Oil Prices Hover Around Four-Month High, Buoyed by Weak dollar and US Storm
Summary Winter storm disrupts US crude output and exports OPEC+ likely to maintain pause on output increases, sources say US dollar near four-year lows (Reuters) – Oil prices hit their…
Trump Triggers Flight From US Dollar
The dollar was on the ropes near multi-year lows on Wednesday after investors sold it aggressively when U.S. President Donald Trump seemed to shrug off its recent decline, while Wall…
US Gulf Coast Oil, LNG Exports Hit Zero on Sunday Due to Freeze, Vortexa Says
(Reuters) – Exports of crude oil and liquefied natural gas from U.S. Gulf Coast ports tumbled to zero on Sunday before rebounding on Monday, after a massive winter storm swept…
Mexico’s Sheinbaum Does Not Deny Halting Oil Shipment to Cuba
(Reuters) – Mexican President Claudia Sheinbaum, pressed on Tuesday whether Mexico had halted oil shipments to Cuba amid pressure from Washington, said shipment decisions were sovereign in nature and not…
Chevron Seeks Better Terms From Iraq Before Taking Over Lukoil Oilfield, Sources Say
By Dmitry Zhdannikov and Aref Mohammed Chevron seeks improved terms for West Qurna 2 oilfield, sources say Iraq nationalized operatorship of oilfield after U.S. sanctions on Lukoil Iraq has improved…
U.S. to Issue General License Soon Lifting Some Sanctions on Venezuelan Oil Industry, Sources Say
(Reuters) – U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela’s energy sector, three sources familiar with the preparation said on Tuesday,…
US Intelligence Raises Doubts About Venezuela Leader’s Cooperation
U.S. officials have said publicly they want the interim president to sever relations with close international allies like Iran, China and Russia, including expelling their diplomats and advisers from Venezuela.…
US Northeast Spot Natgas and Power Prices Hit Record Highs as Arctic Blast Boosts Heating Demand, Freezes Gas Wells
(Reuters) – U.S. spot natural gas and power prices soared to record highs in the northeastern part of the country as homes and businesses cranked up their heaters to escape…
Power Plant Outages Leave Largest US Regional Grid With Thin Operating Margin
(Reuters) – The largest U.S. regional electric grid on Tuesday reported nearly 18 gigawatts of power plant outages, leaving a region of 67 million people with a thin buffer of…
America’s Hatred of ‘Loser’ Wind Farms Is Contagious
By Donald Trump’s hatred of wind power continues. In a speech in Davos last week that managed to upset almost everyone, the US president still found time to get in…
