Market-moving news and intelligence across global energy markets.
Indonesia has officially launched the $20.9 billion Abadi Masela LNG project, ending decades of delays and boosting national energy security and regional d
A US LNG tanker has completed its first direct voyage to China since tariffs halted such shipments, raising questions about trade dynamics and re-export po
Asian refiners are poised to capitalize on strong product margins amid renewed Middle East conflict and Russian diesel export bans, tightening global fuel
OPEC lowers its 2026 oil demand growth forecast for the third consecutive month, citing weakening global consumption. OPEC+ output rose in June, yet Mideas
The EU has postponed a decision on new Russian sanctions, freezing the oil price cap until July 23 as internal disagreements and rising crude prices compli
Indonesia officially begins construction of the $20.9 billion Abadi Masela LNG project, a strategic venture with INPEX, Pertamina, and Petronas, boosting n
Asian refiners are poised to benefit from renewed Middle East conflict and Russian diesel export bans, leveraging existing inventories to supply tight glob
Geopolitical tensions escalate as Iran closes the Strait of Hormuz, triggering sharp increases in global oil, gasoil, and naphtha prices.
Malaysia's Finance Ministry projects a RM40 billion fuel subsidy bill for 2026, driven by volatile global oil prices and the West Asia conflict.
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