Octopus boss Greg Jackson has called on Andy Burnham to deliver “urgent reform” to the energy market to protect households from “volatile” gas prices. Jackson, founder of the UK’s biggest household electricity supplier, said: “The government’s decision to take VAT off electricity and remove some of the levies from bills has helped soften the blow...Continue Reading

Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a workaround, one tanker handoff at a time. Saudi Aramco is offering more September crude to Asian buyers through ship-to-ship transfers outside Hormuz, according to Reuters, after shipping data showed Saudi barrels...Continue Reading

CNOOC Posts Record Profit as China Pumps More Oil at Home | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 26, 2026, 2:45 PM CDT China’s...Continue Reading

Oil Drops as Tankers Begin Moving More Gulf Crude | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 26, 2026, 2:00 PM CDT Brent crude futures dropped for a third session as Iran and Oman advanced plans for a temporary maritime corridor through...Continue Reading

Why Kazakhstan’s New Political Order Matters for US Trade | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 26, 2026, 1:00 PM CDT Kazakhstan’s August 23 election established...Continue Reading

Europe’s Heatwaves Are Putting Nuclear Power Under Pressure | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – Aug 26, 2026, 12:00 PM CDT Extreme heat and drought...Continue Reading

UK Government Takes Stake in Tungsten Mine With £71m Mine Bet | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Aug 26, 2026, 11:00 AM CDT The...Continue Reading

The Netherlands to Miss Natural Gas Filling Target for Winter | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 26, 2026, 11:00 AM CDT The Netherlands will miss its target to fill natural gas storage sites ahead of the winter, its gas network operators said...Continue Reading

Crude oil inventories in the United States saw an increase of 100,000 barrels during the week ending August 21, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 428.9 million barrels, according to government data, which are now 1% above the five-year average for...Continue Reading

Natural Gas, Not Oil, Is Key Inflation Concern in Europe | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 26, 2026, 9:30 AM CDT Soaring energy prices have rekindled inflation fears in Europe since the Iran war disrupted oil and gas flows, but policy makers...Continue Reading