Oil prices ease as markets assess OPEC+ supply plans
Oil prices edged lower on Friday as traders reacted to OPEC+ plans to begin easing some production cuts from July. Brent crude futures moved down as the market focused on how quickly additional…
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Oil prices edged lower on Friday as traders reacted to OPEC+ plans to begin easing some production cuts from July. Brent crude futures moved down as the market focused on how quickly additional…
President Donald Trump has signed an executive order directing federal agencies to speed up permits for new oil, gas and critical minerals projects on public lands. The administration says the move…
Oil prices edged higher on Friday as traders weighed possible OPEC+ production cuts and a firmer demand outlook. The move reflected growing attention to whether the alliance may keep tighter control…
Russia accused Ukraine of hitting energy facilities in the Kursk region and said it would retaliate, according to state statements reported on Saturday. The claim came as the war continues to damage…
Oil prices rallied on Friday after OPEC+ members indicated that deeper output cuts may be on the table, lifting crude futures by more than 3% in early trading. The move added fresh support to a…
Cybersecurity researchers have disclosed a new zero-day vulnerability affecting industrial control systems used by multiple energy providers. The flaw could expose critical infrastructure to…
Russia launched a new overnight assault on Ukraine’s energy infrastructure, hitting facilities with missiles and drones, according to Ukrainian officials. The attacks left parts of the country…
Oil prices inched higher on Friday as traders positioned themselves ahead of the next OPEC+ meeting, where producers are expected to discuss supply policy. The move reflected caution in the market…
Global battery storage installations reached a record 18.4 GWh in the second quarter, rising 68% from a year earlier as developers pushed ahead with wind and solar projects, according to new data…
The United States and the European Union have agreed on a new sanctions package aimed at Russian oil and gas exports, according to officials cited Saturday. The measures are set to take effect next…
A private fusion energy startup says it has achieved a new record in plasma confinement inside its experimental reactor, extending the time it can hold superheated plasma by 18% over its previous…
Oil prices eased on Friday after OPEC+ ministers suggested the group may not rush into fresh production cuts, even as traders watched for signs that global inventories are building. Brent crude fell…