Producers and consumers need to cooperate to maintain global gas supply security in light of escalating geopolitical tensions, as highlighted in a new IEA report. The demand for natural gas

Oil prices increased on Thursday as concerns about a potential escalation of conflict in the Middle East took precedence over the outlook for stronger global supply. This heightened apprehension about

Uruguay’s state-owned oil company and regulator, Ancap, has approved Challenger Energy’s farm-out of the AREA OFF-1 licence to Chevron. The approval, granted in March 2024, marks a major step forward

Oil prices experienced a modest rise on Monday, following last week’s U.S. interest rate cut and a reduction in crude supply caused by Hurricane Francine. These factors balanced out weaker

Oil prices rose slightly in Asian markets on Monday, driven by expectations of a U.S. interest rate cut. However, these gains were limited by ongoing concerns about demand and weak

Oil prices saw an increase on Thursday as concerns arose over possible supply disruptions in the United States due to Hurricane Francine. The storm, which made landfall along the US

Oil futures experienced a near 1% increase on Monday, as an approaching hurricane in the U.S. Gulf Coast region helped prices recover after significant losses the previous week. Brent crude

Oil prices stabilised on Thursday, showing slight gains after hitting multi-month lows. This upward movement was driven by a potential delay in production increases from OPEC+ and a significant decline