Oil Price Up More Than 3% as Fears of Renewed US-Iran Combat
Summary Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out…
US Oil Refiners Finally Profit From Biofuels Due to Mandates, High Fuel Prices
Summary Companies EPA mandates boost biofuel blending, driving refiner profits RIN credit prices surge over 80%, enhancing biofuel profits Soyoil costs, limited supply could limit biodiesel output, analysts say NEW…
Oil Prices Climb More Than 3% on Fears of New US-Iran Combat
Brent and WTI set for hefty weekly gains More vessels have been crossing Strait of Hormuz Ship attacks and seizures remain a worry Trump says he is running out of…
US Drillers Add Oil/Gas Rigs for Fourth Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since September 2025, energy services firm…
US Says Chinese Leader Xi Opposes Strait of Hormuz Toll
By Chinese President Xi Jinping opposes charging a toll in the Strait of Hormuz, a White House official said, in an apparent reference to Iran’s effort to monetize its control…
Why the Price of Gas Is the Most Important Number in US Politics
Gasoline accounts for a shrinking share of household budgets, but its political power can still make or break a presidency. By In his 1987 book, Trump: The Art of the…
Trump Discussed Sanctioned Chinese Oil Refiners With Xi, Considering Lifting Bans
Chinese President Xi Jinping and U.S. President Donald Trump attend a meeting on the sidelines of their visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. REUTERS/Evan Vucci…
White House Has Few Tools for Gas-Price Relief as Iran War Drags On
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: White House weighs gas tax suspension as fuel prices surge, options dwindle Polls show most Americans feel…
US House Passes Bill Allowing Year-Round Sales of E15 Gasoline
(Reuters) – The U.S. House passed legislation on Wednesday that would allow nationwide year‑round sales of gasoline containing 15% ethanol, handing a major win to biofuel producers and farm groups…
U.S. Officials Flag Prospect of Chinese Energy Purchases After Trump-Xi Meeting
(Reuters) – U.S. officials raised the prospect of China buying more American energy after Presidents Donald Trump and Xi Jinping held talks in Beijing on Thursday. Get the Latest US…
