Global rice markets are in crisis amid ‘artificial’ shortage
Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is…
Strait of Hormuz is in focus as Israel-Hamas war threatens to spread
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates. ATTA KENARE | AFP | Getty Images It’s been…
Oil could hit record high of $157 if Israel-Hamas war escalates: World Bank
Picture taken on May 3, 2022 shows a general view of Slovakia’s largest mineral oil refinery Slovnaft in Bratislava, Slovakia. Joe Klamar | Afp | Getty Images Record high oil…
caution ahead of Fed meeting; Middle East tensions spike
In an aerial view, the Valero Houston refinery seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Oil prices dipped even after Israel sent ground forces…
Chevron, Exxon’s latest buys could herald a new era of oil megamergers
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Energy heavyweights Chevron and Exxon Mobil announced shiny new acquisitions this month — and some industry watchers say it…
Oil experts expect knee jerk reaction in energy markets
EDITORS NOTE: Graphic content / TOPSHOT – A plume of smoke rises above buildings in Gaza City on October 7, 2023 during an Israeli air strike. At least 70 people…
Companies want ESG, but returns too, says S&P’s Dan Yergin
The planned transition toward renewables is still in focus for the energy industry, and technology such as hydropower, solar, biofuels and many others remain key as the world seeks to…
Southeast Asia to be key drivers of LNG market by end of decade
Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images Southeast Asian countries are expected to be key demand drivers for the LNG market by…
Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
CNN — Ukraine will soon face its second winter at war, and the bold campaigns of a year ago that saw significant gains in Kharkiv and Kherson seem a distant…
WTI, Brent prices surge to highest level in more than a year
The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Oil prices surged to their highest level in over a year during…