Fuel & oil news
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Headlines
Japan Receives First Central Asian Crude Since Iran War Began
Japan is set to receive its first crude oil cargo from Central Asia since the Iran war began, as Asian buyers scramble for alternative supply amid Middle East disruption.
Peace May Lower Oil Prices, but Buffett's Energy Picks Still Shine
Geopolitical peace could reduce oil prices by removing risk premiums and unlocking supply, but Warren Buffett's top energy holdings are positioned to outperform due to strong fundamentals.
Rubellite Energy Posts Q1 Net Loss on Unrealized Losses
Rubellite Energy reported a net loss for the first quarter of 2026, driven mainly by unrealized losses, reversing a year-ago profit.
Oil Rises as US-Iran Talks Stall, Bessent Heads to Japan
Oil prices edged higher on Monday as US-Iran nuclear talks remained deadlocked, while Treasury Secretary Bessent's Asia trip shifts focus to trade talks with Japan and China.
Qatar LNG Tanker Exits Hormuz via Pakistan's Geopolitical Leverage
A Qatar LNG tanker secured rare passage through the Strait of Hormuz using Pakistani geopolitical influence, highlighting the strategic value of diplomatic ties in energy security.
Oil Price Gains Weigh on US Stock Futures; Asia Mixed, Europe Falls
Rising crude oil prices pressured US equity futures on Monday, while Asian markets were mixed and European stocks declined amid ongoing trade tensions.
Blackstone and Halliburton Invest $1 Billion in VoltaGrid Energy Startup
Blackstone and Halliburton are investing $1 billion in VoltaGrid, a gas-powered microgrid startup targeting data center energy demand, signaling growing interest in natural gas for power generation.
Asian Stocks Churn as Oil Gains and Geopolitical Risks Weigh
Asian stock markets traded mixed on Monday as rising crude prices and geopolitical tensions offset optimism around artificial intelligence.
Russian Oil Discounts Widen for First Time Since Iran War
Discounts on Russian crude widened for the first time since the Iran war began, as shifting expectations over a potential Middle East ceasefire rattled oil markets.
US Airline Stocks Drop as Oil Surges on Iran Rejection
US airline stocks fell in premarket trading as oil prices jumped over 2% after President Trump rejected Iran's response to a peace proposal, heightening supply disruption fears.
China CPI Hits 1.2% as Middle East Crisis Lifts Energy Costs
China's April CPI rose 1.2% year-on-year, exceeding estimates, as Middle East tensions pushed energy prices higher, signaling persistent inflationary pressure.
Barrick, Constellation Energy Stocks Rise on Earnings Beats
Barrick Gold and Constellation Energy shares rose after reporting earnings that beat analyst expectations, contributing to a strong earnings season for the S&P 500.
Oil Shock Threatens Turkish Lira Carry Trade as Import Costs Surge
A surge in oil import costs is pressuring the Turkish lira, threatening the popular carry trade as Turkey's current account deficit widens and inflation risks mount.
Permian Resources shares slide 12% in a week amid energy sector volatility
Permian Resources shares dropped 12.4% in the past week, reflecting broader energy sector volatility, though the stock remains up 36.9% year-to-date and 50.7% over the past year.
Bond Yields Rise on Inflation Data Wait as Fed Era Ends
Treasury yields edged higher as traders await US inflation data that could influence the Fed's rate stance under new leadership, with oil prices elevated due to Middle East tensions.
EON to Buy Ovo Energy, Creating UK's Largest Power Supplier
EON SE agreed to acquire Ovo Energy Ltd, potentially creating the UK's largest electricity supplier and reshaping the competitive landscape for energy retailers.
Global Coal Demand Surges as Middle East Energy Crisis Deepens
Global coal imports are on track for the third-highest monthly level on record as buyers scramble for fuel amid disrupted oil and gas supply from the Middle East.
Saudi Oil Exports to China Set to Plunge in June
Saudi crude exports to China for June loading are set to drop sharply to 13-14 million barrels, signaling weaker demand from the world's top crude importer.
Brent Holds at Uneasy Equilibrium Between $100 and $105, StanChart Says
Standard Chartered says Brent crude has found an uneasy equilibrium between $100 and $105 per barrel, as geopolitical tensions persist and the market awaits clearer demand signals.
Iran-Linked LPG Tanker Transits Hormuz Claiming Indian Ownership
A liquefied petroleum gas carrier previously linked to Iranian cargoes is transiting the Strait of Hormuz while signaling Indian crew and ownership, raising questions about sanctions compliance.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.