Energy

Track oil, gas, electricity, renewables, nuclear power, energy markets, infrastructure and global supply trends.

Oil Prices Dip as Diplomatic Efforts Target End to Iran Conflict

Oil Prices Dip as Diplomatic Efforts Target End to Iran Conflict

In global energy markets, the price of oil is rarely determined by supply and demand alone. It is equally shaped…
Nakilat Confirms Second LNG Carrier Strike in Gulf Amid Rising Maritime Tensions

Nakilat Confirms Second LNG Carrier Strike in Gulf Amid Rising Maritime Tensions

In a statement filed with the Qatar Stock Exchange, Nakilat stated that none of the crew members on board were…
Brent Oil View Tops $90 for First Time Since May Amid Persistent Middle East and Ukraine Tensions

Brent Oil View Tops $90 for First Time Since May Amid Persistent Middle East and Ukraine Tensions

At the heart of this development are two primary conflict zones: the Middle East and the Ukraine-Russia war. Together, these…
Eskom CFO Calib Cassim Retires as Utility Cements First Profitable Turnaround in Eight Years

Eskom CFO Calib Cassim Retires as Utility Cements First Profitable Turnaround in Eight Years

Cassim’s departure is particularly significant as it coincides with Eskom’s return to profitability, a milestone the utility attributes in part…
Vietnam Directs EVN to Cut Electricity Prices by 2% Amid Rising Costs

Vietnam Directs EVN to Cut Electricity Prices by 2% Amid Rising Costs

The proposed adjustment comes against a backdrop of rapid inflation in energy costs. Since May 2023, Vietnam has implemented four…
European Gas Tops €101 as Japan Overtakes China in LNG Imports Amid Strait of Hormuz Disruption

European Gas Tops €101 as Japan Overtakes China in LNG Imports Amid Strait of Hormuz Disruption

The price escalation is underpinned by a combination of strained storage levels and persistent supply disruptions from the Middle East.…
Brent Crude Surges to $117 as Third Tanker Hit in Strait of Hormuz

Brent Crude Surges to $117 as Third Tanker Hit in Strait of Hormuz

This event has driven Brent Crude prices to $117 per barrel in Asian trade, setting the market on track for…
South Africa’s November Fuel Price Drop: Temporary Levy Cuts Offset Record Oil Costs

South Africa’s November Fuel Price Drop: Temporary Levy Cuts Offset Record Oil Costs

The mechanism behind this price adjustment is detailed in the latest data from the Central Energy Fund (CEF), which covers…
Oil Markets Stalled Between SPR Drawdowns and Stalled Iran Talks

Oil Markets Stalled Between SPR Drawdowns and Stalled Iran Talks

The Strain on Strategic Reserves The most significant structural change in the market this week is the heavy reliance on…
Russia-US Diesel Deal Faces Refinery and Security Headwinds

Russia-US Diesel Deal Faces Refinery and Security Headwinds

Under the terms disclosed, Russia is to supply over 300,000 tons of diesel initially, followed by an additional 500,000 tons…
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