Oil Prices Dip as Demand Fears Overshadow Fed Rate Cut
Summary High distillate stockpiles add to concerns over demand Market caught between conflicting signals, says analyst Benchmarks remain on track for second straight weekly gain EU will propose ban on…
Exxon Says Energy Demand Makes Case for Fossil Fuel Growth
By An Exxon Mobil Corp. oil drilling rig near Stanton, Texas. Photographer: Justin Hamel/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: Exxon Mobil Corp. will…
US Could See LNG Oversupply in 2027-2029 Period, EQT CEO Says
Uday Turaga, the founder of energy research and consulting firm ADI Analytics, also told Reuters on the sidelines of the conference in Houston that while “there could be small periods…
Exxon Says AI is Helping Company’s Bottom Line
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COMMENTARY: Oil Market Blind Spots Give Traders a Nasty Headache – Ron Bousso
By Chinese oil storage increasingly vital for market, but data is obscure IEA, OPEC offer widely divergent estimates for oil demand growth Growing sanctions-busting fleet of tankers complicates oil tracking…
Billions in Cleantech Investments Are Going Up in Smoke
By The capriciousness of US energy policy under President Donald Trump increasingly looks like a feature rather than a bug. Get the Latest US Focused Energy News Delivered to You!…
“NYET” – Exxon Mobil Has ‘No Plans’ to Re-Enter Russia, Financial Times Reports
Exxon executives are in talks with Russian officials about recouping the $4.6 billion in assets expropriated by Moscow but not about investing in the country, the report said quoting Woods…
Oil Edges Higher as Traders Weigh Rate Cut With Worries over US Economy
Summary Brent, WTI oscillated between gains and losses in European trading Fed chair highlighted concerns about job market Market concerned by rising supply, US demand concerns (Reuters) – Oil prices…
Gates-Backed Fund Joins Airlines in Push for Green Jet Fuel
By A Bill Gates-backed investment fund is teaming with British Airways parent IAG SA, American Airlines Group Inc. and Cathay Pacific Airways Ltd. to accelerate the production of sustainable aviation…
World Must Spend $540 Billion a Year Looking for Oil and Gas, IEA Says
By The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050 as the pace of declines in existing fields…
