India Refiners to Buy More US LPG in 2026, Cut Middle East Imports, Sources Say
By India buys 90% of its LPG imports from the Middle East Indian refiners informed Middle East suppliers of a likely cut India wants to boost energy imports from the…
Cost-Cutting vs Status Quo: Bidders Envision Starkly Different Futures for Citgo, Sources Say
By and Hearing next week to help judge decide the auction’s winner If bid confirmed, Amber would advance streamlining plan Dalinar, still fighting for a shot, would take advantage of…
Bessent Says US Expects Japan to Stop Buying Russian Energy
Bessent and Kato met on the sidelines of the annual International Monetary Fund meeting, and the G7 and G20 finance leaders’ gatherings held this week in Washington. Get the Latest…
OIL GLUT CONFUSUION: Where are the Oil Barrels? IEA Gap Deepens Confusion Over Looming Glut
Ron Bousso Summary International Energy Agency expects heavy oversupply in oil market Agency however reports 1.5 million bpd of ‘unaccounted’ oil in August IEA bearish outlook clashes with OPEC forecasts…
Trump Says Modi Has Assured Him India Will Not Buy Russian Oil
U.S. President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump said he would next try to get…
US Judge Dismisses Youth Activists’ Lawsuit Challenging Trump’s Energy Policies
By Oct 15 (Reuters) – A federal judge in Montana on Wednesday threw out a lawsuit by youth activists seeking to block U.S. President Donald Trump’s pro-fossil fuel energy policies,…
EIA Expects Heating US Homes by Electricity to Cost More This Winter Than Last Year
NEW YORK, Oct 15 (Reuters) – U.S. households heated mainly by electricity will spend about 4% more this year to stay warm over the winter due to higher power price…
Russia Pushes Back Against Trump Warning that the Russian Economy is Near Collapse
One of President Vladimir Putin’s top economic officials on Wednesday pushed back at U.S. President Donald Trump’s warning that the Russian economy was going to collapse amid lines for gasoline…
Improved Drilling to Boost Gulf of Mexico Offshore Oil Output as US Onshore Growth slows
Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and…
California Judge Blocks Efforts to Restart Santa Ynez Oil Pipeline
The company in May restarted production from one of the three offshore platforms in that project, nearly a decade after it was shut due to an oil spill under previous…
