Oil Shock Spreads Through Global Economy
Brent crude and WTI are once again above $100 and likely to stay there longer than those involved…
Gulf Producers Slash Oil Output by 5 Million Bpd
The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output…
The Chokepoint Economy: What Happens When Everything Breaks at Once
I want to talk about the thing nobody in Washington seems willing to say out loud, which is…
G7 Nations Delay Strategic Oil Reserve Release Decision
Finance ministers from the Group of Seven (G7) countries reached a broad agreement on Monday to hold off…
Malaysia vows to hold petrol prices as oil hits US$100 a barrel amid Iran war
Malaysia’s Prime Minister Anwar Ibrahim said on Monday that his government would do whatever it took to keep…
RON95 can hold at RM1.99 amid oil price surge but fiscal pressure may rise, says economist
KUALA LUMPUR: Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even…
Kuwait Shuts Production, Qatar Warns Oil Could Hit $150 in Weeks
Oil prices could soar to as much as $150 per barrel within two to three weeks if the…
Oil Prices Hit $90 as Middle East Tensions Escalate
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as…
U.S. Shale Won’t Replace Lost Middle East Oil
The U.S. shale patch cannot and will not come to the rescue of a potentially catastrophic loss of…
How Quickly Can Qatar Restart the World’s Largest LNG Export Hub?
QatarEnergy declared force majeure on liquefied natural gas (LNG) exports on Wednesday, following disruptions at its Ras Laffan…
Iran War Upends LNG Market and Jolts Gas Prices
Just a month ago, Europe was attracting most LNG spot cargoes as solid demand and fast-depleting gas inventories…
Asian Markets in Free Fall as Oil Price Surge Stokes Inflation Fears
Investors in Asia are dumping technology stocks as they brace for an inflation shock from the surging oil…