Chevron Expected to Receive Expanded Venezuela License From US This Week, Sources Say
(Reuters) – Chevron is expected to receive an expanded Venezuela license from the U.S. government this week that could allow for increased production and exports from the South American country,…
Venezuelan Oil Exports to China Set to Drop as US Blockade Limits Cargoes
(Reuters) – China’s oil imports from Venezuela are expected to slump starting from February as fewer tankers have managed to leave for Caracas’ top crude buyer after the U.S. claimed…
EIA Sees Henry Hub Natgas Prices Dipping in 2026 Before Climbing in 2027
(Reuters) – The Energy Information Administration (EIA) projects that the U.S. benchmark natural gas spot price at Henry Hub will decline by about 2% to just under $3.50 per million…
US Natural Gas Futures Drop 7% on Lower LNG Export Flows
(Reuters) – U.S. natural gas futures fell about 7% on Wednesday on a drop in preliminary gas flows to liquefied natural gas export plants in Texas. That price drop came…
US Crude Stocks and Gasoline Inventories Rise, Distillate Stocks Fall, EIA Says
(Reuters) – U.S. crude stocks and gasoline inventories rose while distillate stockpiles fell last week, the Energy Information Administration said on Wednesday. Crude stocks rose by 3.4 million barrels to…
COMMENTARY: Big Oil Won’t Keep Beating the Crude Market
By John D. Rockefeller, the godfather of the modern oil industry, called his tactic of purposely crashing oil prices and sending the stocks of his rivals into a tailspin “a…
Venezuela Oil Output to Jump 50% Over Next Decade, Enverus Says
By Venezuela’s return to growth in the global oil market following the US capture of long-time leader Nicolas Maduro is forecast to boost crude output by roughly 50% over the…
US Court to Weigh New York Project Challenge to Trump Offshore Wind Halt
(Reuters) – A U.S. judge on Wednesday will consider whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New…
Data Centers to Drive Strongest Four-Year Growth in US Power Demand Since 2000, EIA Says
Data Center The U.S. Energy Information Administration forecasts U.S. electricity use to rise by 1% this year and 3% in 2027, marking the first time since 2007 that power demand…
Oil Climbs on Concerns Over Potential Supply Disruption in Iran Amid Threats
Summary Iran protests raise supply disruption fears, geopolitical risks Venezuela resumes oil exports amid US embargo reversal US crude stocks rise, API says, indicating looser supply-demand balance LONDON, Jan 14…
