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Local News

CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port.

17 hours ago

The Ceylon Petroleum Corporation has confirmed that there is no risk of a fuel shortage in Sri Lanka, with 180,000 metric tons of crude oil expected to arrive shortly.

1 sources

CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port

Image Credit : lankacnews.com

Economy

Image Source : fxleaders.com

Global Oil Price Volatility: Why Geopolitical Tensions and Market Dynamics Hit Consumers Hard.

May 13, 2026 at 12:40 AM

10 sources

Economy

Image Source : bbc.com

Global Oil Markets Tense as US-Iran Ceasefire Negotiations Falter.

May 12, 2026 at 6:29 AM

8 sources

United States

Image Source : fortune.com

US Accelerates Oil Reserve Release to Combat Global Energy Market Volatility.

May 12, 2026 at 6:02 AM

9 sources

Global Oil Markets Tumble as Potential U.S.-Iran De-escalation Emerges

Image Source : theguardian.com

Economy•

May 6, 2026 at 11:36 AM

Global Oil Markets Tumble as Potential U.S.-Iran De-escalation Emerges.

International oil prices experienced a sharp decline as Brent crude fell below $100 per barrel following reports of potential diplomatic progress between the U.S. and Iran regarding the Strait of Hormuz.

8 sources

Finance

Global Markets Rally on AI Enthusiasm as Energy Supply Concerns Mount.

April 27, 2026 at 4:15 AM

Asian stock markets hit record highs driven by AI investment optimism, even as stalled U.S.-Iran diplomatic talks push oil prices to a three-week peak due to Strait of Hormuz supply disruptions.

6 sources

Local News

Image Source : logistics.maritimeprofessional.com

Ceylon Petroleum Corporation Confirms Fuel Supply Stability Through May.

April 26, 2026 at 12:28 AM

15 sources

Energy

Geopolitical Tensions Drive India and China into Fierce Competition for Russian Oil.

The ongoing Iran war and the effective closure of the Strait of Hormuz have triggered a desperate scramble for Russian crude as both India and China struggle to secure energy supplies amid global shipping disruptions.

April 23, 2026 at 9:06 AM

14 sources

Energy

Image Source : cbsnews.com

Global Oil Markets Rally Amidst Stalled US-Iran Diplomacy and Maritime Disruptions.

April 20, 2026 at 3:01 AM

9 sources

Economy•

April 17, 2026 at 9:45 AM

Ceylon Petroleum Corporation Clarifies High-Cost Fuel Imports Amid Market Volatility.

The CPC Chairman clarified that reports of crude oil being purchased at $286 per barrel were inaccurate, explaining that the high cost applied to refined diesel due to global supply chain pressures.

10 sources

Local News

Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts.

April 16, 2026 at 10:35 AM

Sri Lanka is set to receive a major shipment of 97,500 metric tonnes of crude oil as the CPC stabilizes fuel supply chains despite global geopolitical tensions.

9 sources

Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts

Image Credit : list.lk

Economy

Image Source : sudanindependent.net

Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs.

April 16, 2026 at 4:54 AM

12 sources

Economy

Image Source : npr.org

Deciphering the Oil Market Divide: Physical Realities Versus Futures Speculation.

April 13, 2026 at 8:24 AM

5 sources

Energy

Image Source : theguardian.com

Why Immediate Relief at the Gas Pump Remains Unlikely Despite US-Iran Ceasefire.

April 8, 2026 at 1:13 PM

8 sources

Egypt Implements Stringent Energy Conservation Policies Amid Global Fuel Crisis

Image Source : asiaone.news

International News•

April 7, 2026 at 6:48 PM

Egypt Implements Stringent Energy Conservation Policies Amid Global Fuel Crisis.

Facing severe energy shortages triggered by the blockade of the Strait of Hormuz, Egypt has introduced mandatory shop closures, fuel price hikes, and remote work policies to manage its dwindling reserves.

10 sources

Local News

Sri Lanka Secures Energy Supplies: US Crude Oil Shipment Expected in May.

April 7, 2026 at 4:06 PM

Sri Lanka is bracing for improved fuel supplies as officials confirm an incoming US crude oil shipment in May, complementing nine other fuel deliveries scheduled for April.

2 sources

Sri Lanka Secures Energy Supplies: US Crude Oil Shipment Expected in May

Image Credit : athavannews.com

Local News

Image Source : tamil.indianexpress.com

Laugfs Gas Secures 7,000 MT Stock to Stabilize Festive Season Supply.

April 7, 2026 at 12:05 PM

2 sources

Economy

Image Source : impactnews-wire.com

The Iran Conflict: How the Middle East Energy Crisis is Rattling African Economies.

April 7, 2026 at 11:41 AM

9 sources

Local News

Image Source : themorningtelegraph.com

President Dissanayake Addresses Parliament on Impending Fuel Shipments and Middle East Crisis Impact.

April 7, 2026 at 7:43 AM

10 sources

Europe's Growing Energy Vulnerability: The Convergence of Hormuz and Libyan Oil Disruptions

Image Source : weforum.org

Global News•

April 6, 2026 at 4:55 PM

Europe's Growing Energy Vulnerability: The Convergence of Hormuz and Libyan Oil Disruptions.

As global markets grapple with the fallout from the Strait of Hormuz closure, Libya's unstable political landscape is emerging as a critical, yet fragile, alternative for European energy supplies.

10 sources