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As of 7/17/2026 3:11 PM CT Updated July 13, 2026

WTI Crude

81.43/bbl
+2.48 (+3.14%)

Henry Hub

2.92/MMBtu
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100.22
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As of 7/17/2026 3:11 PM CT Updated July 13, 2026

Latest Headlines

Daily News Cast

Featured Story

U.S. Crude Oil Inventories Reduced as Middle East War Resumes

Published

Inventories are being reduced and legacy exporters in the Middle East are unable to deliver as tensions escalate in the Persian Gulf region.

By Brian Ford, Editor-in-Chief

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Billionaire Targets U.K. For $47 Billion Mini Nuclear Power Fleet

Published

A consortium of private investors led by a Polish billionaire has revealed plans to invest £35 billion (US$47 billion) in rolling out a fleet of small modular reactors (SMRs) across the U.K..

By Martin Lynch, European News Editor

Critical Mineral Gallium Sees Increased Project Activity

Published

Alcoa will proceed with construction of a gallium refinery at its Wagerup Alumina Refinery in Western Australia.

By Eric Funderburk, Promotions & Advertising Specialist

Twenty-two Utility Scale North America Power Plant Projects Target July Construction Kickoff

Published

This July could see 22 utility-scale power plant projects totaling 4,505 MW and valued at approximately $5.83 billion kick off in North America.

By Jesse Broehl, News Editor

Desalination Projects Bring US$9.6 Billion in Current Global Construction

Published

Industrial Info Resources is tracking around US$9.6 billion worth of desalination construction presently underway, including roughly US$7.1 billion for the Food & Beverage Industry and US$2.5 billion for other industrial sectors.

By Eric Funderburk, Promotions & Advertising Specialist

Week 7/6/26 - 7/13/26

4

MarCon*

IIR Weekly Market Scorecard

Read Full Analysis
The recent Middle East ceasefire has collapsed, and the market is relearning what a real chokepoint costs the global economy.. Tehran struck Oman and again declared Hormuz closed; Iranian forces also hit U.S. bases in Kuwait and Bahrain; and Mr. Oil Market has gained over 3%. Turning to the war in Eastern Europe, Kyiv crippled fifteen Russian vessels--seven of them tankers--forcing a Kremlin diesel export ban that turns economic warfare into a global timeline-setter. The IMF now names two forces shaping 2026: the on-again/off-again Middle East war, and data centers.

Have you paused to consider what might lie beneath the noise of war in these energy commodity markets? Stateside, the Hub has collapsed 8% on bloated storage, retreating heat, and an intensifying El Niño--supply drowning demand even as crude spikes on inventory scarcity and increasing geopolitical premiums. Meanwhile, countries such as India--which imports 85% of its fuel--watches inflation climb to 4.38%.

Although big banks are expected to report big earnings, in part because of the AI boom, there is a quiet tell this boom might turn into a bust: firms are rehiring the humans that AI couldn't replace. If such a bust were to occur with the global economy already strained to its breaking point by two wars along with U.S.-China tensions, how likely is it the world would tip into a recession?

News by Industry

Featured Story

Report: Data Centers Create About US$6.3 Billion in Electric Costs for PJM Customers

Published

Wholesale power costs in the PJM market are poised to continue surging given the results of that grid manager's electric capacity auction. PJM said it would pay electricity generators about $16.4 billion in capacity payments over a 12-month period starting June 1, 2028.

By Brian Ford, Editor-in-Chief

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Twenty-two Utility Scale North America Power Plant Projects Target July Construction Kickoff

Published

By Jesse Broehl, News Editor

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Corrected: EIA Triples U.S. Projected Natural Gas-Fired Power Generation Growth Through 2030

Published

By Brian Ford, Editor-in-Chief

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U.S. Domestic Uranium Mining Grows to Supply Energy Security and the SMR Future

Published

By Brian Ford, Editor-in-Chief

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New York Continues Solar Buildout with $13 Billion in Projects

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

U.S. Crude Oil Inventories Reduced as Middle East War Resumes

Published

Inventories are being reduced and legacy exporters in the Middle East are unable to deliver as tensions escalate in the Persian Gulf region.

