Mercuria has launched ‘explosive’ lawsuit against Baltic Exchange over rates set for tanker routes disrupted by Iran war
G7 finance ministers did not discuss second emergency release to calm energy crisis, says Roland Lescure
US may produce more oil than it consumes but banning exports would be extremely complicated
Chancellor sets out sweeping package of measures aimed at helping businesses and families
Binance among exchanges to offer so-called perpetual futures to speculate on price of rocket company’s upcoming IPO
Surging energy demand causes grid operators to prioritise fossil fuels
Despite urgent warnings, governments have failed to take the current energy shock seriously enough
Byproduct of cheese industry has become a valuable commodity
Analysts say use of Chinese currency in global oil trade is on the rise
Brent crude falls to about $105 a barrel as Asia-bound vessels raise hopes of resumption of energy flows
Sharp rises in diesel and petrol prices spark violent clashes in Kenya and Comoros and strikes in Mozambique
Government aims to alleviate supply problems caused by Iran war and echoes similar measures in US
Tools that worked to lower prices in the last crisis have already been spent
Jakarta to set up state-owned enterprise that would be sole exporter of palm oil, thermal coal and nickel
Is this the worst ageing fuel subsidy in the world?
Oil futures markets are sanguine, but history shows expectations have often been disappointed
Talks on Power of Siberia 2 pipeline come just days after Donald Trump’s visit to Beijing
Plus, why Citadel is rapidly expanding its LNG operations
Tehran turns to floating storage to keep country’s production going
Tianqi says demand forecasts underestimate rapid rise of battery-powered industrial equipment
Renewal of 30-day licence comes as high fuel costs hit American consumers
Refiners maximise production and increase imports from US and Africa to offset loss of Middle Eastern supplies
Military contractors want more time to comply with prohibition years in the making and now just months away
Extra spending on petrol and diesel exceeds cost of repairing country’s bridges or rebooting air traffic control
Group invests in basket of company equities and tells bondholders the sector is ‘undervalued’