The global recycled base oil market is entering 2026 at a pivotal moment, driven by tightening environmental regulations, rising virgin…
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87% Built and Already Firing: EACOP Cuts Thousands of Local Workers as Africa’s Biggest Pipeline Nears Completion
As construction of the East African Crude Oil Pipeline (EACOP) approaches 87 percent completion, operator Eacop Ltd has begun mass…
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EU Set to Raise Russian Oil Price Cap to $65 as Sweeping New Sanctions Target Banks, Crypto and Shadow Fleet
The European Union is preparing to raise the price cap on Russian Urals crude oil from $44.10 to $65 per…
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Barclays Warns Oil Supply Shock Could Derail Europe’s Markets as Energy Buffers Rapidly Erode
Barclays has warned that oil supply disruption remains a key threat to European equity markets despite an AI-driven semiconductor rally…
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European Electric Vehicle Registrations Skyrocket as Volatile Oil Supplies Accelerate the Continental Shift to Battery Power
We often talk about “inflection points” in technology as if they are scheduled events, like a product launch or a…
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Global records as Wall Street leads, KOSPI tops 7,000 on tech; Europe mixed on easing oil prices
Wall Street, Europe, and Asia rally on lower inflation pressure and improving geopolitical sentiment Global stock markets reached unprecedented peaks…
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Cuba declares Rubio lying about oil blockade
HAVANA – Cuba on May 5 accutilized US Secretary of State Marco Rubio of lying when he denied that the…
Read MoreEuropean Markets Rebound Amid Corporate Earnings and Oil Price Concerns
European stocks saw a modest rebound on Tuesday, empowered by robust corporate earnings reports while geopolitical anxieties concerning U.S.-Iran tensions…
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The world’s oil map is being squeezed at Hormuz, and Europe and Asia are racing to keep fuel relocating without another shock
A U.S. naval blockade tarobtaining ships attempting to enter or leave Iranian ports has put the Strait of Hormuz back…
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Oil tanker hijacked off coast of Yemen and taken towards Somalia
Mohamed GabobeSunday May 3, 2026 Gulf of Aden (file photo) Somali pirates have hijacked an oil tanker off the coast…
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