By Brian Ford, Editor-in-Chief

Read the Article
  • U.S. Shows Strong Interest in Iraqi Oil

    Published

    Seeking to bolster regional influence through capital means, U.S. President Donald Trump suggested U.S. energy companies were heavily active in Iraq. While interest is burgeoning, it is Iraqi state-run firms that are currently doing most of the work..

    By Brian Ford, Editor-in-Chief

  • See More Oil & Gas News
Read the Article

U.S. Shows Strong Interest in Iraqi Oil

Published

By Brian Ford, Editor-in-Chief

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Glenfarne Advancing on U.S. LNG Developments in Texas, Alaska

Published

By Brian Ford, Editor-in-Chief

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Expansions to Lift U.S. LNG Potential

Published

By Daniel Levin, Assistant Editor

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Expansions to Lift U.S. LNG Potential

Published

By Daniel Levin, Assistant Editor

Featured Story

Is China's Coal Gasification Industry Poised for a Comeback?

Published

Beyond power generation, China has been leveraging its domestic coal to produce fuels and chemicals, reducing its reliance on imported oil and gas.

By Jennis Jacob, Content Editor

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  • Louisiana's Growing CCUS Market Complements RD/SAF Role

    Published

    Industrial Info Resources is tracking 3.2 billion gallons per year of active or proposed RD/SAF capacity in Louisiana, with California a distant second.

    By William Ploch, Assistant Editor-in-Chief

  • Super Typhoon Bavi Remains Powerful Threat to Eastern China

    Published

    Super Typhoon Bavi is forecast to to track near the southern Ryukyu Islands before making landfall along eastern China, threatening critical industrial infrastructure, ports, marine operations and regional transportation across East Asia..

    By William Ploch, Assistant Editor-in-Chief

  • RNG, Ethanol Demand Drives U.S. Alternative Fuel Fortunes

    Published

    Industrial Info Resources is tracking $1.3 billion of projects in the U.S. Alternative Fuel Industry set to begin construction in the third quarter, about 75% of which is attributed to grassroot developments.

    By William Ploch, Assistant Editor-in-Chief

  • See More Alternative Fuel News
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Report: U.S. Goes its Own Way on Energy in 2025

Published

By William Ploch, Assistant Editor-in-Chief

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EIA: Some RIN Prices Double in 2026 with Higher Blending Requirements

Published

By Brian Ford, Editor-in-Chief

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U.S. Seeks New Section 301 Tariffs in Forced Labor Flap

Published

By William Ploch, Assistant Editor-in-Chief

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Brasil Podría Elevar Próximamente la Mezcla Obligatoria de Etanol en la Gasolina de 30% a 32%

Published

By Brian Ford, Editor-in-Chief

Featured Story

Industrial Info Resources Data Shows Nigeria Leads in Grassroot Refinery Projects

Published

Industrial Info Resources is tracking US$10.74 billion in Nigerian grassroot refinery capital spending with expected completion in 2026-2030.

By Daniel Levin, Assistant Editor

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  • Middle East Conflict Impacts Global Refining

    Published

    Refiners have had mixed reactions to supply and demand shifts due to the Middle East conflict, with some increasing runs--particularly distillates--while others struggle to source crude supply and have seen a few sustained direct damages..

    By Daniel Levin, Assistant Editor

  • Super Typhoon Bavi Remains Powerful Threat to Eastern China

    Published

    Super Typhoon Bavi is forecast to to track near the southern Ryukyu Islands before making landfall along eastern China, threatening critical industrial infrastructure, ports, marine operations and regional transportation across East Asia..

