Goldman Sachs Sees Upside Risk to Brent, WTI Oil Price Forecasts
The bank estimates around $3-4 per barrel of upside risk to its Brent and WTI oil price forecast of $60/bbl and $56/bbl respectively for the rest of 2025, and $56/bbl…
Kayne Anderson Raises $2.25 Billion for Third Energy Income Fund
The fund, Kayne Private Energy Income Fund III, will invest in high-quality private companies focused on producing oil and natural gas from wells that generate stable cash flows, according to…
Trade Truce Won’t Resurrect China’s Imports of US Energy: Russell
The truce between the world’s two largest economies will see the United States lower its tariffs on imports from China to 30%, while Beijing cuts its levies on U.S. goods…
Oil Prices Rise as Market weighs US-China Trade Developments
Summary • Markets cautious on US-China tariff relief• Increasing OPEC+ supply weighs on prices• Fuel demand and refining margins stable (Reuters) – Oil prices rose on Tuesday but gains were…
GOP to Phase Out Biden Energy Credits to Pay for Tax Cuts
By House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax…
Trump’s Energy Department Unveils Broad Rule Changes Aimed at Cutting Red Tape
(Reuters) – The U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump’s efforts to relax…
Colorado Top Court Allows Boulder to Sue Exxon, Suncor Over Climate Change
(Reuters) – Colorado’s highest court on Monday rejected efforts by ExxonMobil and Suncor Energy to dismiss a lawsuit by the city of Boulder seeking to hold the fossil fuel companies…
Blackstone Is in Talks for New Mexico Utility Owner TXNM
By , , and Blackstone Inc. is in talks to acquire TXNM Energy Inc., the owner of New Mexico’s largest utility, according to people familiar with the matter. The private…
US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve
A U.S. House committee released a budget proposal that includes more than $1.5 billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally mandated sale, following huge…
California Drivers Are Paying Up as Refineries Disappear
Governor Gavin Newsom’s latest outreach to the Golden State’s oil companies may be too late to arrest a steady decline in gasoline production. By Californians are accustomed to paying the…
