未分类

U.S. Energy Secretary Chris Wright just gave the market a number that helps explain why Brent crude isn’t trading at $150 per barrel. Speaking at a Bloomberg Energy event in Houston on Friday, Wright said the U.S. military is now helping move roughly 7 million barrels per day (bpd) of oil out of the Persian […]

Oil prices slid to a two-month low as conflicting signals from Washington and Tehran fueled uncertainty over a potential U.S.-Iran deal, keeping traders on edge throughout a volatile week. Friday, June 12, 2026 In a particularly volatile trading week, the allocation of roles between Iran and the United States seemed to have switched constantly. If

European buyers aren’t committing to long-term LNG supply agreements with U.S. exporters despite the ongoing EU phase-out of Russian gas imports and the supply crisis in the Middle East. U.S. developers and proponents of new LNG export facilities in America have been trying to lock in long-term supply deals with European importers, with little success

Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed.  Nigeria pumped 1.53 million barrels per day (bpd) of crude last month, the highest level since January 2025, as the African country now produces at

US President Donald Trump ‌has claimed that a “great settlement” has been reached with Iran to end the Middle East war and that the agreement could be signed as early as this weekend, possibly in Europe. “We just made a great settlement of the war with Iran,” Trump told reporters in the Oval Office on

July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States and Iran. Through June 11, the contract traded between a high of $95.47 and a low of $85.13 before settling near $85.93. At that level, prices were down $4.32, or

Politics, Geopolitics & Conflict Armenian Prime Minister Nikol Pashinyan won re-election on Sunday, defeating a Russian-backed opposition campaign and keeping the country on the Western trajectory. But the result fell short of giving him the parliamentary supermajority needed to easily implement some of the most consequential elements of his agenda. Pashinyan’s Civil Contract party won

The U.S.-Iran conflict escalated again on Thursday before abruptly swinging back toward diplomacy, producing another day of extreme volatility in both energy and financial markets. The escalation began after two days of renewed exchanges between Washington and Tehran following the downing of a U.S. Army helicopter near Hormuz earlier this week. On Tuesday and Wednesday,

India may be on track to miss its target for budget deficit for the first time since 2021 as the oil supply shock pressures government coffers. The government of the world’s third-largest crude oil importer is preparing to exceed its own deficit target from early this year as the Middle East crisis is testing the

Oil prices plunged by more than 4% early on Friday as the market hopes the U.S. and Iran have made progress toward a peace deal. As of morning trade in Europe, the international benchmark, Brent Crude, had slipped by 4.34% at $86.36, extending the losses from Thursday when U.S. President Donald Trump called off a