EIA Sees Alaska Crude Oil Production Rising 13% in 2026
(Reuters) – Crude oil production from Alaska is forecast to reach 477,000 barrels per day (bpd) in 2026, the highest since 2018, the U.S. Energy Information Administration (EIA) said in…
US Crude Stocks Fall on Higher Demand, Fuel Inventories Rise, EIA Says
(Reuters) – U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Crude inventories fell…
Saudi Crown Prince Seeks to Burnish Image with Corporate America’s Top Executives
Summary MBS’s first US trip since Khashoggi’s killing in 2018 MBS promises to boost US investment to $1 trillion Event includes top US executives from various sectors WASHINGTON, Nov 19…
NOW YOU KNOW – OIL PRICES: Western Canada Select (WCS) vs West Texas Intermediate (WTI) – What is the Difference and Why is Ther…
By EnergyNow Staff Western Canada Select (WCS) and West Texas Intermediate (WTI) are both crude oil benchmarks, but they differ in quality, location, and market dynamics — which is why…
Oil Falls on Oversupply Concerns But Tighter Fuel Markets Limit Drop
(Reuters) – Oil prices fell on Wednesday due to higher crude inventories in the U.S., reinforcing oversupply concerns, but falls were limited by a tighter fuel market as a result…
Exxon Joins Chevron in Pursuing Parts of Lukoil Global Empire, Sources Say
By , and LONDON/NEW YORK, Nov 18 (Reuters) – U.S. oil major Exxon Mobil (XOM.N) has joined rival Chevron Corp (CVX.N) in considering options to buy parts of sanctioned Russian…
California Refinery Closures Spark Pipeline Race to West Coast
Motorists in West Coast states have long paid some of the country’s highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub. There…
US Data Center Demand Raising Power Risks This Winter, Regulator Says
Rising power demand driven by data centers is shrinking U.S. electricity supplies and increasing the risk of energy shortages if extreme winter weather strikes this year, the North American Electric…
Trump Would Back Russia Sanctions Bill if He Retains Final Authority, White House Official Says
(Reuters) – President Donald Trump is willing to sign legislation to impose sanctions on Russia as long as he retains ultimate decision-making authority over any such measures, a senior White…
Oil Steadies as Markets Weigh Russia Sanctions and Glut Forecasts
Summary US Treasury says sanctions are squeezing Mscow’s revenue Russian oil loadings at Novorossiysk resume after Ukraine attack Oil prices to fall next year, says Goldman Sachs (Reuters) – Oil…
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