Tag: Oil and Gas
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U.S.-Iran accord hits early snag after Swiss talks fail to proceed as planned
Analysts reckon a lasting resolution to the Middle East conflict will take some time to materialize.
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Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook
With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC’s outlook for the market.
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OPEC chief dismisses IEA supply glut forecast as ‘critical’ Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
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China to return as a major oil buyer in August, JPMorgan says, naming its top stock picks
The pullback in oil imports by the world’s largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.
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Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
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Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts ‘too slow, way too small’
India’s ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.
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India wants to turn more coal into gas for energy security. It faces a tough conversion
India recently approved a US$3.9 billion scheme to turn more of its vast coal reserves into gas. Even as its energy security ambitions gather pace, experts warn that scaling up the centuries-old technology will likely be a slow burn.
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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.
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Oil prices fall, tanker bosses remain cautious on resumption of Hormuz transit
Global oil prices ticked lower on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
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Goldman Sachs cuts oil price forecast as Hormuz deal brings forward Gulf supply recovery
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuGoldman Sachs cut its oil price forecasts after President Donald Trump reached an interim deal with Iran to reopen the Strait of Hormuz,
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