US Democratic Lawmaker Pushes for Probe Into Oil Trades After Reuters Report
(Reuters) – U.S. Democratic Congressman Ritchie Torres on Tuesday wrote to U.S. market regulators pushing for an investigation into large oil trades placed just hours before the announcement of the…
US Treasury’s Bessent Says China Has Been Unreliable Partner by Hoarding Oil During War
(Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday said China had been an unreliable global partner during the Middle East war by hoarding oil supplies and limiting exports of…
Williams CEO Says PA-NY Constitution Natgas Pipe Could be Online as Soon as 2027
(Rueters) – U.S. energy company Williams Cos CEO Chad Zamarin said on Tuesday the long-delayed Constitution natural gas pipeline from Pennsylvania to New York could be operational as soon as…
US Utilities Increase Spending Plans to $1.5 Trillion Through 2030, Research Report Says
(Reuters) – U.S. electric utilities expect to spend $1.4 trillion on power lines and other infrastructure-related costs over the next five years, raising concerns about rising power bills ahead for…
US to Allow Waiver on Iran Oil to Expire, Administration Sources Say
(Reuters) – The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on Tuesday, as…
Investors See Oil Below $90 a Barrel by Year-End, BofA Survey Finds
A plurality of investors expect benchmark Brent oil to trade between $80 and $90 a barrel by the end of this year, according to a BofA survey of fund managers…
BP’s New CEO to Simplify Company Structure into Upstream, Downstream Units
By BP had upstream/downstream structure before 2020 transition push No clear timeline set yet for reorganisation Meg O’Neill became CEO on April 1 LONDON, April 14 (Reuters) – BP (BP.L)…
US Power and Natgas Prices Turn Negative in Texas and California as Mild Weather Cuts Demand
By Pipeline constraints in Permian region trap gas, causing record negative Waha Hub prices California power and gas prices turn negative amid low demand and abundant hydropower NWRFC projects above-normal…
The Commodities Supercycle is Here. How Might Investors Participate?: Taosha Wang
Commodities supercycles are long, powerful waves driven by major structural shifts. Just think of the oil shocks of the 1970s and China’s urbanisation boom in the early 2000s. The question,…
Oil Prices Fall as Supply Concerns Ease on Hopes for US-Iran Talks
Summary US, Iran leave door open for dialogue after tense talks US begins blockade of Iran’s ports IEA cuts global oil supply, demand growth forecasts (Reuters) – Oil prices fell…
