US Crude Oil and Refined Product Inventory Update – William Lacey

I think I finally understand what Liberation Day stood for. The liberation of all of my savings from me. Hooray! I didn’t want it anyway… Now, on to our regularly…

US Crude Stockpiles Rise as Exports Hit Jan Lows, EIA Data Shows

(Reuters) – U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy Information…

US Producers Face Tough Choices on Growth, Capital Returns as Oil Falls Below $60

(Reuters) – A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double…

US Bonds, Dollar Battered as ‘Sell America’ Trade Heats Up

Global markets were pummelled on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds were…

Keystone Oil Pipeline Shut After Spill in North Dakota

By and Canadian crude oil discount to US oil widened after shutdown South Bow stock tumbled to lowest since October Amount of spill is not known yet, pipeline to be…

Oil Suffers Biggest 5-Day Drop Since 2022, Metals Plunge as Trade War Escalates

Stocks in Asia extended a slide on Wall Street as U.S. President Donald Trump looked set to press ahead with whopping 104% duties on Chinese goods as global recession fears…

Chevron to ‘Triple-Frac’ Half of Permian Oil Wells in 2025 to Cut Costs, Time

*Technique reduces costs per well by 12% *Triple-frac requires 60% more water and sand per day By Sheila Dang2 HOUSTON, April 9 – U.S. oil major Chevron plans to increase…

Wall Street’s Tariffs Rout Resumes After Rebound Fails

The S&P 500 closed below 5,000 points for the first time in almost a year, reversing a strong morning rally as hopes faded for any imminent U.S. delays or concessions…

Wood Mackenzie Cuts 5-year US Wind Energy Outlook 40% on Trump Policies

April 8 (Reuters) – A prominent energy research firm slashed its five-year outlook for new U.S. wind energy projects by 40% on Tuesday, citing Trump administration policies and concerns about…

Keystone Oil Pipeline Shut After Spill in North Dakota

By and Canadian crude oil discount to US oil widened after shutdown South Bow stock tumbled to lowest since October Amount of spill is not known yet, pipeline to be…