energy

Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symbolic until a peace deal between the U.S. and Iran sticks and the Strait of Hormuz is fully reopened to shipping traffic.

To judge by the way many people discuss the energy transition, we’re engaged in a fight between green idealogues in government and academia on the one hand, and a more realistic private sector that recognizes the innate superiority of fossil fuels on the other.

Oil opened lower as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Traders were also focused on the Korean won’s first day of 24-hour trading.

To judge by the way many people discuss the energy transition, we’re engaged in a fight between green idealogues in government and academia on the one hand, and a more realistic private sector that recognizes the innate superiority of fossil fuels on the other.

BP weighs quitting offshore wind farm project in northern Japan

Prediction: Energy Transfer (ET) Will Crush the S&P 500 in the Second-Half of 2026.

BP weighs quitting offshore wind farm project in northern Japan

The Strait of Hormuz has reopened — why that might be a problem for the oil market: Chart of the Day

India withdraws gas curbs as Middle East LNG supply resumes Reuters

India withdraws gas curbs as Middle East LNG supply resumes Reuters