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Oil traders are mixed over whether OPEC+ will restore production in December, as oil prices falter amid a fragile economic outlook.

Oil Traders Split on Whether OPEC+ Will Hike Supply in December

by Bloomberg| G.Smith, S.Cheong, A.Longley, M.Gindis |Oil traders are divided over whether OPEC+ will proceed with plans to restore production in December, as...

Israel responded with massive airstrikes against Iran following a missile attack earlier this month in the most significant escalation to date.

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Israel Begins Retaliatory Strikes Against Iran Following Missile Barrage Targeting Israelis

Story Credit| Fox News |Greg Norman, Brie Stimson, Caitlin McFall, Liz Friden, Efrat Lachter | In the largest attack by Israel on...

The most significant influx of liquified natural gas (LNG) supply is coming online and it will transform and reshape the global markets

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A ‘Tidal Wave’ of Natural Gas Supply — The Biggest Yet — Will Reshape Global Markets, Says RBC Capital

Story by Lee Ying Shan |CNBC.com| The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform...

Labour campaigner’s oil company will sell its North Sea assets after concluding Britain is no longer attractive enough for investment.

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Labour Campaigner’s Oil Company Joins North Sea Exodus Amid Tax Raid

Matt Oliver | The Telegraph | A Labour campaigner’s oil and gas company will sell its North Sea assets after concluding Britain...

The 1973 Oil Crisis parallels current Middle East events, with religiously significant attacks leading to broader regional conflict in Iran

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Is The West Prepared To Deal With Potential Iranian Sabotage Of The Oil Market

Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key component of the Israel-Hamas War (and the underlying...

Russian oil companies may ban diesel exports for firms not producing diesel, amid rising prices and concerns over losing state subsidies.

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Russia Considers Diesel Export Ban for Non-Producers

By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the possible ban on diesel exports for firms not...

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market due to the Middle East conflict.

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Saudi Arabia Raises Asia Oil Price as Middle East Conflict Rages

By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...

An attack on the oil terminal on Kharg Island would be impactful, with some 90% of Iran’s global exports passing through those terminals.

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Potential Israeli Strike on Iran’s ‘Oil Island’ Could Send Crude Prices Soaring

Brent crude prices have climbed 8.5% so far this week on concerns over conflicts in the Middle East Story By Myra P....

The UK is about to stop producing electricity from burning coal, ending its 142-year reliance on the fossil fuel.

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UK to Finish With Coal Power After 142 Years

Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to stop producing electricity from burning coal, ending its...

Tax hikes on North Sea oil and gas firms may cost taxpayers billions more in decommissioning fees than expected, raising concerns.

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Why the rapid death of North Sea risks leaving taxpayers on the hook for billions

Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax raid on the UK’s North Sea oil and...

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