COMMENTARY: China’s Oil Fortress Will Reshape the Global Order: Bousso
(Reuters) – China caught the oil industry by surprise during the Iran war, pulling powerful levers to shield itself from the biggest energy shock in decades. In the process, it…
LNG GROWTH: Liquefied Natural Gas Set to Become United States’ 2nd Largest Net Export Industry within Five Years, S&P Global Ene…
Growth of U.S. LNG exports now expected to support 555,000 jobs annually and add $1.4 trillion to GDP through 2040 while domestic natural gas prices will remain among lowest in…
Oil Rises on Intensifying US-Iran Hostilities, Threat of Red Sea Closure
(Reuters) – Oil prices inched up on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait…
TotalEnergies Sees Strong Oil Trading Even as Gas Weakens
By TotalEnergies SE reported another quarter of bumper oil trading after the Iran war upended crude markets, but warned of underperformance in its gas business. Get the Latest US Focused…
Pakistan Worries About Being Drawn Into US-Iran Conflict After Houthis Attack Saudi Arabia
(Reuters) – Attacks on Saudi Arabia by Yemen’s Iran-aligned Houthis this week have frustrated Pakistan and threaten to draw Islamabad into the conflict, complicating any future role it may have…
US EIA Reviews Crude Storage Limits After Iran War Drains Cushing Inventories
(Reuters) – The U.S. Energy Information Administration said on Thursday it was reviewing the results of a pilot study to better understand minimum working crude oil inventory for some storage…
Oil Settles Lower, But Remains Near One-Month High on U.S.-Iran Tension
By Oil falls after rallying earlier in the week, analyst says sign of market exhaustion Iran tells Houthis to close Red Sea gateway if US hits power network, sources say…
US Refiner Margins Hit New Records as Fuel Shortage Concerns Grow
(Reuters) – U.S. refiner margins registered a fresh record high for the third consecutive session on Thursday, as low stockpiles and worsening tensions in the Middle East threaten potential supply…
LNG Exports Set to Add $1.4 Trillion to US GDP Through 2040, S&P Global Energy Study Says
(Reuters) – Liquefied natural gas is poised to become the United States’ second-largest net export industry within five years, adding nearly $1.4 trillion to its gross domestic product through 2040,…
Oil Eases as Traders Weigh US-Iran Conflict Risks
Summary US launches multiple strikes on Iran, which retaliates Fewer vessels travel through Hormuz as US, Iran continue strikes Brent and WTI remain close to one-month high July 16 (Reuters)…
