Fuel & oil news
Headlines summarized in your language. Refreshed every 30 minutes.
Headlines
Iran Will Stay in Control of Hormuz, Treyz Says
Henrietta Treyz of Veda Partners expects Iran to retain control of the Strait of Hormuz after the war, a key factor for global oil supply and tanker transit.
Saudi Arabia Slashes Oil Prices by Most in Decades Amid Glut
Saudi Arabia cut its official selling price for Asian customers by the most in over 26 years, signaling intensifying competition and a global oil supply glut.
Super El Niño Could Trigger Major Coal Boom in India
A super El Niño is expected to significantly boost India's coal-fired power generation over the next 12 months, potentially widening the generation gap as temperatures rise.
Oil exits danger zone, history suggests stock market rally ahead
Oil's retreat from elevated levels is seen as a tailwind for the economy, with historical patterns pointing to potential gains for equities.
Germany Weathers Energy Crisis With Growing Dependence on American LNG
Germany's LNG imports rose to 12% of total gas supply in H1 2026, up from 10% a year earlier, as American LNG helped offset supply losses from the Middle East.
European Investors Push Back Against Norway Arctic Oil Drilling Plans
Six more European financial institutions have joined the opposition to Norway's Arctic oil drilling plans, arguing that energy transition efforts should take priority over supply security.
South African Businesses Turn to Renewables Amid Eskom Crisis
South African businesses are investing heavily in renewable energy to shield themselves from rolling blackouts and rising electricity costs from state utility Eskom.
South Korea Charges All Four Refiners With Fuel Price Collusion
South Korean prosecutors have charged all four domestic refiners with colluding on fuel prices, alleging $17 billion in consumer harm, and also indicted four employees.
Ather Energy Plans $200 Million Share Sale to Institutional Investors
Indian electric scooter maker Ather Energy is planning a $200 million share sale to institutional investors, signaling growth ambitions in the EV market.
Asian markets mixed, oil slips as tech recovery stalls
Asian markets traded mixed on Monday as tech recovery momentum faded, while oil prices slipped on news of increased supply passing through the Strait of Hormuz.
Pakistan Buys More LNG as Hormuz Flows Remain Constrained
Pakistan purchased an additional LNG cargo for delivery this week as supply through the Strait of Hormuz from Qatar remains constrained, highlighting ongoing risks to global gas trade.
GasHub completes LNG facility for Rolls-Royce Seletar Campus, starts supply
GasHub has completed an LNG storage and regasification facility at Rolls-Royce's Seletar Campus in Singapore and commenced LNG supply and O&M services, marking a transition from construction to long-term operations.
Big Tech's $3 Trillion Struggle to Secure Enough Electricity
Big Tech companies are investing heavily to secure electricity for AI data centers, driving up demand for natural gas and renewable energy sources.
Australia Gas Export Empire Faces Backlash as Windfall Fuels Anger
Australia's LNG exporters face a public backlash despite a A$20 billion windfall from Middle East conflict, as rising domestic prices anger consumers.
Five Energy Stocks Riding Texas's Data Center Power Boom
Texas's data center boom is driving a surge in energy demand, benefiting five key energy stocks as ERCOT scrambles to power AI infrastructure.
Starmer Out, Burnham In: What Changes for UK Energy Policy
With Kier Starmer stepping down as UK Prime Minister, Andy Burnham is poised to take over, raising questions about potential shifts in British energy policy and its impact on oil and gas markets.
Energy Transfer (ET) Poised to Outperform S&P 500 in Late 2026
Pipeline operator Energy Transfer (ET) is forecast to beat the S&P 500 in the second half of 2026, driven by strong natural gas demand and infrastructure expansion.
Morgan Stanley Keeps Overweight on Chord Energy, Cuts Price Target to $169
Morgan Stanley reaffirmed its Overweight rating on Chord Energy (CHRD) but cut its price target to $169 from $175, citing lower oil prices after the US-Iran MOU.
OPEC+ Agrees in Principle on 188K B/D Hike for August
OPEC+ has a preliminary agreement to raise oil output by 188,000 barrels per day in August, delegates said, signaling a potential increase in supply amid a fragile US-Iran peace deal.
India Motorists Protest Modi's Biofuel Push, Threatening Import-Cut Goals
Indian motorists plan a major protest in New Delhi against the government's biofuel blending program, which aims to cut crude imports but has raised fuel costs and vehicle compatibility concerns.
Page 5 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.