Oil Stable Ahead of Trump-Putin Alaska Meet
Summary Brent and WTI stabilise off previous session’s two-month lows Trump meets Putin on Friday to discuss war in Ukraine U.S. crude stocks rose unexpectedly last week, EIA says (Reuters)…
US Crude and Distillate Inventories Rise, Gasoline Inventories Fall, EIA says
Crude stocks at the Cushing, Oklahoma, delivery hub rose by 45,000 barrels in the week, the EIA said. Get the Latest US Focused Energy News Delivered to You! It’s FREE:…
Venture Global LNG Expects to Win Remaining Arbitration Cases against Major Energy Companies
The remaining cases are over similar contract disputes with companies that include BP, Edison, Orlen, Repsol and Galp. Get the Latest US Focused Energy News Delivered to You! It’s FREE: “We remain…
US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says
The decline in 2026 production to 13.28 million bpd would be the first drop in output since 2021 for the world’s largest producer, the EIA data showed. Prices for the…
Oil Falls as IEA Raises Supply Forecast, Investors Await US-Russia Meeting
(Reuters) – Oil prices edged lower on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday’s meeting between U.S. President Donald Trump and Russian President…
Rate Cuts and Falling Dollar Will Fuel Inflation
If they account for the inflationary effect of import tariffs, then those sitting short of dollars have good reason to hedge the growing risk that expectations for easing are overdone.…
Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible – CEO
Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by U.S. President Donald…
Venture Global Wins Arbitration Case Against Shell Over Contracted LNG Cargoes
Venture Global denied the claim, saying it delayed moving to commercial operations because of a faulty electric system that did not allow the plant to operate optimally. “We are disappointed…
Trinidad Awards Deepwater Blocks to Exxon, Could See $21.7 Billion Investment, Minister Says
Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy major finds reserves in a large deepwater area it was awarded on Tuesday…
US Exported 30% of its Primary Energy Output in 2024, Says EIA
The agency said that nearly all of these exports were fossil fuels, destined for other countries in North America, Europe, or Asia. Get the Latest US Focused Energy News Delivered…
