The Marked Chart Wire · Energy
Natural Gas
European gas costs reach nearly four-year peak
Costs for natural gas in Europe climbed to their highest level in almost four years. Several liquefied natural gas equities are now trading near buy points.
Learn the basics
New to this? Read: Reading a stock chart
More Energy news
HotIran
Crude climbs past $117 amid Saudi-Iran diplomatic push
Brent crude prices exceeded $117 per barrel. The Saudi defense minister is heading to Iran to negotiate a reduction in hostilities.
Energy Markets
IEA chief warns Energy markets may not recover by 2027
Fatih Birol, head of the International Energy Agency, stated that global energy markets might not return to prewar conditions within the next year.
Saudi Aramco
Saudi Aramco plans Singapore crude storage for 2027
Saudi Aramco intends to start storing crude oil in Singapore during the second half of 2027. The move aims to strengthen supply-chain resilience.
Energy
Honeywell launches AI tool at Dangote refinery
Honeywell debuted its Forge Plant Cognition software at the Dangote Lekki refinery. The company estimates the technology will save more than 29 cents per barrel, or over $60 million annually at full capacity.
Oil
Oil prices drop over 2 percent on demand concerns
Crude oil declined more than 2 percent as traders balanced the risk of additional strikes on Saudi infrastructure against fears that high prices would reduce consumption.
Egypt Gas
Chevron validates Egyptian offshore gas find
The company reported that the Nargis-2 test hole hit quality rock formations. This confirms the earlier success at the Nargis-1 site in Egyptian waters.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.