Energy

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

EU diesel prices hit record high as emergency talks loom over strategic reserves

EU diesel prices hit record high as emergency talks loom over strategic reserves

The pressure for immediate action has intensified following warnings from the United States, which has urged European allies to consider…
Gulf Crude Exports Recover to Pre-War Levels, but Diesel Supply Remains Tight

Gulf Crude Exports Recover to Pre-War Levels, but Diesel Supply Remains Tight

Exports of crude from the Strait of Hormuz have largely returned to levels seen before the outbreak of the Iran…
Brent crude tops $106 as Houthi attacks halt Saudi Aramco exports to Europe

Brent crude tops $106 as Houthi attacks halt Saudi Aramco exports to Europe

The Houthis stated in a statement carried by the Yemen News Agency that their operations targeted a “sensitive target” in…
Oil prices hold gains as US deploys Marines to Middle East amid Iran tensions

Oil prices hold gains as US deploys Marines to Middle East amid Iran tensions

The immediate effect on energy markets has been a sharp rise in both Brent and WTI crude prices. Traders are…
U.S. weighs diesel export ban to Europe unless reserves are released

U.S. weighs diesel export ban to Europe unless reserves are released

U.S. President Donald Trump indicated that Washington may formally request European nations to draw down their stored diesel stocks. The…
EU fuel prices surge 24% for gasoline and 33% for diesel amid Middle East conflict

EU fuel prices surge 24% for gasoline and 33% for diesel amid Middle East conflict

The price trajectory has been steady since February. On February 23, prior to the outbreak of the war, the EU…
Romania Faces Fuel Vulnerability as Black Sea Tensions Threaten CPC Oil Routes

Romania Faces Fuel Vulnerability as Black Sea Tensions Threaten CPC Oil Routes

Romania is not currently experiencing a fuel shortage, but its supply chains are under significant strain. The country’s refineries cover…
One Seafarer Killed, Vessel Seized Off UAE as Tensions Escalate in Strait of Hormuz

One Seafarer Killed, Vessel Seized Off UAE as Tensions Escalate in Strait of Hormuz

The death brings the total number of seafarer fatalities recorded by the International Maritime Organization since the outbreak of the…
U.S. Seeks 120 Million Barrels of European Diesel to Offset Export Ban

U.S. Seeks 120 Million Barrels of European Diesel to Offset Export Ban

The proposed release of 120 million barrels represents a significant addition to global supply, intended to stabilize prices and ensure…
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