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Crisis in the Global Oil Market: As Inventories Melt Away, Diesel Suffers the Most
According to the International Energy Agency's September 2026 report, production losses in the Middle East and Brent crude surpassing $113 have caused a major squeeze in the markets, while global inventories have dropped by 507 million barrels.
Energy
News
Oil prices above $100 for the first time since mid-May
As a result of escalating supply concerns and conflicts in the Middle East, oil prices are heading toward closing the week above $100 for the first time since mid-May, while diesel prices in the US have also broken records.
World
Energy
News
Economy
September 9, 2026 Global Economic Agenda: Energy, Technology, and Policy Developments
On September 9, 2026, global markets were marked by Brent crude oil exceeding $100, US accusations against Chinese AI companies, and strategic moves by tech giants.
Current Affairs
Energy
News
Artificial Intelligence
Economy
Technology
Natural gas storage occupancy in Germany at lowest level in last 15 years
The drop in gas storage levels to 53 percent in Germany has reignited debates on supply security, while disagreements persist between the government and industry representatives regarding winter preparations.
World
Energy
News
Economy
