Volatility surged on China’s oil futures following the US sanctions on Yangshan Port, Reuters reports. Traders sprang into action as market uncertainty escalated amid mounting geopolitical tensions
Browsing: energy markets
The New York Times reports that President Trump is poised to double tariffs on India to a staggering 50%, escalating tensions in response to India’s continued purchases of Russian oil and deepening trade conflicts between the two nations
Enbridge unveils a booming demand to boost oil pipeline capacity from Canada to the U.S. Gulf Coast, spotlighting a dramatic rise in cross-border energy trade amid environmental concerns and regulatory hurdles
Canada is expanding its natural gas reach by launching exports to Asia, venturing beyond its long-standing U.S. market. This exciting shift not only diversifies trade partnerships but also taps into Asia’s rapidly growing energy demand, marking a vibrant new era in Canada’s energy strategy
Cheniere Energy is accelerating LNG exports to Japan, strengthening its long-term commitment to energy partnerships and meeting soaring demand. This dynamic move underscores the company’s passion for fueling growth in the global LNG market
Germany has decisively turned down the idea of splitting Europe’s power market into zones, asserting that this approach would jeopardize both market efficiency and stability. This bold stance emerges during a critical period of discussions surrounding energy security and pricing, especially in light of the ever-changing crude oil prices
Exciting news for commodity traders! They are gearing up to submit their bids for Italy’s vital gas storage facility, the Interconnector Pipeline (IP), by May. This strategic initiative is a key part of Italy’s mission to bolster energy security in response to the surging demand for resources.
Indian refiners are increasingly sourcing oil from Latin America and Africa to compensate for the loss of Russian crude, as geopolitical tensions reshape global supply chains. February data highlights a strategic pivot amid shifting market dynamics.