US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows
(Reuters) – U.S. natural gas futures fell about 4% to an eight-week low on Friday on forecasts for less hot weather than previously expected over the next two weeks, an…
US-Iran Escalation Could Threaten 2027 Oil Market Surplus, IEA Says
Summary IEA 2027 forecasts imply 4.62 million bpd surplus vs 860,000 bpd deficit in 2026 Global oil supply up 4.1 million bpd month-on-month in June, IEA says Demand seen dropping…
Oil Heads for Weekly Gains as Middle East Supply Risks Persist
Summary Brent set for 7% weekly gain, WTI set for 6% rise Tanker traffic through Strait of Hormuz has slowed IEA says U.S.-Iran escalation undermines oil surplus forecast (Reuters) –…
Fed’s Williams Expects Energy Prices to Abate Even as Iran War Flares
By New York Fed president expects energy prices to cool in remainder of 2026 He declines to say what Fed should do at next policy meeting Williams says balance sheet…
Fuel Markets Flash Supply Crunch Despite Calmer Oil Prices
(Reuters) – Gasoline and diesel markets are signalling a fuel supply crunch despite relatively subdued crude oil prices, suggesting the energy shock from the Iran war may be far from…
Forget TACO. Trump’s Best Mexican Food Acronym is TAMALES: Russell
(Reuters) – One of the clever ways to deal with the unprecedented and disruptive U.S. presidency of Donald Trump is to make up acronyms using Mexican foods. This has given…
How Trump and AI Data Centers Are Boosting Nuclear Power
The Three Mile Island nuclear power plant, located in the middle of the Susquehanna River, in Middletown, Pennsylvania.Photographer: Heather Khalifa/Bloomberg Bloomberg Nuclear energy is back in vogue in the US.…
Oil Prices Fall as Markets Weigh Impact of US Strikes on Iran
Summary US military carries out strikes on Iran, prompting Iranian attacks on Kuwait and Bahrain Some war insurers advise shipowners to pause Hormuz voyages, sources say Analyst says Brent will…
Iran Says it Hits US Military Targets in Gulf, Prepares to Bury Slain Leader
(Reuters) – Iranian armed forces targeted U.S. military infrastructure in neighbouring Gulf states on Thursday following U.S. strikes on Iran’s southern coastal and eastern provinces, putting further strain on a…
Goldman Says US-Iran Escalation Could Slow Recovery in Gulf Oil Supplies
(Reuters) – Goldman Sachs said the latest strikes in the Strait of Hormuz could slow the ramp-up in Middle East oil production, while the cancellation of the U.S. sanctions waiver…
