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Updated August 3, 2026

WTI Crude

86.71/bbl
-0.12 (-0.14%)
3:20 PM CDT

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2.79/MMBtu
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3:18 PM CDT

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3:00 PM CDT

Steel (SLX)

107.20
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Updated August 3, 2026

Latest Headlines

Daily News Cast

Featured Story

Glencore Eyes Growth at North American Copper, Nickel Mines

Published

Industrial Info Resources is tracking more than $21 billion worth of active and proposed projects from Glencore worldwide, including more than $4.5 billion worth in the U.S. and Canada

By William Ploch, Assistant Editor-in-Chief

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Nuclear Among Plans to Meet Rising U.S. Northwest Power Demand

Published

Industrial Info Resources is tracking more than $67 billion worth of active and proposed power-generation projects in the region covered by the NWPCC

By William Ploch, Assistant Editor-in-Chief

ExxonMobil and Chevron Share, and Hint at, Benefits of Advanced Technologies

Published

As Corporate America continues to search for high-return use cases that justify rising investments in automation and advanced technologies such as artificial intelligence (AI), oil giants ExxonMobil and Chevron offer some clues about the benefits, and timelines, for technology payoffs.

By Brian Ford, Editor-in-Chief

Climate Change Tests Renewable Power's Resilience

Published

Industrial Info Resources is tracking how climate variability is reshaping renewable generation, including a 32% hydro shortfall in portions of Europe

By William Ploch, Assistant Editor-in-Chief

U.S. Taking in More than Half of Venezuela's Crude Oil Exports

Published

Venezuela is now No. 2 for oil imports to the U.S.

By Eric Funderburk, Promotions & Advertising Specialist

Week 8/10/26 - 8/17/26

3

MarCon*

IIR Weekly Market Scorecard

Read Full Analysis
The 60-day Middle East ceasefire is expiring with talks stalled and no peace on the horizon. Iran blatantly rejected U.S. ultimatums. Washington is now threatening Oman over Hormuz delays. Oil is rising--modestly--because no barrel has actually gone missing yet. The market is pricing the absence of an outage, not the absence of risk. Read the fine print instead: American emergency crude reserves are described as severely depleted, and the president is asking families to absorb higher pump prices. The inventory buffer is thinning while the choke point stays shut. Therein lies the story these markets are wrestling with...

In Ukraine, the war crossed a line into the civilian ledger--a cargo vessel struck at Izmail, a Danube grain corridor damaged, and Ukrainian strikes aimed at a retailer carrying three percent of Russian GDP. Commerce is now the battlefield, and farm-to- table is stressed yet further.

Meanwhile, equities shrugged, buoyed by AI earnings, while Beijing frets ahead of September's summit.

News by Industry

Featured Story

Nuclear Among Plans to Meet Rising U.S. Northwest Power Demand

Published

Industrial Info Resources is tracking more than $67 billion worth of active and proposed power-generation projects in the region covered by the NWPCC

By William Ploch, Assistant Editor-in-Chief

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NextEra to Develop Natural Gas-Powered Generation with Funding from Japan

Published

By Brian Ford, Editor-in-Chief

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Investments in U.S. Transformer Manufacturing Aim to Meet Surging Demand

Published

By Daniel Levin, Assistant Editor

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World's First Final Storage Facility for Nuclear Waste Advances

Published

By Martin Lynch, European News Editor

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India Approves $532 Million Scheme to Add 5 GW of Floating Solar Capacity

Published

By Brian Ford, Editor-in-Chief

Featured Story

Permian's Drilling Laterals Extend Longer and Longer

Published

Industrial Info Resources is tracking a dozen or so projects associated with Permian drilling, with a combined investment value of $1.8 billion

By William Ploch, Assistant Editor-in-Chief

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Lula respalda el descubrimiento de petróleo de Petrobras en el controversial bloque costa afuera de Foz do Amazonas

Published

By Brian Ford, Editor-in-Chief

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Lula Backs Petrobras' Oil Discovery in Mouth of Amazon Basin

Published

By William Ploch, Assistant Editor-in-Chief

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Lula Backs Petrobras' Oil Discovery in Mouth of Amazon Basin

Published

By William Ploch, Assistant Editor-in-Chief

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Lula Backs Petrobras' Oil Discovery in Mouth of Amazon Basin

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

Tropical Storm Lala Takes Aim at Hawaii

Published

Tropical Storm Lala could approach hurricane strength near the Big Island, bringing threats from flooding rainfall, damaging winds, dangerous surf and coastal flooding across Hawaii.

By Eric Funderburk, Promotions & Advertising Specialist

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European Heat Exposes Interlocking Risks for Energy, Industry

Published

By William Ploch, Assistant Editor-in-Chief

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Brazil's Government Pledges Credit Lines For Sectors Affected by U.S. Tariffs

Published

By Brian Ford, Editor-in-Chief

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Europe Dominates Global Hydrogen Pipeline Investment

Published

By Martin Lynch, European News Editor

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

Published

By Jennis Jacob, Content Editor

Featured Story

U.S. Taking in More than Half of Venezuela's Crude Oil Exports

Published

Venezuela is now No. 2 for oil imports to the U.S.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
Read the Article

Tropical Storm Lala Takes Aim at Hawaii

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

U.S. West Coast to Get Fuel Pipeline Support Amid Refinery Woes

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Terremoto de magnitud 7,4 deja más de 100 muertos en Colombia; principales refinerías y oleoductos continuaron operando

