Trump Met With Chevron and ExxonMobil to Discuss Venezuela
Wednesday, May 6 (Reuters) – U.S. President Donald Trump told reporters on Wednesday that he met with top officials at Chevron (CVX.N) and ExxonMobil (XOM.N) a day earlier to discuss…
Microsoft May Abandon its Clean Energy Powered Data Centre Targets
The hyperscaler has been adding a gigawatt of data centre capacity, enough to power 750,000 homes, every three months By Alastair Marsh and Brody Ford Microsoft Corp. may shelve one…
Oil Supply Shock to Worsen as Inventories Fall Further Even if Conflict Ends
(Reuters) – Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will…
Occidental Scraps New Oil Hedges as Iran War Fuels Price Volatility
(Reuters) – U.S. shale producer Occidental Petroleum will not add more oil hedges this year after volatility in crude prices following the Iran war led to lower realized prices. Speaking…
US Says Airline Jet Fuel Costs Jumped $1.8 Billion or 56% in March
(Reuters) – Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S. Transportation…
COMMENTARY: Trump Broke OPEC. He May Regret It: Bousso
(Reuters) – U.S. President Donald Trump’s military forays in Venezuela and Iran have weakened OPEC more than anyone thought possible just months ago. The White House may view this as…
“AI”ING IT: Exxon Using AI for Faster Analysis of Guyana’s Oil Fields, VP of Exploration Says
(Reuters) – Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company’s vice president of exploration,…
US Gasoline Prices Top $4.50 a Gallon as Summer Driving Season Nears
Summary Strait of Hormuz disruptions, refinery issues dent fuel supply Analysts warn prices could rise further if war persists Morgan Stanley: US gasoline inventories falling faster than usual despite high…
NRG Energy Misses Quarterly Profit Estimates on Mild Texas Weather, Higher Costs
May 6 (Reuters) – Power producer NRG Energy on Wednesday missed Wall Street estimates for first-quarter adjusted profit, hurt by milder weather in Texas and increased costs. Get the Latest US…
Oil Slides After Pakistani Source Says US and Iran are Close to Framework Peace Deal
Summary US crude oil stocks expected to fall further Brent crude drops below $100 a barrel Benchmarks set for biggest daily declines in a month (Reuters) – Oil prices extended…
Indian Green Energy And Infrastructure Stocks Decline Amid Broad Market Consolidation (8th May 2026)
