News & Insights
Latest updates from global commodity markets
OilPrice.com
TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies has made a new discovery offshore Angola and has bought operated interest in two new exploration blocks close to operating hubs as the international majors are returning to exploration in Angola’s waters to take advantage of existing infrastruct…
Sep 10, 2026
Rigzone
EU Faces Worst Gas Storage Position in Decades, WoodMac Says
Wood Mackenzie warned that Europe faces its 'weakest' winter gas storage position for nearly two decades.
Sep 10, 2026
Financial Post
Enbridge to buy Tallgrass crude business for US$2.6 billion
Enbridge Inc. reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about US$2.6 billion. Read more.
Sep 10, 2026
Rigzone
TotalEnergies Makes New Discovery offshore Angola
TotalEnergies announced another discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter.
Sep 10, 2026
OilPrice.com
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and more expensive trade routes. While the crude oil supply is actually there, shipp…
Sep 10, 2026
Rigzone
Oil Closes at Highest Level in 4 Months
The Brent oil price closed at $101.21 per barrel on Wednesday.
Sep 10, 2026
OilPrice.com
India Calls for Bigger Biofuel Push as Oil Prices Soar
India needs to expand biofuel production and consumption to boost its energy security as crude oil prices soar amid the Middle East crisis, according to Tarun Kapoor, an adviser in India’s Prime Minister’s Office. “The future of biofuels is about maximizing v…
Sep 10, 2026
Financial Post
GasEntec Announces New Ownership Structure, Accelerating Next Phase of Global Growth
Independent LNG infrastructure and technology company expands investment in proprietary technology, modular solutions and global project development. SAN FRANCISCO — GasEntec Holdings Inc., a global LNG technology and assets company, today announced a new own…
Sep 10, 2026
Rigzone
Iran Says Ready for Escalation after Trump Warning
'The war is going to end immediately after the election because they can't hold out any longer', Trump said.
Sep 10, 2026
OilPrice.com
Global Clean Investment Falls 17% as China Pullback Takes Its Toll
Investment in what most call clean technologies dropped by 17% over the first half of the year, as China switched from subsidies to a market-based approach to those industries, a report from Rhodium Group has revealed. Investments in things such as wind and s…
Sep 10, 2026
CNBC
Trump warns Tehran over Pickaxe Mountain activity; U.S.-Iran exchange attacks on ships near Hormuz
U.S. President Donald Trump has urged Iran "not to get cute" over activity at a suspected nuclear site on Pickaxe Mountain.
Sep 10, 2026
OilPrice.com
Australia Softens Gas Reservation Rule for LNG Exporters
Australia’s government has relaxed gas supply rules for producers aimed at securing enough gas for the domestic market. Originally, the rules stipulated that producers should reserve 20% of output for the Australian market. Now, the proposal is for up to 20% …
Sep 10, 2026