US Stocks, Dollar Sink as Trump’s Criticism of Fed Chair Worries Investors
U.S. stock indexes fell and the dollar index slid to a three-year low on Monday as U.S. President Donald Trump’s continued attacks on the Federal Reserve chair and the bank’s…
Shell to Complete Survey at Venezuela Gas Field as License Wind-Down Approaches
April 21 (Reuters) – Oil and gas group Shell (SHEL.L) plans to complete a marine survey at Venezuela’s offshore Dragon gas field before a U.S.-set May deadline to wind down…
Republican Lawmakers Face Clean-Energy Conundrum as They Work on Tax Bill
Eleven of the 26 Republicans on the House of Representatives’ tax-writing Ways & Means committee, who are now crafting the extension of the 2017 tax cut legislation, represent areas that…
Oil Falls on Signs of Progress in U.S.-Iran Talks Amid More Market Stress
Summary • Concerns about US tariff effects pressure oil prices• US, Iran begin drawing up framework for nuclear deal• Markets eye April PMI data this week (Reuters) – Oil prices…
EU Explores Tweaking Methane Rules for US Gas to Help Trade Talks
The European Commission is working on its offer for trade negotiations with the United States, to attempt to avoid Trump’s planned tariffs – with both sides signalling that energy could…
Trump Administration Kicks Off Plan for Expanded Offshore Drilling
President Donald Trump has ordered government agencies to identify ways to increase already record high U.S. oil and gas production, arguing past administrations had unnecessarily curtailed drilling to combat climate…
US Oilfield Services Firms Brace for Earnings as Tariffs Cloud Outlook
President Donald Trump promised to increase U.S. oil and gas production, campaigning on the motto of “drill baby drill,” but his expansive levies have fueled a global trade war and…
Oil Posts Weekly Gain on Trade Deal Hopes, New Iran Sanctions
By Trump expressed optimism about reaching a trade deal with Europe US issues new sanctions on Chinese importers of Iranian oil Iraq, Kazakhstan, others to cut output further in OPEC…
US Judge to Decide on Starting Bid in Citgo Parent Auction Following Hearing
By Judge Stark inclined to accept court officer’s recommendation Starting with low bid would make it difficult to approach $7 bln-$8 bln value for Citgo Contrarian’s pact with bondholders could…
US Drillers Add Oil and Gas Rigs for First Time in Four Weeks, Baker Hughes Says
By April 17 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes (BKR.O), opens…
