Fuel & oil news
Headlines summarized in your language. Refreshed every 30 minutes.
Headlines
CATL Bets Big on Sodium Batteries as Lithium Volatility Persists
CATL, the world's largest battery maker, is shifting focus from EVs to energy storage and betting on sodium-ion technology to reduce reliance on volatile lithium supply chains.
Exxon Gas Trading Head Departs for Expand Energy
Exxon Mobil's head of US gas and power trading is leaving to join Expand Energy, marking another senior departure from the supermajor's trading unit amid efforts to expand the business.
Trump Accuses Iran of Violating Ceasefire With Hormuz Drone Attack
President Trump accused Iran of violating the ceasefire by firing on cargo ships in the Strait of Hormuz, raising risks for global oil flows through the key chokepoint.
Global Stocks Slide as Tech Jitters Return, OpenAI IPO Delayed
Global stocks ended the week lower as tech jitters resurface, with OpenAI reportedly delaying its IPO into next year, adding to uncertainty in energy markets.
Oil Tanker Earnings Plunge $200,000 as More Ships Return to Hormuz
Oil tanker earnings plunged by $200,000 as more vessels are willing to transit the Strait of Hormuz, easing fears of supply disruption and capping a volatile week for crude carrier rates.
Russia's Fuel Crisis Drives It to Seek Gasoline From Kazakhstan
Russia is seeking to buy 50,000 tons of gasoline from Kazakhstan amid a severe fuel shortage caused by Ukrainian drone strikes on refineries, but Astana is hesitant due to potential export consequences.
Euro Zone Inflation Likely Slowed in June as Energy Costs Ease
Euro zone inflation is expected to have slowed in June for the first time since the Iran war began, driven by easing energy costs, which could reduce pressure on the ECB to keep raising rates.
US Consumer Sentiment Rises But Stays Near Record Low
US consumer sentiment rose in June as lower gasoline prices provided relief, but the index remains near its record low amid persistent inflation concerns.
Iraq Floats OPEC Exit as Baghdad Hosts EU Energy Talks
Iraq warns it could leave OPEC unless granted a higher production quota, as European officials prepare to visit Baghdad for energy cooperation talks.
Big Oil's Green Pivot Slows as Equinor Scales Back Renewables
Equinor's retreat from renewables signals a broader slowdown in Big Oil's green pivot, as energy majors prioritize fossil fuel returns over clean energy investments.
US Natural Gas Rises on Hot Forecasts as July Contract Expires
US natural gas futures rose on the final trading day of the July contract as forecasts of above-average temperatures boosted cooling demand, with thin liquidity amplifying price moves.
Saudi Arabia Boosts Oil Exports as Gulf Ports Resume Operations
Saudi Arabia is ramping up crude exports as Persian Gulf ports resume operations, adding supply to global markets and potentially pressuring oil prices.
Crude Prices Sink as Traders Bet on More Iranian Oil
WTI crude futures fell sharply as traders shifted focus from Middle East supply risks to the prospect of more Iranian oil entering global markets, with the August contract settling at $71.53.
Qatar Offers First Crude Loadings Outside Strait of Hormuz Since War
QatarEnergy tenders crude for loading outside the Strait of Hormuz via ship-to-ship transfers, marking the first such offering since the Iran war began in February.
Asian LNG Buyers Expect Qatar to Let Force Majeure Lapse in July
Asian LNG buyers expect Qatar to let its force majeure expire in July as regional tensions ease and exports ramp up, potentially boosting spot supply.
Traders Pare ECB Rate Bets to Below Quarter-Point Hike in 2026
Traders have scaled back expectations for ECB rate hikes to below a quarter-point in 2026, as falling oil prices ease inflation concerns and reduce the urgency for tighter monetary policy.
China Gives Coal Room to Grow in New Five-Year Energy Plan
China's new five-year energy plan allows coal consumption to grow, prioritizing energy security over climate goals, which could keep global coal demand elevated and pressure emissions targets.
Kazakh Karachaganak Field Cuts Oil Output After Drone Strike
Kazakhstan's Karachaganak field cut crude output by over 25% after a drone attack shut a Russian processing plant, tightening global supply expectations.
European Gas Edges Higher on Hormuz Strait Attack Fears
European natural gas prices edged higher after an attack on a cargo ship in the Strait of Hormuz renewed fears about safe passage through the critical waterway, threatening global LNG supply.
Lundin Oil Executives Face War Crimes Trial Over Sudan Dealings
Former Lundin Oil chairman Ian Lundin and ex-CEO Alexandre Schneiter face trial for alleged complicity in war crimes committed by Sudanese forces during the country's civil war.
Page 15 of 26
About this page
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.