Oil Little Changed as Investors Weigh Gaza Ceasefire, Stalled Ukraine Talks
Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices LONDON, Oct…
Orsted Axes Quarter of Jobs, Pivots to Europe After US Setbacks Under Trump
Summary Orsted plans to cut 2,000 jobs by 2027 Danish company to focus more on offshore wind and Europe Reuters) – Orsted, the world’s biggest offshore wind farm developer, will…
COMMENTARY: Texas Wind Speeds in Focus As Rare Fossil Fuel Output Cut in Reach
By LITTLETON, Colorado, Oct 8 (Reuters) – Texas’s main power generation system is on track for a rare contraction in fossil fuel-fired generation in 2025, as long as output from…
Canada Floated Keystone XL Revival in Tariff Discussion With Trump, Source Says
(Reuters) – Canadian Prime Minister Mark Carney raised the prospect of reviving the Keystone XL oil pipeline from Alberta to the United States during his Tuesday meeting with U.S. President…
US Crude Stockpiles Rise, Fuel Inventories Fall, EIA Says
(Reuters) – U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.7 million barrels to…
US Oil Product Supplied Hits Highest Since December 2022, EIA Says
(Reuters) – U.S. total product supplied of oil and fuels, a proxy for demand, rose last week by 1.8 million barrels per day to 21.99 million bpd, the highest since…
QatarEnergy’s Texas LNG Plant Nears Startup With Cool-Down Cargo
By and The Golden Pass liquefied natural gas project in Texas, co-owned by QatarEnergy and Exxon Mobil Corp., is preparing to cool key equipment as it nears startup after months…
Iraq Signs Deal With Exxon to Help Develop Large Oilfield
By And Iraq and Exxon sign non-binding deal Includes development, export upgrades, profit-sharing, sources say SOMO to secure Asian storage capacity with Exxon BAGHDAD, Oct 8 (Reuters) – Exxon Mobil…
APA Curtails Third-Quarter US Natgas, NGL Production on Weak Prices
(Reuters) – Oil and gas firm APA Corp said on Wednesday it cut about 20 million of cubic feet per day (MMcfpd) of U.S. natural gas production and 1,400 barrels…
Rising Tungsten Prices Worsen Oil Drillers’ Inflation Worries
China controls more than two-thirds of global tungsten production, according to the U.S. Geological Survey, making it difficult to replace its supply, industry experts said. Get the Latest US Focused…
