Tag: crude oil
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Oil prices rise again. Brent crude exceeds $116 a barrel as the situation in the Middle East worries markets
Oil prices have started rising again after earlier declines, while investors continue to monitor developments in the Middle East closely. On Tuesday, 27 October, the price of Brent…
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ORLEN tightens cooperation with Naftogaz. LNG, fuels and ukrainian oil on the table
Orlen and Ukraine’s Naftogaz Group have signed two agreements expanding their cooperation into additional segments of the energy market. The parties will assess the delivery of three LNG…
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Poland looks for oil beyond Saudi Arabia. Orlen must respond to supply disruptions
Disruptions in the oil market are beginning to directly affect the security of crude oil supplies to Poland. Orlen is looking for replacement cargoes, including in the North…
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Orlen secures oil from Norway. Three-year agreement with Equinor
Orlen has signed an agreement with Norwegian Equinor for the purchase of crude oil from the Johan Sverdrup field on the Norwegian Continental Shelf. The contract is valid…
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The end of Norway’s petro-power. Oil and gas production could drop to nearly zero by 2050
The latest report from the Norwegian Petroleum Directorate, published on August 20, 2026, delivers shocking forecasts for the future of one of Europe’s largest energy suppliers. Without the…
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Chinese Coal Gasification
Events in the Persian Gulf that have limited supplies of cheap crude oil and natural gas to China, as well as many other countries, have resulted in a…
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Bloomberg warns the Strait of Hormuz closure could be permanent
Bloomberg: Blockade of the Strait of Hormuz may last longer than assumed, despite US-Iran talks. Lack of economic shock on both sides prolongs the conflict, and oil reserves…
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The Strait of Hormuz like a broken bottle. The world faces oil rationing in August
The Strait of Hormuz blockade, in place since March 2026, has cut off one‑fifth of global oil supply. According to Rapidan Energy Group, if the blockade lasts until…
Olivia Masskey
Carter
is a writer covering health, tech, lifestyle, and economic trends. She loves crafting engaging stories that inform and inspire readers.
