Bessent Says US Expects Japan to Stop Buying Russian Energy
Bessent and Kato met on the sidelines of the annual International Monetary Fund meeting, and the G7 and G20 finance leaders’ gatherings held this week in Washington. Get the Latest…
OIL GLUT CONFUSUION: Where are the Oil Barrels? IEA Gap Deepens Confusion Over Looming Glut
Ron Bousso Summary International Energy Agency expects heavy oversupply in oil market Agency however reports 1.5 million bpd of ‘unaccounted’ oil in August IEA bearish outlook clashes with OPEC forecasts…
Trump Says Modi Has Assured Him India Will Not Buy Russian Oil
U.S. President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump said he would next try to get…
US Judge Dismisses Youth Activists’ Lawsuit Challenging Trump’s Energy Policies
By Oct 15 (Reuters) – A federal judge in Montana on Wednesday threw out a lawsuit by youth activists seeking to block U.S. President Donald Trump’s pro-fossil fuel energy policies,…
EIA Expects Heating US Homes by Electricity to Cost More This Winter Than Last Year
NEW YORK, Oct 15 (Reuters) – U.S. households heated mainly by electricity will spend about 4% more this year to stay warm over the winter due to higher power price…
Russia Pushes Back Against Trump Warning that the Russian Economy is Near Collapse
One of President Vladimir Putin’s top economic officials on Wednesday pushed back at U.S. President Donald Trump’s warning that the Russian economy was going to collapse amid lines for gasoline…
Improved Drilling to Boost Gulf of Mexico Offshore Oil Output as US Onshore Growth slows
Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and…
California Judge Blocks Efforts to Restart Santa Ynez Oil Pipeline
The company in May restarted production from one of the three offshore platforms in that project, nearly a decade after it was shut due to an oil spill under previous…
Oil Steadies as Market Weighs Excess Supply and US-China Trade Tensions
Summary IEA expects 2026 oil supply surplus US-China trade tensions in focus for oil prices Analysts expect rise in US crude inventories, fall in gasoline and distillates (Reuters) – Oil…
Supertanker Freight Rates Up Sharply as US-China Trade War Envelops Ports
Summary MidEast to Asia VLCC rate hit 2-week high on Monday China to charge about $15 million in port fees for US-linked VLCC, trader says Ships divert to Zhoushan after…
