Oil

Oil Prices Tumble Amid Supply Glut and Weak Demand
Conventional Fuels Oil Prices Tumble Amid Supply Glut and Weak Demand

The global energy market has been sent reeling as oil prices plunged to their lowest point since February 2021, a dramatic downturn driven by the powerful confluence of burgeoning supply and rapidly deteriorating global demand. This sharp decline, which saw Brent crude futures fall below the

Why Is BP Accelerating Its Pivot Back to Oil and Gas?
Conventional Fuels Why Is BP Accelerating Its Pivot Back to Oil and Gas?

A leadership carousel spinning at an unprecedented rate for an energy supermajor often signals deep-seated turmoil, yet at BP, the appointment of a fourth CEO in six years suggests a calculated and aggressive doubling down on its fossil fuel origins. The selection of Woodside Energy’s Meg O’Neill

Thailand and Laos Ease Tensions Over Fuel Smuggling Claims
Environmental & Regulations Thailand and Laos Ease Tensions Over Fuel Smuggling Claims

A sudden spike in fuel truck traffic at a key border crossing recently ignited security concerns and diplomatic friction between Thailand and Laos, raising questions about illicit trade networks operating in Southeast Asia. The situation, centered around allegations that Laos was serving as a

India's Russian Oil Imports Defy Sanctions
Conventional Fuels India's Russian Oil Imports Defy Sanctions

Despite the implementation of increasingly stringent Western sanctions aimed at constricting Moscow's oil revenues, India's procurement of Russian crude oil has demonstrated a remarkable and unexpected level of stability. After a notable increase in November, analysts widely predicted a sharp

What Is Fueling Japan's Energy Transition?
Infrastructure & Technology What Is Fueling Japan's Energy Transition?

In a remarkable turnaround for one of the world's most resource-dependent nations, Japan has engineered a significant reduction in its reliance on imported fossil fuels, driving its consumption of oil, gas, and coal for electricity generation to the lowest point in over a decade. This profound

What's Behind Crude Oil's Multi-Year Low?
Conventional Fuels What's Behind Crude Oil's Multi-Year Low?

The global oil market has been thrust into a period of significant volatility, with West Texas Intermediate (WTI) crude prices plummeting to levels not witnessed since 2021, marking a stark reversal from previous highs. This dramatic downturn, which has pushed year-to-date losses beyond the 20%

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