Oil and Petrochemicals
Significant Decrease in Natural Gas Prices in the United States
Natural gas cash prices in the United States have sharply decreased due to weather changes. Northern markets are under p...
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Economy
Baltic Dry Freight Rate Index Rises for the Second Consecutive Day
The Baltic Dry Freight Rate Index increased for the second consecutive day, reaching 3370 points. Meanwhile, the Capesiz...
Analysis
Serious Warning in the Strait of Hormuz with the Capture of Perim Island by the Houthis
The Houthis have gained greater control over the Bab al-Mandab Strait by capturing Perim Island and the city of Mocha on...
Oil and Petrochemicals
Increase in VLCC Tanker Rates Following Middle East War
VLCC tanker rates have risen this week due to the conflicts in the Middle East and restrictions on passage through the S...
Technology
Overview Energy Company Aims to Transfer Solar Energy from Space by 2028
Overview Energy hopes to transfer solar energy from space to the U.S. power grid by 2028. The company aims to supply a q...
Oil and Petrochemicals
Emmanuel Macron Calls for Releasing Emergency Oil Reserves in Europe
Emmanuel Macron, the President of France, has invited G7 countries to discuss the release of emergency oil reserves. Thi...
Oil and Petrochemicals
Emmanuel Macron Calls G7 Meeting to Discuss Oil Reserve Release
Emmanuel Macron, the President of France, will hold a G7 meeting in the coming weeks to discuss the release of strategic...
Economy
LNG Demand Stabilizes Natural Gas Prices on the New York Exchange
High LNG demand, despite a decrease in weather-related demand on Friday, kept natural gas prices stable on the New York...
Oil and Petrochemicals
Natural Gas Prices Rise Due to Record September Temperatures
Natural gas futures prices increased during the trading period from September 9 to 16 due to record temperatures this mo...
Technology
INEOS Opens Complete Carbon Storage Field in Denmark
The INEOS carbon storage project in Denmark has been launched as the first complete CO2 site in the European Union. This...
Oil and Petrochemicals
Disruption in Saudi Arabia's East-West Pipeline Due to Drone Attacks
Drone attacks on Saudi Arabia's East-West pipeline have posed serious challenges to the country's oil exports. This pipe...
Oil and Petrochemicals
U.S. Congress Approves Bill to Impose New Tariffs on Buyers of Russian Oil
The U.S. Congress voted in favor of a bill that gives President Donald Trump the authority to impose new tariffs on coun...