Energy Market News

Latest news and analysis on oil, gas, and commodity markets

Oil giants circle BP as struggling energy major becomes takeover target

Shell, Chevron, ExxonMobil, TotalEnergies, and Abu Dhabi's ADNOC are all reportedly evaluating a potential acquisition of BP amid falling share prices.

Jan 2market

Oil prices edge higher as 2026 trading begins amid OPEC+ and geopolitical watch

Crude oil futures gained on the first trading day of 2026 as markets weigh the upcoming OPEC+ meeting and escalating geopolitical tensions.

Jan 2analysis

Oil markets face oversupply pressure as 2026 begins

Crude oil prices remain under pressure as analysts warn of significant oversupply in 2026, with OPEC+ pausing production increases to defend market stability.

Jan 1analysis

Oil Market 2025: A year of volatility and transition

As 2025 comes to a close, we look back at a year marked by OPEC+ production cuts, fluctuating demand from China, and the ongoing energy transition reshaping global markets.

Dec 31OPEC

OPEC+ Extends production cuts through Q2 2026

The oil cartel announced extended supply restrictions as members aim to support prices amid global demand uncertainties.

Dec 30Brent

Brent Crude holds above $60 amid supply concerns

International benchmark stabilizes near $61 as geopolitical tensions and supply disruptions support prices.

Dec 29Natural Gas

Natural Gas storage hits five-year high ahead of winter

US natural gas prices stabilize around $3.60 as storage levels remain elevated but cold weather provides periodic support.

Dec 28China

China oil demand recovery exceeds market expectations

The worlds largest crude importer shows stronger-than-expected consumption growth as economic stimulus measures take effect.

Dec 27Energy Transition

Energy transition accelerates as major oil companies boost renewable investments

Shell, BP, and TotalEnergies announce significant increases in clean energy spending as pressure mounts from investors and regulators.

Dec 26WTI

WTI Crude Steady as US Inventory Data Shows Mixed Signals

American benchmark oil prices hold near $57 as EIA reports mixed inventory data from the Cushing hub.