Oil Steadies as Tight Market Supports Despite Big OPEC+ Hike
Summary OPEC+ to raise output by 548,000 bpd in August Goldman expects a final 550,000 bpd OPEC+ hike for September US higher tariffs to take effect on August 1 (Reuters)…
US Gulf Coast Fuel Oil Imports at Record Low as Refiners Opt for Heavier Crude
Summary US refiners shift to domestic output, reducing fuel oil imports Running heavy crude preferred over high-sulphur fuel oil due to cost Middle East demand and Russian supply issues tighten…
US Ambassador Says ‘Win-Win’ Trade Deal With Canada Is Within Reach
The US ambassador to Canada, Pete Hoekstra, is optimistic about trade talks between the US and Canada, believing a fair deal will emerge soon. The US and Canada have an…
Trump’s Tax Package Curbs Renewable Energy Just as AI’s Power Needs Soar
The bill unplugs more than 300 gigawatts of wind and solar projects that would have been built through 2035, according to one analysis. By As Donald Trump’s $3.4 trillion fiscal…
Oil Falls Slightly Ahead of Expected OPEC+ Output Increase
By OPEC+ expected to boost output in August Iran reaffirms commitment to nuclear nonproliferation treaty US tariff risks resurface as July 9 deadline looms CALGARY, July 4 (Reuters) – Oil…
COMMENTARY: Where the Fight Against Energy Subsidies Stands – Alex Epstein
The final “Big Beautiful Bill” failed to truly terminate solar/wind subsidies. But there is still the opportunity to do so, along with making other crucial changes to electricity policy. By…
Oil Falls as Iran Affirms Commitment to Nuclear Treaty
Summary Iran reaffirms commitment to nuclear non-proliferation treaty OPEC+ to announce August output hike on Sunday US tariff risks resurface as July 9 deadline looms (Reuters) – Oil futures fell…
Arbitrators in Exxon, Hess Dispute Over Chevron Deal Have Reached a Decision, Sources Say
The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess. The Paris-based International Chamber of Commerce, which is overseeing the arbitration case, is now reviewing…
Clean-Energy Backers Blast US Budget Bill as a Setback
By and Bill cuts solar and wind tax credits, keeps nuclear and geothermal Energy Innovation projects 300 GW capacity fall due to bill Oil and gas industry praises bill for…
US Electric Vehicle Tax Breaks Will Expire on Sept. 30
By July 3 (Reuters) – It is the end of the line for U.S. electric vehicle tax credits. Get the Latest US Focused Energy News Delivered to You! It’s FREE:…
