Latest from Australia's industrial and energy sectors
Brent is sitting a touch above $104 this morning, down slightly from yesterday's surge. The Strait of Hormuz, which used to move something like a …
Read Full ArticleThe White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel …
Read Full ArticleThe United States is trying to build up its energy storage capacities at a rapid scale. At the same time, it is trying to wean …
Read Full ArticleThe Bank of England is expected to hike interest rates as many as four times within the next year, City figures have said, after the …
Read Full ArticleThe total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes …
Read Full ArticleSaudi Arabia’s critical East-West oil pipeline system was struck on Thursday, with multiple pumping stations hit in an attack that could threaten one of the …
Read Full ArticleHouthi strikes threaten Saudi oil exports as Brent hits $105 and Middle Eastern crude soars to $120. Friday, September 11, 2026 Houthi strikes on Saudi …
Read Full ArticleSupertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With US forces having destroyed five …
Read Full ArticleThe IEA just took another 1.4 million barrels per day out of its 2026 global oil supply outlook, and it no longer expects normal Gulf …
Read Full ArticleThe United Arab Emirates (UAE) is considering significant changes to its plans to build a massive 5-gigawatt AI data center in Abu Dhabi in partnership …
Read Full ArticleClaims have been circulating on social media that the United States has only about two weeks of oil left. The calculation appears to compare the …
Read Full ArticleThe large businesses in the UK have urged the government to remove taxes on electricity bills for business to make Britain more competitive and energy …
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