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Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness
Tehran has vowed to respond to a suspected Israeli air strike on its consular building in Damascus
Move comes as White House tries to mobilise progressive voters ahead of November election
Paris-based group trims forecasts, in sharp divergence with producers’ cartel Opec
The 59-year-old Australian has diversified the commodities house but has had to deal with a legacy of misconduct
The $40mn pay packet for Darren Woods comes amid debate in London about transatlantic valuation gap
The move towards the critical $4 per gallon threshold comes at a delicate moment for the US president
Executives at Vitol, Trafigura and Mercuria say banks and export credit agencies have never been so keen to lend to them
Ex-oil minister Tareck El Aissami among those accused of engaging in ‘economic conspiracy’
Plus, TikTok staff are hit with a big tax bill and European IPOs make a comeback (no thanks to the UK)
CEOs of Trafigura, Vitol and Gunvor say they have learned lessons from the 2010s scandals
Ben van Beurden says US-listed companies benefit from deeper pool of capital and higher valuations
The message so far is that we are living in unique times
Historically, very high storage levels have offered a contrarian buy signal
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
Energy dependency turns out not to have been as effective a weapon as Putin thought
Also in today’s newsletter, new data on EU carbon emissions
Energy trader’s earnings mean another year of large payouts for senior partners
Pennsylvania’s governor says LNG pause is ‘critically important’ to 2024 swing state
Wall Street recovers following a global sell-off that came as oil spiked above $90 a barrel
Also in today’s newsletter, a new report takes aim at the ECB’s ‘carbon bias’
S&P 500 closes down 1.2% in worst finish since mid-February and investors rush into Treasuries
Modelling the future of energy trends can be a nightmare, but a new report seeks to parse major outlooks
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
Pitched as a carbon-neutral alternative, the fuel could delay the rollout of more efficient energy sources
International Edition