The Arctic is gaining global attention as melting ice unlocks access to vast natural resources. From “ecosystem services” like climate regulation to lucrative mineral and oil reserves, this chilly region’s economic value is surprisingly large. In this graphic, Visual Capitalist’s Marcus Lu breaks down the Arctic’s annual economic value based on the results of a...Continue Reading

Oil Surges over 3% As Israel Strikes Iran’s Natanz Enrichment Facility | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 11:16 AM CDT Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz,...Continue Reading

Diesel Emerges as Key Winner Amid Middle East Tensions | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jun 17, 2025, 11:00 AM CDT Oil rallied almost 3% on Tuesday morning as tensions in the...Continue Reading

PetroChina Looks to De-Risk LNG Trades with North American Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 10:30 AM CDT PetroChina’s trading arm is looking to boost the flexibility of its LNG trading portfolio with supply from North America, a senior...Continue Reading

Musk’s Political Fallout Weighs on Tesla’s Reputation | 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 – Jun 17, 2025, 10:00 AM CDT Tesla is experiencing increased competition...Continue Reading

Oil Price Surge Threatens Asian Currencies | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 17, 2025, 9:49 AM CDT The currencies of several major Asian oil importers are ripe for depreciation with the spike in international crude oil prices, analysts at Barclays said on...Continue Reading

Iran Threatens To Leave Nuclear Treaty and Close Strait of Hormuz | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 17, 2025, 9:00 AM CDT Iran...Continue Reading

IEA Doubles Down On Peak Oil Demand Forecast | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 17, 2025, 8:04 AM CDT The International Energy Agency forecasts global oil demand to peak and plateau by the end of this decade,...Continue Reading

Austria Urges EU to Reconsider Russian Gas Ban After Peace Deal | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 17, 2025, 7:17 AM CDT The European Union should be...Continue Reading

Banks Boost Fossil Fuel Financing for The First Time since 2021 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 17, 2025, 6:20 AM CDT The world’s biggest banks raised...Continue Reading