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Energy
Baghdad to repair pipeline to potentially send 350,000 bpd to Turkey
Baghdad is in the process of repairing a pipeline to potentially send 350,000 barrels per day (bpd) to Turkey by…
Guyana gas power plant faces delays
Guyana faces setbacks in utilising its natural gas reserves for a power plant, potentially costing the nation $1…
Oil retreats from 5-m peak on Monday’s opening
Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
Ukraine’s energy recovers, no major imports needed
The Ukrainian energy system, which had been severely damaged by Russian missile attacks in recent weeks, is now…
India’s decision to halt Russian oil imports surprises US
The US was surprised by India's decision to halt Russian oil imports, given Washington's interest in maintaining…
Russia’s railway gasoline exports decline in March
Railway gasoline exports from Russia drastically declined in March due to a fuel embargo, tightening the domestic…
China’s Chongqing boosts NEV charging infrastructure
Southwest China's Chongqing Municipality announced ambitious plans to construct over 2,000 supercharging stations…
OPEC+ keeps output policy unchanged
OPEC+ ministers kept output policy unchanged due to the oil market aligning with the group's preferences,…
Egypt to purchase LNG to curb potential summer shortage
Egypt has initiated the purchase of liquefied natural gas (LNG), a notable departure for the typically exporting…
BofA revises ’24 Brent, WTI oil price forecasts
Bank of America's (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing heightened…