US announces civilian nuclear deal with Saudi Arabia Updated 23 Jul, 2026 07:36am The deals were signed by US Energy Secretary Chris Wright and his Saudi counterpart Prince Abdulaziz bin Salman
Natural gas: Asia, Europe face scarcity, US glut Published 03 May, 2026 02:25am NEW YORK: The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf....
ME conflict: what should be our economic policy response? Published 20 Mar, 2026 06:15am The Iran war is now in its third week. In addition to causing loss to life, and property in the Middle East region,...
Crude futures turn positive on continued Hormuz closure Published 15 Mar, 2026 02:21am HOUSTON: Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the...
Crude futures turn positive on continued Hormuz closure Published 14 Mar, 2026 04:55am HOUSTON: Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the...
US Navy has not escorted tanker through Hormuz: White House Published 11 Mar, 2026 08:14am WASHINGTON: The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said...
Oil climbs as IEA lifts demand growth forecast, US inflation cools Updated 14 Nov, 2023 08:39pm LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,...
Ford-SK venture to get $9.2bn US loan for battery plants Published 26 Jun, 2023 06:38am WASHINGTON: The US Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South...
US to start buying back oil for strategic reserve Published 19 Dec, 2022 06:00am WASHINGTON: The US Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum...
Oil prices rise on low diesel stocks ahead of winter Updated 13 Oct, 2022 09:07pm HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of...
Oil down on strong dollar, worries about recession, hawkish Fed talk Published 13 Oct, 2022 05:59am NEW YORK: Oil futures fell for a third day on Wednesday, as a stronger dollar and worries about weaker demand and...
Oil prices drop in advance of expected Fed rate hike Updated 20 Sep, 2022 10:25pm NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors...
US Energy Department set to loan GM battery joint venture $2.5bn Published 26 Jul, 2022 04:30am WASHINGTON: The US Energy Department on Monday plans to announce it intends to loan a joint venture of General ...
Oil jumps toward $108 as supply fears persist despite reserves release Updated 04 Apr, 2022 07:25pm LONDON: Oil jumped over 3% on Monday toward $108 a barrel as the release of strategic reserves by consuming nations...