Published

By Brian Ford, Editor-in-Chief

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Earthquake Kills More Than 100 in Colombia; Key Refineries, Pipelines Operational

Published

By Brian Ford, Editor-in-Chief

Featured Story

Tropical Storm Lala Takes Aim at Hawaii

Published

Tropical Storm Lala could approach hurricane strength near the Big Island, bringing threats from flooding rainfall, damaging winds, dangerous surf and coastal flooding across Hawaii.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
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Industrial Wastewater Treatment Construction Abounds in U.S., Elsewhere

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Mexico to Curb Fertilizer Imports with Increased Domestic Production

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Brazil's Government Pledges Credit Lines For Sectors Affected by U.S. Tariffs

Published

By Brian Ford, Editor-in-Chief

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U.S. Blue Hydrogen, Similar Projects Face Wave of Setbacks

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

Glencore Eyes Growth at North American Copper, Nickel Mines

Published

Industrial Info Resources is tracking more than $21 billion worth of active and proposed projects from Glencore worldwide, including more than $4.5 billion worth in the U.S. and Canada

By William Ploch, Assistant Editor-in-Chief

Read the Article
Read the Article

Chile's Copper Growth Hinges on Faster Permitting, More Incentives

Published

By Daniel Levin, Assistant Editor

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El camino de Chile hacia los 6 millones de toneladas de cobre depende de la tramitación de permisos más ágil, mayores incentivos y el aprovechamiento de nuevas oportunidades

Published

By Brian Ford, Editor-in-Chief

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Chile's Cochilco Raises 2026 Copper Price Forecast

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Cochilco eleva su proyección del precio del cobre para 2026 a US$5,95/lb y prevé una caída de la producción chilena este año

Published

By Brian Ford, Editor-in-Chief

Featured Story

August Wildfire Outlook Expands Risk Across U.S. Energy Regions

Published

Wildfire risk expands across major U.S. energy regions as heat and dryness increase concerns from ERCOT and the southern Plains to the Pacific Northwest.

By Brian Ford, Editor-in-Chief

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Super Typhoon Bavi Remains Powerful Threat to Eastern China

Published

By William Ploch, Assistant 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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Active U.S. Pulp & Paper Project Construction Adds Up to $7.3 Billion

Published

By Eric Funderburk, Promotions & Advertising Specialist

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

Published

By Brian Ford, Editor-in-Chief

Featured Story

U.S. Food & Beverage Plant Expansions Add Up to Billions in Spending

Published

Expansion construction at U.S. Food & Beverage plants is bringing more than $30 billion in investment.

By Eric Funderburk, Promotions & Advertising Specialist

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August Wildfire Outlook Expands Risk Across U.S. Energy Regions

Published

By Brian Ford, Editor-in-Chief

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CSU, NOAA Reinforce Forecast for Quiet Atlantic Hurricane Season

Published

By Daniel Levin, Assistant Editor

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Grassroot Construction Dominates U.S. Food & Beverage Project Activity

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Industrial Wastewater Treatment Construction Abounds in U.S., Elsewhere

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Evergy Sees Opportunities in Midwest's Data Center Buildout

Published

Industrial Info Resources is tracking more than $5.3 billion worth of active and proposed projects from Evergy, covering Kansas, Missouri and Oklahoma

By William Ploch, Assistant Editor-in-Chief

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WSP Broadens Role in U.S. Power, Data Center Development

Published

By William Ploch, Assistant Editor-in-Chief

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Investments in U.S. Transformer Manufacturing Aim to Meet Surging Demand

Published

By Daniel Levin, Assistant Editor

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Stantec Bets on U.S., Canadian Data Centers as Backlog Booms

Published

By William Ploch, Assistant Editor-in-Chief

Read the Article

Tropical Storm Lala Takes Aim at Hawaii

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Tropical Storm Lala Takes Aim at Hawaii

Published

Tropical Storm Lala could approach hurricane strength near the Big Island, bringing threats from flooding rainfall, damaging winds, dangerous surf and coastal flooding across Hawaii.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
Read the Article

U.S. Generic Drugs, Biosimilars Construction Queues Up as Trump Plans for Generics Tariffs

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

Brazil's Government Pledges Credit Lines For Sectors Affected by U.S. Tariffs

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

Read the Article

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

Published

By Brian Ford, Editor-in-Chief

Industry Shorts


News by Geography

Middle East News

Top Story

Middle East Fighting Escalates with Refiners in the Crosshairs

Published

Idled in a July strike, the Jazan refinery complex in Saudi Arabia was targeted again during the weekend. While moving in fits and starts, the conflict continues to upend the global energy sector.

By Brian Ford, Editor-in-Chief

Read the Article

North America

U.S. Refineries Can do More, Energy Secretary Says

Published

With imports of heavier slates of crude oil sparse because of ongoing fighting in the Middle East, the U.S. energy secretary said he was pressing domestic refiners to do more.

By Daniel Levin, Assistant Editor


Latin America


Europe

Europe Unveils US$35 Billion AI Gigafactory Plan

Published

The European Union (EU) has unveiled its plan to generate 30 billion euro (US$34.7 billion) in state and private funding to create seven artificial intelligence (AI) gigafactories in Europe.

By Martin Lynch, European News Editor



Africa


Asia


Oceania

Australia's Green Bank Tops US$75 Billion in Investment

Published

With a record year of investment in green energy, Australia's "green bank", the Clean Energy Finance Corporation (CEFC), is celebrating driving more than AUD$105 billion (US$75 billion) in total project investment since its inception in August 2012.

By Martin Lynch, European News Editor



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