NEWS



Industry Highlights
Apr 19, 2024
Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude.
Apr 19, 2024
'It would mean extreme price volatility,' EIR warned.
Apr 19, 2024
'The risk profile for commercial vessels operating in the region remains at severe/critical,' Dryad stated.
Apr 19, 2024
Israel launched a retaliatory strike on Iran following last week's missile and drone barrage from Tehran, according to two U.S. officials.
Apr 19, 2024
Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
Today in Energy
Apr 18, 2024
Last year, U.S. hydropower electricity generation fell to its lowest since 2001. This year, we expect hydropower to increase 6% and account for 250 billion kilowatthours of electricity generation in the power sector, based on forecasts in our Short-Term E…
Apr 17, 2024
In our recently released Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp…
Apr 16, 2024
China, the world's largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data. Refiners in China imported record volumes of crude oil in 2023 to supply the countr…
Apr 15, 2024
The United States exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion cubic feet per day (Bcf/d), according to our Natural Gas Monthly. U.S. liquefied natural gas (LNG) exports accounted for more than half of all U.S. natural gas …
Apr 12, 2024
On April 8, 2024, a total solar eclipse briefly but fully obscured sunlight to utility-scale solar electric generation facilities along the eclipse's path, from Texas through Maine. Texas was especially affected because of how much solar capacity was in t…

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