European Airlines Say Jet Fuel Supply Is Under Control for Summer
European airlines are becoming increasingly confident the continent would avoid a jet fuel shortage this summer as refiners maximize jet fuel output and buyers diversify imports to offset supply losses…
Venezuela Oil Officials Set to Make Rare Appearance at Houston Area Energy Conference
Venezuela’s Oil Minister Paula Henao reacts at Miraflores Palace in Caracas, Venezuela, March 13, 2026. REUTERS/Gaby Oraa Summary Venezuela’s new oil minister, Paula Henao, to meet US oil firms US…
Record Oil Draw From US Emergency Reserve Drives Total Volumes to Two-Year Low
Get the Latest US Focused Energy News Delivered to You! It’s FREE: HOUSTON (Reuters) – A record 9.9 million barrels of oil were shipped out from the U.S. Strategic Petroleum…
Opaque Oil Deals Around Hormuz Test the Petrodollar: Bousso
The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to…
New Fed Chair Faces Pressure as Oil Prices Fuel Inflation
The U.S. Federal Reserve is set to begin a new era after former governor Kevin Warsh won a highly polarized 54-45 Senate confirmation vote to replace Jerome Powell as the…
Australian Strike Could Worsen World’s Already Strained LNG Markets
An Australian trade union is threatening to start a strike at an LNG export facility from May 27, in a two-week-long industrial action that could further tighten the global LNG…
Russia Quietly Adds Four LNG Carriers to Its Arctic Dark Fleet
Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping…
China Burns More Coal and Gas as Wind and Nuclear Output Falls
China boosted its coal and gas power generation by 3.1% in April from a year earlier as wind and nuclear power output fell. Despite a 1% decline in domestic coal…
India’s Oil Refiners Slated To Ride Out Disruptions After Russian Waiver Ends
Indian oil refiners are structurally equipped to handle potential disruptions after the United States allowed its key sanctions waiver on Russian seaborne crude purchases to expire. Petroleum Minister Hardeep Singh…
EIA Sees Oil Deficit Widening in 2026
In its latest short term energy outlook (STEO), which was released on May 12, the U.S. Energy Information Administration (EIA) widened its global oil deficit projection for 2026. According to…
