Fuel & oil news
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Asian shares mixed as tech stocks slide in Japan and South Korea
Asian markets were mixed on Monday as tech stocks fell in Japan and South Korea, while US futures and oil prices edged higher amid escalating US-Iran tensions.
Iran Oil Return Could Reshape Global Fuel Markets
Analysts highlight that the potential return of Iranian oil to global markets could increase supply and reduce uncertainty, impacting fuel prices and geopolitics.
Oil prices rise, stock futures gain as US and Iran reportedly agree to halt attacks
Oil prices and US stock futures rose after reports that the US and Iran agreed to halt attacks, easing geopolitical risk in the Persian Gulf.
Indian Rupee Rises on Falling Oil Prices, RBI Policy Support
The Indian rupee strengthened against the dollar as falling crude oil prices and RBI policy support boosted investor sentiment, with further gains possible if the central bank allows more appreciation.
Russia Expands LNG Dark Fleet With 19-Year-Old Tanker
A 19-year-old LNG tanker loaded blacklisted fuel at a US-sanctioned storage unit in Murmansk, signaling Russia's push to expand LNG exports despite Western sanctions.
China Tech Growth Distorts Energy Demand Forecasts, Official Says
A top Chinese official warns that rapid tech expansion and structural economic shifts are making energy demand forecasts increasingly uncertain, with implications for global oil and gas markets.
Gold Drops Below $4,000 as US-Iran Tensions Stoke Inflation Fears
Gold fell below $4,000 an ounce as renewed US-Iran hostilities in the Persian Gulf stoked inflation fears, reversing a recent ceasefire-driven decline in energy prices.
Chevron CFO explains why gasoline prices remain stubbornly high
Chevron CFO Eimear Bonner says gasoline prices should ease as Middle East flows normalize, but warns there is no quick fix, pushing back against accusations of price gouging.
Clean Energy Investment Surpasses Fossil Fuels for First Time, IEA Says
Global clean energy investment has overtaken fossil fuel spending for the first time, according to the IEA's World Energy Investment 2026 report, signaling a structural shift in energy markets.
Global Race to Develop New Nuclear Fuels Heats Up
Countries are racing to develop alternative uranium fuels as sanctions on Russian energy products complicate supply, aiming to boost nuclear capacity and energy security.
New Zealand Dollar Faces Tough Q3 on Growth Headwinds and Strong USD
The New Zealand dollar is set for a challenging third quarter as a strong US dollar and lingering effects from the Iran war energy shock weigh on the domestic recovery.
Williams Near $5.5B Deal for Momentum Midstream, Sources Say
Williams Cos. is in advanced talks to acquire Momentum Midstream for about $5.5 billion, marking one of its largest deals as it expands natural gas pipeline infrastructure.
China Eyes Post-War Iran Reconstruction for Oil Access
China is positioning itself to lead post-war reconstruction in Iran, a move that could secure long-term access to critical Iranian oil reserves and reshape Middle East energy dynamics.
Constellation Energy and Walmart Sign Long-Term Nuclear Power Deal
Constellation Energy and Walmart have signed a long-term power purchase agreement for 176 MW of nuclear-generated electricity from the Dresden Clean Energy Center in Illinois, supporting Walmart's decarbonization goals.
Egypt Targets 60% Renewable Electricity by 2040
Egypt plans to generate 60% of its electricity from renewable sources by 2040, driven by private investment and favorable geography for solar and wind.
BofA raises global growth outlook, sees 75 bps Fed hikes despite easing inflation
Bank of America raised its global growth forecasts and expects the Fed to resume 75 bps rate hikes later this year despite easing inflation, citing a fragile Iran peace deal that eased energy concerns.
Aramco Helicopter Crash in Ras Tanura Kills All 14 on Board
A Saudi Aramco helicopter crashed in Ras Tanura, killing all 14 on board, raising concerns about potential disruptions at one of the world's largest oil export terminals.
Why the US Needs Its Neighbors for Energy Trade
North America's energy trade relies on two bilateral flows—Canadian oil to US refineries and US natural gas to Mexico—with executives urging minimal changes in upcoming USMCA talks.
Wolfe Research bullish on equities, sees AI and semiconductors driving H2 gains
Wolfe Research remains bullish on US equities for H2 2026, citing easing oil prices, resilient earnings, and AI investment as key drivers despite geopolitical risks.
Texas' Buda Limestone Oil Play Nears Depletion After Century of Output
The Buda Limestone formation beneath the Eagle Ford shale in Texas is nearly depleted, with only 12 million barrels of oil and 184 billion cubic feet of gas remaining after nearly a century of production.
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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.