Oil Retreats from Above $100, but Set for Weekly Rise on Middle East Escalation
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: Brent, WTI down over $3 earlier in session; set for around 10% weekly gain Trump vows to…
US Energy Shares Gain as Houthi Tanker Attacks Push Brent Crude to $100
July 23 (Reuters) – U.S. energy shares rose on Thursday as Brent crude touched $100 a barrel, extending a five-day rally after attacks on two Saudi oil tankers heightened concerns…
Oil Settles Over $100 as Houthi Attacks Intensify Middle East Supply Risks
By Brent closes above $100 a barrel for first time since May 22 Houthis say they attacked Saudi tankers in the Red Sea Trump vows “major military punishment” for Iran…
Trump Tells Axios he is Considering Restarting Major Combat Operations in Iran
(Reuters) – U.S. President Donald Trump told Axios in an interview on Thursday that he is seriously considering restarting major combat operations in Iran, which could include larger strikes than…
US Energy Officials Consider Power Shift in PJM Electric Grid
By Laila Kearney PJM is struggling with power shortfalls and surging prices Proposals include giving board more authority FERC discusses giving states more decision-making power NEW YORK, July 23 (Reuters)…
Oil Executives Rush to Complete Contract Migration in Venezuela, Sources Say
By and Companies expected to sign new agreements by July 28 Weighted royalty rate among key elements in negotiation Newcomers will have more time to complete agreements CARACAS, July 23…
Oil Prices Rise for a Fifth Day on Supply Concerns Amid Chokepoint Threats
Get the Latest US Focused Energy News Delivered to You! It’s FREE: Summary Brent crude up, at its highest since June 8 Iran’s Revolutionary Guards say Strait of Hormuz is…
TRUMP: US Will Attack Iranian Bridge, Power Plant for Every Ship Targeted in Hormuz
WASHINGTON, July 22 (Reuters) – President Donald Trump renewed his threats to attack Iranian infrastructure on Wednesday, saying the U.S. would attack a bridge or power plant each time Tehran…
Trump Administration Considers Putting Nuclear Power Plants in US Waters
(Reuters) – The Trump administration on Wednesday said it would evaluate putting nuclear energy projects in federal waters as part of its agenda to expand domestic energy production and speed…
US Says it Reaches Nuclear Power Deal With Saudi Arabia
Summary Companies Congress now has 90 session days to object before the pact takes effect The pact omits the IAEA Additional Protocol for intrusive snap inspections It allows Saudi Arabia…
