TotalEnergies expects refining profits to nearly quadruple as Iran war lifts energy prices
In a trading update on Thursday, TotalEnergies estimated its refining margin at...
Iran War
Markets beware: IMF warns of AI investment correction, rising bond yields and cyber risks
Although global risk appetite remains strong, IMF cautioned against taking market resilience...
Iran war: World Bank in talks with countries about crisis aid amid high energy prices
Higher energy prices are adding to import bills and domestic inflation, while...
Jet fuel pain: Delta cuts profit forecast as Ryanair CEO warns of price pressures
The United States, the aviation industry is facing the dilemma of whether...
QatarEnergy LNG expansion to start operations in November as gulf energy trade recovers
QatarEnergy Chief Executive Saad al-Kaabi recently said that the project was expected...
OPEC+ keeps oil output targets steady as Saudi cuts Asia prices to six-year lows
The ongoing Iran war has delayed OPEC+'s output capacity review, crucial to...
G7 to release strategic energy reserves as diesel shortage weighs on global economy
Washington led a pressure campaign on the European Union (EU) to draw...
Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
Saudi restarts East-West Pipeline, to resume exports from the Yanbu port
Drone attacks by the militants forced the Kingdom to shut its East-West...
Bank of England keeps interest rates unchanged, warns of rising inflation
The BoE not only refrained from increasing rates like its global peers...