Oil Falls as Trade War Concerns Dampen Demand Outlook
(Reuters) – Oil fell on Tuesday to near a two-week low as investors lowered their demand growth expectations due to the trade war between the United States and China, the…
US Natgas Prices Jump 5% to 1-Week High Ahead of Contract Expiration
(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Monday in light trade ahead of the expiration of the front-month contract on forecasts for higher…
Woodside in Talks to Sell Louisiana LNG Stake to Kuwait Petroleum Unit, Bloomberg News Reports
(Reuters) – Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News…
US Urges Eastern Europe to Split From EU Energy Transition Aims
By The US wants central and eastern European countries to join its path of “energy freedom” instead of following the wider region’s transition to a net zero economy, Energy Secretary…
Why Cheap Oil Relieves Some, Worries Other Countries
By and When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By…
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap, Sources Say
MOSCOW, April 28 (Reuters) – Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to…
Oil Prices Stable Amid Economic Uncertainty, OPEC+ Supply Fears
(Reuters) – Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand,…
Investors Worry Big Oil Could Reduce Share Buybacks as Crude Prices Slump
Summary Investors fear weak oil prices could reduce stock buybacks Exxon and Chevron expected to post first quarter profit rise Chevron may cut buybacks if oil prices remain low, analysts…
US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary
U.S. Energy Secretary Chris Wright and Polish Prime Minister Donald Tusk shake hands on the day of a signing agreement related to the construction of Poland’s first nuclear power station…
Major Offshore Wind Developer Has Stopped Activities in United States
Summary Germany’s RWE holds three offshore wind leases in U.S. waters RWE said last month it had pared back U.S. activity to minimum CEO cites ‘political developments’ (Reuters) – One…
