Oil Steadies After Report of Planned OPEC+ August Output Hike
Summary Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts…
California Should Support Fuel Imports, Find Ways to Retain Refiners, Regulator Says
NEW YORK, June 27 (Reuters) – California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing…
US Energy Firm EQT Agrees to Settle Lawsuit for $167.5 Million
June 27 (Reuters) – U.S. energy company EQT (EQT.N) agreed to pay $167.5 million to settle a class action lawsuit filed by investors who claimed EQT overstated the benefits of…
Oil Steadies After Report of Planned OPEC+ August Output Hike
By Sources say OPEC+ planning 411,000 bpd output boost in August Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Middle East crisis, analysts…
Trump Ends Trade Talks With Canada, Threatens to Set Tariff
Canadian Prime Minister Mark Carney and US President Donald Trump meet in the Oval Office in Washington, DC, on May 6.Photographer: Anna Moneymaker/Getty Images President Donald Trump said he was ending all…
Oil Market Reflects Slim Chance of Supply Disruption, Goldman Analysts Say
The sharp drop in the geopolitical risk premium likely reflected traders’ recent experiences with major geopolitical shocks without significant oil disruptions, Iran’s restrained response, strong U.S. and China incentives to…
Texas Firm Aims to Build World’s Largest Data Energy Complex With Nuclear, Gas, Solar
Fermi America, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, aims to build the largest energy and data complex of its kind powered by nuclear, natural gas…
Why Green Investors Keep Getting Carried Away
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Edward Chancellor LONDON, June 26 (Reuters Breakingviews) – To paraphrase Mark Twain, speculative bubbles don’t repeat…
Oil Set for Steepest Weekly Decline in Two Years as Risk Subsides
Summary Brent, WTI down 12% this week, most since March 2023 No major supply disruption from Mideast crisis, analysts say Lower US inventories lend some price support (Reuters) – Oil…
US Will Not Complete Oil Deliveries into its Reserve Until Year-end
“Due to site maintenance, the SPR rescheduled crude oil secured from previous solicitations, as well as exchanges, through December 2025,” an Energy Department spokesperson told Reuters. Get the Latest US…
