Oil Slips as Putin Agrees 30-Day Halt on Energy Facility Strikes
Summary • Ongoing Middle East turmoil limits oil price declines• API shows weekly US crude stocks rise, fuel inventories fall• US Fed’s interest rate verdict due later in the day…
HSBC Forecasts Surplus Oil in 2025, 2026 on Strong Supply, Sluggish Demand Growth
March 18 (Reuters) – HSBC expects the oil market to be in a surplus in 2025 and 2026 due to strong supply and sluggish demand growth, the bank said in…
COMMENTARY: America Will Lose If the EU and China Become Energy Buddies – David Fickling
By The electrons coursing through our grids, turbines and engines are invisible to the human eye, but without them, all the machinery that powers our industrial economy would grind to…
US Court Revises Energy Regulator’s Order for NextDecade’s Texas LNG Facility
March 18 (Reuters) – Energy company NextDecade (NEXT.O) said on Tuesday that the U.S. Court of Appeals for the District of Columbia had revised its August 2024 judgment against the…
It’s About Land & Power Plants: Putin Will Talk to Trump on Tuesday by Phone, Kremlin Says
(Reuters) – The Kremlin confirmed on Monday that Russian President Vladimir Putin would talk to U.S. President Donald Trump by phone on Tuesday. Trump had said earlier that he planned…
China Halts US LNG Imports as Trade War Reroutes Deliveries
China hasn’t imported liquefied natural gas (LNG) from the US for 40 days, the longest time in almost two years, due to Beijing’s 15% tariff on US LNG shipments. Summary…
Partners in $2.2 Billion Deal to Buy California Gas Plants
The transaction — comprising the 1.9-gigawatt portfolio and Middle River Power, the operator of the plants — has an enterprise value of $2.2 billion, Partners said in a Tuesday. California is rising…
Oil Up 1% on Mideast Risks, China Stimulus
(Reuters) – Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported by instability in the Middle East and China’s plans…
US Natural Gas Pipeline Completions Boosted Takeaway Capacity, EIA Says
Takeaway capacity refers to the maximum amount of gas a pipeline can transport away from a production area or storage facility on a daily basis. The U.S. produced a record…
US Natural Gas Prices Ease to 2-Week Low on Record Output, Negative Waha Prices
(Reuters) – U.S. natural gas futures eased to a two-week low on Monday on record output, negative spot prices at the Waha Hub in West Texas and forecasts for the…
