Browsing Tag
Energy Markets
8 posts
South Africa records largest diesel price increase in history as Strait of Hormuz closure drives fuel shock
South Africa's diesel price rose a record R7.51/litre on 1 April 2026 after Iran's Strait of Hormuz closure. Godongwana cut the fuel levy by R3 to cushion the shock.
Strait of Hormuz closure pushes oil to 2022 highs as Wall Street logs weekly loss amid Iran conflict
Brent crude settles above $100 and US stocks post weekly losses as the Strait of Hormuz closure fuels inflation fears and complicates Federal Reserve rate cut plans.
Jet fuel hits $200 a barrel: airlines across Asia and Europe scramble to raise fares
Qantas, SAS, Air New Zealand and Air India raised fares as the Middle East conflict pushed jet fuel to $200 a barrel and closed Gulf airspace.
Can long-term LNG contracts still anchor investor confidence in a climate-conscious world?
Can long-term LNG contracts remain a safe bet for investors in a net-zero world? Explore the outlook for gas infrastructure and policy-driven risks.
BP flags higher upstream output despite weak oil trading in Q3 2025
BP expects higher upstream production in Q3 2025 and stronger refining margins but warns of weak trading and impairments ahead of its November results.
Chevron El Segundo refinery fire: Latest developments and what’s next for California fuel prices
Refinery blaze at Chevron’s El Segundo intensifies California fuel stress — new updates suggest jet fuel surges, import shifts, and possible gas hikes.
Vermilion Energy’s 2024 surge: Higher cash flow, major gas find, and growth plans
Vermilion Energy Inc. has reported its financial and operational performance for 2024, demonstrating resilience and strategic growth amid…
PTC India reports strong Q3 FY25 growth as power trading volume surges
PTC India Limited, a leading provider of power trading solutions, has reported robust financial performance in the third…