Industry News

Kalshi Files Proposal for Never-Expiring Oil Contract

Industry News - Wed, 2026-10-07 09:24
Kalshi Inc. has filed a proposal for an oil-linked futures contract that never expires with the Commodity Futures Trading Commission.

Qatar Brings Empty LNG Ships Into Gulf

Industry News - Wed, 2026-10-07 08:37
Qatar has amassed a fleet of empty liquefied natural gas tankers in the Persian Gulf.

Iraq Devalues Currency as Hormuz Havoc Hits Oil Exports

Industry News - Wed, 2026-10-07 08:31
Iraq devalued its currency by 13 percent against the dollar.

Cenovus to Buy Athabasca in Deal Worth $4B

Industry News - Wed, 2026-10-07 06:38
Cenovus Energy Inc announced that it has entered into a definitive arrangement to acquire Athabasca Oil Corporation.

How Much Gulf Production Will Isaias Knock Out?

Industry News - Wed, 2026-10-07 04:48
Just how much Gulf oil and gas production will Isaias knock offline?

How Much Gulf Production Will Isais Knock Out?

Industry News - Wed, 2026-10-07 04:48
Just how much Gulf oil and gas production will Isais knock offline?

Shell Expects Strong Trading Results for Q3

Industry News - Wed, 2026-10-07 02:11
Shell expects to report strong results from oil trading in the third quarter as a squeeze on global fuel supplies drives refining margins to a record.

Oil Steady as Middle East Exports Rise

Industry News - Tue, 2026-10-06 15:06
Crude prices stabilized as stronger Gulf exports competed with mounting concerns over attacks on tankers and tight global supplies.

China Refiners Flock to Iraqi Crude

Industry News - Tue, 2026-10-06 15:00
China's independent refiners are turning to Iraqi crude.

Vistra Gets Conditional $4.2B DOE Loan for PJM Nuclear Fleet

Industry News - Tue, 2026-10-06 10:30
The facilities have agreements to power Big Tech.

OPEC Holds Meetings With 2nd, 3rd Biggest Oil Consumers

Industry News - Tue, 2026-10-06 09:50
OPEC revealed that it held meetings with the second and third biggest oil consumers in the world.

Uniper Places SAF Order with Syzygy Plasmonics

Industry News - Tue, 2026-10-06 09:42
'Securing access to Syzygy's innovative technology is another important step in building our position in a market with significant growth potential'.

JERA Forms Oil Stockpiling Unit

Industry News - Tue, 2026-10-06 08:55
JERA Oil Storage will oversee the integrated power utility's four stockpiling facilities in Tomakomai-Tobu, Akita, Fukui and Shibushi under a joint contracting deal with the government's JOGMEC.

Vitol CEO Says Oil Inventories in West Have Been Exhausted

Industry News - Tue, 2026-10-06 08:48
Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world's largest independent oil trader said.

100+ Oil Execs Predict Future WTI Oil Prices

Industry News - Tue, 2026-10-06 07:06
More than 100 oil and gas firm executives revealed where they expect the WTI crude oil price to be at various points in the future in the third quarter Dallas Fed Energy Survey.

ADNOC to Continue Supplying LNG to Thai Power Developer

Industry News - Tue, 2026-10-06 05:57
ADNOC signed a new 'multi-year' agreement to supply about two million metric tons per annum of liquefied natural gas to Thai gas-focused electricity developer Gulf starting 2027.

Brent Once Again Toiling Around $100 Mark

Industry News - Tue, 2026-10-06 04:09
Brent is once again toiling around $100 per barrel as its reasons for trading much beyond the psychological three-digit mark are being eroded, PVM Oil Associates Analyst John Evans said.

Tankers Sought as Iraq Pushes On with Hormuz Oil Exports

Industry News - Tue, 2026-10-06 03:10
Iraq is set to hire additional tankers, with at least two arriving over the next few days as the country looks for greater control over moving its oil through the heavily contested Strait of Hormuz.

Oil Slides on Saudi Price Cut

Industry News - Mon, 2026-10-05 15:07
Crude prices declined as Saudi Arabia cut Asian prices and Hormuz oil flows improved.

BP Must Make Better Use of Shareholder Capital, CEO Says

Industry News - Mon, 2026-10-05 15:00
BP Plc needs to make better use of investor capital, Chief Executive Officer Meg O'Neill said.

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