US-Iran Ceasefire Shifts Oil Prices, OPEC+ Boosts Supply
Global crude oil prices fall to multi-month lows as US-Iran ceasefire reopens Strait of Hormuz, reducing geopolitical risk. OPEC+ increases supply.
Market-moving news and intelligence across global energy markets.
Global crude oil prices fall to multi-month lows as US-Iran ceasefire reopens Strait of Hormuz, reducing geopolitical risk. OPEC+ increases supply.
Japan plans a new energy strategy in August 2026, focusing on resilience, decarbonization, and oil diversification after Strait of Hormuz disruptions.
Nigeria's Dangote Refinery inks $400M equipment deal with China's XCMG, aiming to double capacity to 1.4M bpd and transform Africa's fuel market.
Dozens of governments globally commit to making energy efficiency a core policy, aiming to boost resilience, affordability, and competitiveness amidst Midd
Kolibri Global Energy Inc. revises its long-term strategy, expanding its Oklahoma drilling program beyond the Lower Caney to target new hydrocarbon-rich be
Azule Energy, a joint venture between Eni and BP, has announced a Final Investment Decision for the $5.1 billion Greater PAJ offshore oil and gas project i
US solar developers are accelerating projects to secure federal tax credits before a July 4 deadline, as the Trump administration phases out renewable ener
The Americas are fundamentally reshaping global energy flows in 2026, with record oil production and tanker shipments challenging traditional supply dynami
The Americas now drive global energy, with the U.S. central to a strategy routing crude through American refineries for export, reshaping global oil trade.
We use cookies to improve your experience, analyse site traffic, and personalise content. You can accept all, reject non-essential cookies, or customise your preferences. Read our Privacy Policy and Cookie Policy.
Strictly Necessary
Required for the site to function. Cannot be disabled.
Analytics
Google Analytics, Microsoft Clarity, and Hotjar to understand usage.
Functional
Theme preference, accessibility settings, and PWA install prompt.