European gas steadies as Hormuz diplomacy offsets storage shortfall
European natural gas contracts held steady on Thursday, off one-week lows, as diplomatic progress over shipping through the Strait of…
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Oil Falls as Iran-Oman Strike Hormuz Deal, Russia Threatens Ukraine Escalation
Oil prices fell Wednesday as diplomatic progress toward reopening the Strait of Hormuz outweighed renewed Russia-Ukraine tensions in a volatile…
Oil’s War Premium Unwinds Faster Than Gulf Supply Can Recover
West Texas Intermediate fell to $80.52 on Wednesday, its third straight down session, as diplomatic progress on reopening the Strait…
Aramco routes Saudi crude to China through ship-to-ship transfers outside Hormuz
Saudi Aramco is routing more crude oil to Asia through ship-to-ship transfers outside the Strait of Hormuz rather than sending…
US Energy Secretary Says Military Option to Strike Iran’s Nuclear Sites Remains Open
US Energy Secretary Chris Wright says Washington prefers a diplomatic resolution to the standoff over Iran's nuclear program, but confirms…