    By William Ploch, Assistant Editor-in-Chief

  • See More Refining News
Read the Article

Supply-Side Buffers are Scarce as War Ramps Up

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Iran Tensons Flare-Up, But Crude Moves Lower

Published

By Eric Funderburk, Promotions & Advertising Specialist

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EIA: Some RIN Prices Double in 2026 with Higher Blending Requirements

Published

By Brian Ford, Editor-in-Chief

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Peace Prospects Drive Down Oil Prices, U.S. Refinery Issues Linger

Published

By Brian Ford, Editor-in-Chief

Featured Story

Plug Power to Sell Another U.S. Green Hydrogen Project Site to Stream Data Centers

Published

Plug Power has agreed to sell another site where it had planned to build a U.S. green hydrogen project to Stream Data Centers.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
  • Oman Awards Middle East's Largest Pumped Storage Hydro Project

    Published

    Oman has taken another major step in its renewable energy transition by awarding the country's first-ever 2-gigawatt (GW) pumped storage hydro (PSH) project, the largest of its kind in the Middle East, along with the 500-megawatt (MW) Al Kamil Solar PV Independent Power Producer (IPP) project to EDF Power Solutions and its partners..

    By Brian Ford, Editor-in-Chief

  • Super Typhoon Bavi Remains Powerful Threat to Eastern China

    Published

    Super Typhoon Bavi is forecast to to track near the southern Ryukyu Islands before making landfall along eastern China, threatening critical industrial infrastructure, ports, marine operations and regional transportation across East Asia..

    By William Ploch, Assistant Editor-in-Chief

  • See More Chemical Processing News
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Spain Backs Green Hydrogen Expansion at Castellon Refinery

Published

By Martin Lynch, European News Editor

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Europe's Declining Carbon Capture Sector

Published

By Martin Lynch, European News Editor

Read the Article

U.S. Seeks New Section 301 Tariffs in Forced Labor Flap

Published

By William Ploch, Assistant Editor-in-Chief

Read the Article

Urenco Announces New U.S. Uranium Processing Expansion

Published

By Brian Ford, Editor-in-Chief

Featured Story

Critical Mineral Gallium Sees Increased Project Activity

Published

Alcoa will proceed with construction of a gallium refinery at its Wagerup Alumina Refinery in Western Australia.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
Read the Article

U.S. Army Announces Base Lease Agreements with Critical Minerals Miners

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Europe's Steel Quotas Come into Force

Published

By Martin Lynch, European News Editor

Read the Article

Ioneer Looks to Korea for Help with Ryholite Ridge Mine

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Green Steel Mill Planned for Australia's 'Steel City'

Published

By Martin Lynch, European News Editor

Featured Story

Super Typhoon Bavi Remains Powerful Threat to Eastern China

Published

Super Typhoon Bavi is forecast to to track near the southern Ryukyu Islands before making landfall along eastern China, threatening critical industrial infrastructure, ports, marine operations and regional transportation across East Asia.

By William Ploch, Assistant Editor-in-Chief

Read the Article
  • Atlantic Hurricane Season Begins, El Niño Expected to Limit Tropical Activity

    Published

    The 2026 Atlantic hurricane season begins with NOAA and Industrial Info Resources forecasting near- to below-normal activity. While El Niño is expected to suppress storm development, warm Atlantic waters would support tropical cyclone formation and rapid intensification. For energy and industrial operators, risk remains elevated due to the 25 refineries, 14 LNG facilities, along with petrochemical assets, and power infrastructure along the Gulf and Atlantic coasts..

