Oil Prices Climb on US Trade Optimism, Drop in Crude Stockpiles
(Reuters) – Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy and a sharper-than-expected decline in U.S. crude inventories.…
US Natgas Prices Fall 5% to 12-Week Low on Near-Record Output, Lagging LNG Exports
That price drop put the front-month into technically oversold territory for the first time since mid-May. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Despite hotter…
US Oil Producer Continental Resources Drops Fraud Lawsuit Against Rival Hess
(Reuters) – U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp in May, which alleged it was defrauded out of up to $69 million…
US Refinery Utilization Hits to Highest in Over Two Years, EIA Says
(Reuters) – U.S. utilization of refinery operable capacity rose to 95.5% last week, the highest since June 2023, data from the U.S. Energy Information Administration showed on Wednesday. Refinery utilization…
US Crude, Gasoline Stockpiles Fall, Distillates Build, EIA Says
(Reuters) – U.S. crude oil and gasoline inventories fell last week, buoyed by stronger demand and exports, while distillate stockpiles rose, the U.S. Energy Information Administration (EIA) said on Wednesday.…
US Gas Firms EQT, Range Boost Output Plans for 2025
(Reuters) – U.S. energy companies EQT and Range Resources expect to produce more natural gas in 2025 to meet rising demand for the fuel without boosting planned spending. Demand for…
In Rare Move, California Steps in to Find Buyer for Valero Refinery to Avoid Closure, Sources Say
(Reuters) – California government officials are trying to find a buyer for Valero Energy’s Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as…
Dealmaking in US Upstream Oil and Gas Tumbles as Volatility Rattles Investors
By Volatility in markets slows M&A in US upstream oil and gas Major deals by EOG Resources and Viper Energy dominate Q2 Future M&A may focus on international opportunities, says…
Trump Says Japan, US to Form LNG Joint Venture
(Reuters) – U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official…
COMMENTARY: American Energy Dominance Requires American Emissions Dominance: John Westerheide – Kathairos Solutions
Below is an op-ed from , Chief Revenue Officer , on the strategic future of American energy. It argues that in today’s global economy, true energy dominance must also mean…
