Keywords: Global energy market
The International Energy Agency (IEA) has lowered its forecast for global oil demand growth as the continuing conflict in the Middle East disrupts production, trade flows and energy markets. The revision reflects growing uncertainty over economic activity and fuel consumption as geopolitical tensions......
Ukrainian attacks targeting Russian energy infrastructure are adding pressure to global energy markets, according to comments by U.S. Treasury Secretary Scott Bessent. The attacks have increasingly focused on facilities linked to Russia’s oil and energy sector, raising concerns about potential......
The United States' Strategic Petroleum Reserve has fallen to its lowest level in more than four decades, according to the latest data released by the U.S. Department of Energy. The reserve held approximately 286.6 million barrels on August 28, marking its lowest recorded level since November 19,......
Global energy investment is expected to reach a record $3.4 trillion in 2026, as rising electricity demand, digitalization and geopolitical uncertainty reshape the priorities of governments, energy companies and investors. According to estimates from the International Energy Agency, global energy investment......
Egypt is negotiating long-term liquefied natural gas (LNG) supply agreements with major international energy companies as the country seeks to secure additional fuel supplies amid rising domestic demand and tighter global gas markets. Sources familiar with the discussions said Egypt is looking to purchase......
Global oil prices moved higher on Friday as renewed disruptions to shipping through the Strait of Hormuz intensified concerns over energy supplies, while escalating tensions between the United States and Iran added further uncertainty to international markets. Brent crude futures rose above $85 per......
India’s largest state-run refiner, Indian Oil Corporation, has reportedly secured several crude oil cargoes scheduled to be loaded from the Red Sea port of Yanbu, according to industry sources familiar with the matter. The move reflects ongoing adjustments in global energy supply chains as geopolitical......
Global oil markets could experience a sharp rise in prices if geopolitical tensions in the Middle East persist, according to a recent assessment by analysts at Barclays. The British bank warned that the benchmark crude price Brent Crude could potentially climb to around $120 per barrel if the current......
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