Keywords: Energy supply
Global energy markets could be heading toward another period of pressure, with refined fuels emerging as a greater concern than crude oil prices, according to veteran market strategist Jeff Currie. Speaking to CNBC, Currie, chief strategy officer at Altis Partners, argued that consumers are ultimately......
European natural gas prices rose sharply in July 2026, reaching their highest level since the beginning of 2023 as supply concerns and strong seasonal demand continued to influence the region's energy market. According to recent market data, the average price of natural gas increased significantly......
OPEC Secretary-General Haitham al-Ghais has strongly defended the reliability of Middle East oil producers, urging international markets and watchdogs not to question their long-standing commitment to global energy security amid the ongoing regional crisis. In an official statement published by the......
Global oil prices experienced a sharp upward surge on Thursday, with Brent crude breaching the key psychological threshold of 100 dollars per barrel for the first time since May. The spike was triggered by escalating attacks on commercial maritime traffic in the Red Sea, which compounded ongoing navigation......
The Maltese capital Valletta was affected by a power outage on Wednesday, adding to growing concerns over electricity reliability as the Mediterranean island experiences a period of intense heat. The blackout came one day after Prime Minister Robert Abela issued an unconditional apology to residents......
The global oil market could move out of its current trading range by early 2027 if geopolitical tensions in the Middle East persist, Eni CEO Claudio Descalzi has warned, pointing to growing risks for inflation and energy demand. In an interview published by Italian financial newspaper Il Sole 24 Ore,......
Morocco has recently expanded the diversification of its energy supply sources, with new data indicating a growing role for Georgian petroleum products in its import portfolio, highlighting broader shifts in global energy trade routes. According to official Georgian statistics, Morocco ranked seventh......
Venezuela’s crude oil and fuel exports climbed to 1.25 million barrels per day in May, marking a third consecutive monthly increase. The growth reflects a steady recovery in the country’s energy sector as international buyers expand purchases of Venezuelan crude despite ongoing political......
Saudi Aramco reported a significant increase in first-quarter profits as rising oil prices and strong energy demand boosted revenues during a period of heightened geopolitical tensions in the Middle East. The Saudi energy giant announced a 25% rise in net profit for the first three months of the year,......
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