Author: Nora Bennett
Nora Bennett
The transition away from fossil fuels doesn't happen in a straight line, and Nora has made a career out of covering its detours — from grid failures to LNG export terminals to the economics of nuclear revival. She grew up in rural Texas oil country, which she says gave her an early, unglamorous education in how energy markets actually work. A geology minor in college still shows up in her sourcing. When she's not on deadline, she's usually hiking somewhere with terrible cell reception.
SCOTLAND [BE Report]: Oil prices climbed sharply on Thursday, with Brent crude rising above $105 a barrel as escalating attacks on tankers in the Middle East heightened concerns over potential disruptions to global supplies. Brent futures gained $4.05, or 4%, to reach $105.26 a barrel by 1215 GMT. U.S. West Texas Intermediate crude also moved above $100 for the first time since May, advancing $3.99, or 4.15%, to $100.04. Brent has now risen more than 30% from its early-August lows as hopes for a lasting U.S.-Iran ceasefire have faded and hostilities have resumed. Shipping risks have increased across key regional…
Oil prices remained close to six-week highs on Monday as escalating attacks involving the United States and Iran intensified concerns over crude supplies moving through the Middle East, pushing Brent closer to the $100-a-barrel mark. Brent crude rose 89 cents, or 0.92%, to $97.17 a barrel by 1333 GMT after earlier reaching $97.93, its highest level since July 24. U.S. West Texas Intermediate crude gained 79 cents to $92.27 a barrel, also trading near a recent six-week peak. The latest advance follows a sharp rally last week, when Brent climbed about 8% and WTI gained nearly 10% amid renewed military…
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