Oil Rises on Red Sea Attacks, Lower US Production as Trump Tariffs Loom
Summary Rescue mission underway in latest Red Sea attack Trump copper tariffs steeper and sooner than expected UAE energy minister: markets absorbing OPEC+ output boosts US EIA data on inventories…
Texas Project to Build Four Nuclear Plants is in Talks With ‘Hyperscalers’
By WASHINGTON, July 8 (Reuters) – Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that…
US Issues Expedited Permit for Proposed Tennessee Coal Mine
July 8 (Reuters) – The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews…
US Copper Prices Surge to Record as Trump Calls for 50% Tariff
By and Copper futures in New York surged after US President Donald Trump said he planned to implement a 50% tariff on imports of the commodity, a move that’s likely…
US Natgas Output and Demand to Hit Record Highs in 2025, Before Sliding in 2026, EIA Says
(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term…
Oil Prices Edge Up to Two-Week High on Lower US Output Forecast, Positive US Economic News
By US could produce less oil in 2025 than previously expected OPEC+ to raise production by 548,000 barrels per day in August Markets unsettled by uncertainty over Trump tariffs NEW…
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
By July 8 (Reuters) – U.S. power consumption will hit record highs in 2025 and 2026, the U.S. Energy Information Administration said in its short-term energy outlook on Tuesday. Get…
US to Produce Less Oil in 2025 Than Previously Expected Amid Declining Prices, EIA Says
By EIA lowers its 2025 oil production forecast to 13.37 million bpd Geopolitical tensions influence Brent crude price forecast US oil demand to rise slightly in 2025 vs 2024, EIA…
Venture Global Cashes in on Exports from Plaquemines LNG Plant, SEC Filing Shows
During the same period, it exported 38 LNG cargoes from its Calcasieu Pass facility at an average liquefaction fee of $2.66 per mmBtu. The lower second-quarter liquefaction fees at Calcasieu…
Exxon Signals Lower Oil, Gas Prices Could Hit Second-Quarter Profit
Reuters – Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from…
