Oil and gas industry News
Latest conceptually matching events and reports for Oil and gas industry.
Global Energy Markets on Edge as Strait of Hormuz Diplomacy Stalls.
As diplomatic efforts between the U.S. and Iran over the strategic Strait of Hormuz continue without a clear breakthrough, global oil prices remain volatile, putting pressure on supply chains and inflation.
Global Energy Paradigm Shifts as Conflict Reshapes Supply Chains.
Escalating conflict in Iran is causing a seismic shift in global energy markets, forcing nations to prioritize energy independence, accelerating the transition to renewables, and challenging traditional oil-producing blocs like OPEC.
Sri Lanka and India Advance Plans for Cross-Border Oil Pipeline Project.
Sri Lanka and India are progressing with plans to develop a cross-border oil pipeline, aiming to strengthen regional energy security and establish an energy hub in Trincomalee with support from the UAE.
Deciphering the Oil Market Divide: Physical Realities Versus Futures Speculation.
As global oil prices surpass $103 per barrel due to geopolitical tensions in the Strait of Hormuz, a widening gap has emerged between physical spot prices and futures contracts. This analysis explores why market perceptions are currently diverging from real-world supply realities.
