Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn Off Buyers
By Bernard Condon Original: Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling…
US Crude and Distillate Inventories Rise, Gasoline Stocks Fall, EIA Says
(Reuters) – U.S. crude oil and distillate inventories rose while gasoline inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 6.2 million barrels to…
Exclusive: Canada’s Trans Mountain Pipeline Lowers Forecasts for Amount of Oil it Ships
By Construction cost overruns boosted fees for shipping oil on line Regulators will hold hearing on whether higher costs are fair Potential US tariffs may still boost Trans-Mountain’s appeal CALGARY,…
US Natural Gas Prices Brace for Impact From Tariff Crossfire
Regardless of how and when the new tariffs kick in, the U.S. gas market stands to be impacted as exports of gas in the form of LNG look set to…
Huge AI Data Center Planned for Pennsylvania Coal Plant Site
The 3,200-acre (1,295-hectare) data center campus, located about 50 miles east of Pittsburgh, will be developed at the location of Homer City Generation, previously the state’s largest coal plant, Homer…
ConocoPhillips Eyes Sale of Oklahoma Assets Worth Over $1 Billion
(Reuters) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with…
Oil Edges Lower as Market Awaits Fresh US Tariffs
Summary • Concerns remain over how tariffs will be implemented• Some analysts warn of bearish impact on oil prices• Markets also await news on secondary tariffs on Russian oil April…
Democrats Push Vote on Tariffs Targeting Canada as Trump Calls for Republican Support
WASHINGTON — Democrats in the U.S. Senate are moving forward on a resolution to block sweeping tariffs targeting Canada as President Donald Trump presses Republican lawmakers to continue backing his…
US LNG Exports Soar in March on Ramp Up of Plaquemines Plant
(Reuters) – The U.S. exported a record amount of liquefied natural gas (LNG) in March, selling more than 9 million metric tons (MT) of the superchilled gas, according to preliminary…
Oil Markets Take Risky Bet on Trump’s Threats on Russia, Iran: Bousso
By Ron Bousso Trump threatens secondary tariffs on Russia, Iran oil exports Tariffs on Venezuela have been effective Market struggles to price in Trump’s threats (Reuters) LONDON, April 1 –…