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PetrolOilPrice.com

Middle East War Throws LNG’s Growth Story Into Doubt

The Middle East war has caused what may well be an unprecedented degree of disruption in global energy flows. While crude oil gets a lot of the attention—and with good reason—the situation in liquefied gas is arguably worse and deserving of more attention. The war, some believe, could reshape the lo

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PetrolOilPrice.com

Big Tech Turns to Fuel Cells to Power the AI Boom

Tech giants are tapping fuel cell developers and providers to power data and AI computing centers with technology that is cleaner and faster to implement than a conventional gas-powered electricity source. Fuel cells generate electricity by directly converting chemical energy into electrical energy

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PetrolDünya Gazetesi

17 milyon hane, yerli doğal gazı kullanacak

Enerji ve Tabii Kaynaklar Bakanı Alparslan Bayraktar, Türkiye’nin enerji arz güvenliğini güçlendirmeye yönelik yeni dönem stratejisinin merkezinde yerli üretim, uluslararası enerji ortaklıkları ve enerji ticaretinde bölgesel merkez olma hedefinin bulunduğunu söyledi.

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17 milyon hane, yerli doğal gazı kullanacak
PetrolOilPrice.com

Venezuela’s Oil Production Grows at a Crucial Time Despite Challenges

Venezuela’s oil production is growing at a crucial time, with conflict in the Middle East disrupting traffic in the Strait of Hormuz, thereby crimping global petroleum supply. Since the U.S. captured President Nicolas Maduro in a daring night raid in early January 2026, Venezuela’s petroleum output

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PetrolFXStreet Haberler

WTI holds near three-week low as traders await Hormuz agreement

West Texas Intermediate (WTI) Crude Oil remains under pressure on Wednesday but struggles to attract fresh selling as traders await confirmation that commercial shipping through the Strait of Hormuz will resume. At the time of writing, WTI trades around $74 per barrel, hovering near three-week lows.

WTICRUDE
WTI holds near three-week low as traders await Hormuz agreement
PetrolOilPrice.com

Hormuz Draft Agreement Reportedly Awaits Khamenei Approval

Oil markets are awaiting a decision from Iran’s supreme leader after Iranian and Omani negotiators reportedly completed a draft agreement that could reopen the Strait of Hormuz, the main export route for Persian Gulf oil and LNG. Two regional officials briefed on the talks told the Associated Press

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PetrolOilPrice.com

US Oil Product Inventories Continue to Fall

Crude oil inventories in the United States saw an increase of 2.5 million barrels during the week ending July 31, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 407 million barrels, according to governme

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PetrolOilPrice.com

Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades

Several Indian refiners have recently bought crude from Oman and West Africa via tenders, trade sources told Reuters on Wednesday, as term supplies from the Middle East remain choked by the shipping constraints at the Strait of Hormuz and Bab el-Mandeb. State-controlled Mangalore Refinery and Petroc

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PetrolInvesting.com Emtialar
PetrolOilPrice.com

Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years

An old Iraq-to-Syria oil pipeline that bypasses the Strait of Hormuz could be up and running within three years, a senior Syrian official has said. The Hormuz crisis that cut off most of Iraq’s crude oil exports has accelerated plans by Iraq and Syria to rebuild a damaged oil pipeline to ship crude

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PetrolFXStreet Haberler

Oil: Geopolitics test supply routes – BNY

BNY’s Geoff Yu reports Oil prices rose after the Houthis claimed a missile strike on a Saudi tanker near Yanbu, highlighting risks to alternative export routes while Strait of Hormuz disruptions persist.

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Oil: Geopolitics test supply routes – BNY
PetrolFXStreet Haberler

Canadian Dollar firms as Oil rebounds, USD softens on weaker ADP data

USD/CAD trades around 1.4040 on Wednesday at the time of writing, down 0.14% on the day, as the Canadian Dollar (CAD) benefits from a rebound in Oil prices.

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Canadian Dollar firms as Oil rebounds, USD softens on weaker ADP data
PetrolFXStreet Haberler

Brent: Price slips on Hormuz deal hopes – Rabobank

Rabobank’s Global Daily notes Brent futures fell to around $79 as reports suggested the US, Iran and Oman are close to a temporary deal to reopen the Strait of Hormuz.

BRENT
Brent: Price slips on Hormuz deal hopes – Rabobank
PetrolFXStreet Haberler

WTI recovers part of its losses, caught between technical rebound, diplomatic optimism

West Texas Intermediate (WTI) trades around $75.50 on Wednesday at the time of writing, up 1.56% on the day, as investors take advantage of a technical rebound following the more than 5% decline recorded in the previous day.

WTI
WTI recovers part of its losses, caught between technical rebound, diplomatic optimism
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