The Breakwave Tanker Shipping ETF (BWET) has surged more than 600% since the beginning of the year, vastly outperforming fundamental energy trades like crude oil, which is up around 60% in t... Read more
This article was written by 1.26K Followers Follow With a professional background spanning multiple industries, from logistics, construction to retail, I bring a diverse perspective to inves... Read more
US oil is trading around $95 a barrel, far below some of the most dire price predictions during the Iran war. Goldman Sachs says three things are keeping pricing stable. Oil experts broke do... Read more
NICOSIA, Cyprus (AP) — A painful fuel crunch and soaring oil and gas prices triggered by the Iran war have nudged the European Union to look hard into funding alternative energy routes in th... Read more
WASHINGTON (AP) — Treasury Secretary Scott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at... Read more
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday sanctioned a major Chinese oil refinery and dozens of ships tied to Iran’s “shadow fleet,” escal... Read more
Energy experts have been warning oil futures have been totally disconnected from the reality that exists in the physical market, but a reckoning is unavoidable and imminent, according to a t... Read more
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry. The stock opened at $30.11, afte... Read more
Pirates have hijacked an oil tanker with 17 crew that was sailing near the Somali coast, according to multiple security officials who spoke to the BBC. The ship, Honour 25, was overrun late... Read more
Some “simple math” indicates that oil prices need to rise to balance out the huge supply disruption triggered by the Iran war, JPMorgan analyst Natasha Kaneva wrote in a note thi... Read more
