Oil

Diesel Squeeze Raises Stakes for Australian Mining

US diesel prices have hit a record US$6.51 a gallon, lawmakers are proposing export restrictions, and Australia has reported 31 days of national diesel...

Jet Fuel Shortage: Airlines and Miners Face New Energy Shock

📌 Key Takeaways US airlines spent $5.06 billion on jet fuel in March, up 56.4% from February, according to the Bureau of Transportation Statistics.   Europe...

US Oil Exports Surge on Iran War Demand, But America Not A Limitless Swing Supplier

📌 Key Takeaways U.S. crude exports jumped to 5.2 million barrels per day in the week to April 10, the highest in seven months, as...

Strait of Hormuz Closure Hits Energy and Mineral Markets

📌 Key Takeaways Around 20% of global oil and petroleum product consumption and about 20% of global LNG trade moved through the Strait of Hormuz...

Oil to Remain Vital for Decades Despite Energy Transition, As IEA Shifts Outlook

📌 Key Takeaways The IEA now projects oil demand to keep rising into the 2030s, hitting 113 million barrels per day (mb/d) by 2050 under...

Oil price spikes as U.S. sanctions Russian oil

📌 Key Takeaways The U.S. is mounting new sanctions targeting Russian oil supply, raising global oil price risks Chris Wright flagged U.S. moves to refill the...

China’s Crude Oil Stockpiling Pushes Past 1.4 Billion Barrels

China has built one of the largest crude stockpiles in the world, with onshore inventories now estimated at around 1.4 billion barrels, including some...

Latest news

Diesel Squeeze Raises Stakes for Australian Mining

US diesel prices have hit a record US$6.51 a gallon, lawmakers are proposing export restrictions, and Australia has reported...

Copper Backwardation Tops US$500 as LME Supply Tightens

Copper advanced toward a record as competition for immediately available metal pushed a key London spread to its most...

Zinc Prices Rise as China Smelter Cuts Deepen Supply Squeeze

Zinc prices are being driven higher by a supply squeeze that has flipped the market from expected surplus to...

Must read

You might also likeRELATED
Recommended to you

IAEA Triples Nuclear Energy Growth Projections

📌 Key Takeaways Global nuclear capacity stood at 377 GW...