    By Brian Ford, Editor-in-Chief

  • See More Pulp, Paper & Wood News
Read the Article

Industrial Info's Labor Analytics Tools Guide U.S. Developers

Published

By William Ploch, Assistant Editor-in-Chief

Read the Article

Canada to Launch Sovereign Wealth Fund for Projects, Companies

Published

By Brian Ford, Editor-in-Chief

Read the Article

Early U.S. Forecasts Signal Near-Normal Atlantic Hurricane Season

Published

By Brian Ford, Editor-in-Chief

Read the Article

Trade Court Rules Importers are Due U.S. Tariff Refunds, With Interest

Published

By Brian Ford, Editor-in-Chief

Featured Story

Desalination Projects Bring US$9.6 Billion in Current Global Construction

Published

Industrial Info Resources is tracking around US$9.6 billion worth of desalination construction presently underway, including roughly US$7.1 billion for the Food & Beverage Industry and US$2.5 billion for other industrial sectors.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
Read the Article

Commercial Food-Focused Greenhouse Construction Abounds in U.S.

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Active U.S. Meat & Poultry Construction Adds Up to $2.5 Billion

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

U.S. Brewery Construction Brings Large & Small Projects

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

How Sweet It Is -- U.S. Confectionery Companies Plan More than $1.6 Billion in Construction Investments

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Report: Data Centers Create About US$6.3 Billion in Electric Costs for PJM Customers

Published

Wholesale power costs in the PJM market are poised to continue surging given the results of that grid manager's electric capacity auction. PJM said it would pay electricity generators about $16.4 billion in capacity payments over a 12-month period starting June 1, 2028.

By Brian Ford, Editor-in-Chief

Read the Article
Read the Article

Meta Platforms Adds its First Canadian Data Center to Active Projects

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Toyota: $3.6 Billion to Shift Some Automotive Production to U.S. from Mexico

Published

By Daniel Levin, Assistant Editor

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IMF: Middle East Conflict, Data Centers Will Shape Economic Growth in 2026

Published

By Brian Ford, Editor-in-Chief

Read the Article

Super Typhoon Bavi Remains Powerful Threat to Eastern China

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

Super Typhoon Bavi Remains Powerful Threat to Eastern China

Published

Super Typhoon Bavi is forecast to to track near the southern Ryukyu Islands before making landfall along eastern China, threatening critical industrial infrastructure, ports, marine operations and regional transportation across East Asia.

By William Ploch, Assistant Editor-in-Chief

Read the Article
Read the Article

Atlantic Hurricane Season Begins, El Niño Expected to Limit Tropical Activity

Published

By Brian Ford, Editor-in-Chief

Read the Article

Indiana, North Carolina Highlight Billions in U.S. Pharmaceutical-Biotech Investment

Published

By Daniel Levin, Assistant Editor

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Research Labs Spring Up Across U.S.

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Industrial Info's Labor Analytics Tools Guide U.S. Developers

Published

By William Ploch, Assistant Editor-in-Chief

Industry Shorts


News by Geography

Middle East News

Top Story

U.S. Shows Strong Interest in Iraqi Oil

Published

Seeking to bolster regional influence through capital means, U.S. President Donald Trump suggested U.S. energy companies were heavily active in Iraq. While interest is burgeoning, it is Iraqi state-run firms that are currently doing most of the work.

By Brian Ford, Editor-in-Chief

Read the Article

North America


Latin America

Suriname Eyes Bigger Role in Global Oil & Gas Industry

Published

Petronas has recorded eight successful wells since it kicked off its exploration efforts in Suriname, and the company currently holds interests in eight offshore blocks

By William Ploch, Assistant Editor-in-Chief


Europe

Europe's Steel Quotas Come into Force

Published

Heavily reduced steel import rules in Europe have come into effect in an attempt by the European Union (EU) to protect its struggling steel industry from cheap Chinese imports and a global steel surplus.

By Martin Lynch, European News Editor



Africa

Kenya Raises Renewable Energy Target to 5,500 MW for 2034

Published

Kenya Electricity Generating Company (KenGen) has significantly expanded its long-term clean energy strategy, increasing its development pipeline to 5,500 MW by 2034.

By Yogesh Kumar, Lead Researcher-Power


Asia


Oceania



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