Trump Says US Will Be Doing a Lot of Deals With Iraq, Taking a Lot of Oil Out

(Reuters) – President Donald Trump on Tuesday told reporters ahead of a meeting with Iraqi Prime Minister Ali al-Zaidi that the United States would be doing a lot of deals…

Kashagan Oilfield Operator Ordered to Pay $4.9 Billion Environmental Fine, Ifax Reports

(Reuters) – Kazakhstan’s Justice Ministry said the operator of the Kashagan oilfield must pay an environmental fine of 2.3 trillion tenge ($4.89 billion) by July 20, but that the company…

Trump: Iran Blockade Reinstated, US to Charge 20% on Strait of Hormuz Cargo

WASHINGTON, July 13 (Reuters) – President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo…

AMERICAN ENERGY SNAPSHOT: Why Gasoline Prices Don’t Always Move in Lockstep with Crude Oil Prices

By  The situation in the Middle East remains highly uncertain with renewed escalation, and energy markets continue to respond to each new development. Over the past several weeks, crude oil…