Iran Hit by Power Protests as Oil Exports Surge to 1.9 Million bpd | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 23, 2025, 1:30 PM CDT Protests have erupted for a second night in the Iranian city of Sabzevar, as residents took to the...Continue Reading

On Wednesday morning, the accountancy regulator announced that it has launched an investigation into Deloitte over audits related to the FTSE 100 giant Glencore. Glencore is one of the world’s largest commodity trading houses. Its operations span coal mining, energy trading and shipping, and it trades hundreds of billions of dollars in commodities every year...Continue Reading

Russia’s Gas Production Drops Despite Surge to China and Domestic Uptake | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 23, 2025, 12:30 PM CDT Russia’s natural gas production fell 3.2% in the first half of 2025, reaching 334.8?billion cubic meters (bcm), as higher exports...Continue Reading

The total volume of oil passing through the Strait of Hormuz stands around a staggering $600 billion. While a blockade of the strait is considered a distant possibility, its closure could ripple across global supply chain networks. In particular, Japan, China, and India would be impacted the most. Furthermore, a shock to oil prices would...Continue Reading

Germany’s Offshore Wind Sector Stalls | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 23, 2025, 11:30 AM CDT Germany’s offshore wind power installations stagnated in the first half of 2025, with 9.2 gigawatts (GW) as of June 30, the same as at end-2024, German...Continue Reading

Precious Metal Prices Surge Amid Geopolitical and Economic Uncertainty | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 23, 2025, 11:00 AM CDT Platinum saw a...Continue Reading

Oil Price Swings Challenge Big Oil Trading Profits | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 23, 2025, 10:30 AM CDT While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors...Continue Reading

U.S. crude oil inventories fell by 3.169 million barrels in the week ending July 18, the Energy Information Administration (EIA) reported on Wednesday, broadly confirming the earlier API estimate but with a steeper decline. Analysts had expected a more modest draw, reinforcing signs of strong refining activity and steady demand amid peak summer travel. Inventories...Continue Reading

Lucid Motors Forges Alliance for U.S. Battery Materials | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jul 23, 2025, 9:45 AM CDT Lucid Group (NASDAQ: LCID), an electric vehicle manufacturer, announced Wednesday a collaboration with several critical mineral producers aimed...Continue Reading

EU Sanctions Disrupt Fuel Exports of Indian Refiner Nayara Energy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 23, 2025, 9:30 AM CDT Indian refiner Nayara Energy, in which Russia’s top oil firm Rosneft holds 49%, is already experiencing disruption to its fuel exports,...Continue Reading