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08/04/2026
The FedEx freight department is expected to reach $8.7 billion in revenue in fiscal year 2026.
Latest
3 m ago
Austrian Chancellor: Our country has sufficient strategic reserves of natural gas and oil.
5 m ago
Energy consultancy company Rystad Energy analyst Janif Shah said in a report that the two-week ceasefire agreement reached between the US and Iran has eliminated the fear premium of oil prices but has not completely eliminated the risk premium. He pointed out that the reopening of the Strait of Hormuz will be slow and complex, and the tight physical market conditions are unlikely to be relieved quickly. Although the futures market immediately repriced the news, near-month physical differentials may remain strong, with high oil tanker freight rates and buyers of high-sulfur crude continuing to pay a premium for the security of limited global supply away from the Gulf region. Nevertheless, as futures prices have fallen significantly, the agency has lowered its forecast for the average price of Brent crude in 2026 from $97 per barrel to $87.
5 m ago
Local time on the 8th, it was learned from the Iranian side that the passage of oil tankers through the Strait of Hormuz has been blocked after Israel launched attacks on Lebanon. It is reported that two oil tankers safely passed through the Strait of Hormuz in the morning after a ceasefire agreement was reached and they obtained permission from Iran. (CCTV News)
6 m ago
Russian "Energy" Rocket and Space Group: The Russian Orbital Station will be fully operational in 2034.
7 m ago
Alfred Stern, CEO of Austria's oil and gas group, said: The impact of the Iran conflict will continue to be evident in the coming months.
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