jumped 27% year-on-year in February 2026, driven by Brazil, Mexico, and Argentina, reshaping global supply amid Strait of Hormuz
U.S. oil giants Exxon Mobil and Chevron anticipate robust Q2 earnings, tripling Q1 profits, setting the stage for a political confrontation with President
Latin America and the Caribbean saw a significant 27% year-on-year surge in oil production in February 2026, driven by Brazil, Mexico, and Argentina.
Brazil's government plans a cautious, phased withdrawal of diesel subsidies, prioritizing market stability over rapid fiscal adjustment, unlike gasoline.
Citi analysts predict Brent crude could fall to $60 a barrel by year-end 2026, driven by an anticipated global oil market surplus and easing geopolitical t
Global oil prices remained largely stable as hopes for Middle East peace talks offset rising supply from Gulf producers and normalizing Strait of Hormuz fl
TotalEnergies is offering millions of barrels of Iraqi crude for prompt delivery to Asia, adding to an already saturated market as Strait of Hormuz flows n
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