Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says
(Reuters) – Annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid, the U.S. Energy Information Administration said…
US Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA Says
(Reuters) – U.S. crude and gasoline stocks fell last week while distillate inventories rose, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell by 4.3 million barrels to…
US EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates
Reuters The U.S. Energy Information Administration on Tuesday revised its earlier forecasts to reflect a much bigger and lengthier hit to global oil supplies from the Iran war than it…
Oil Little Changed as Trump Heads to China
Oil little changed as Trump heads to China Summary Oil prices remain above $100 per barrel Investors await Trump-Xi meeting in Beijing US inflation posts largest gain in three years…
US EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates
By and EIA now sees Middle East oil supply losses peaking at 10.8 mln bpd in May Global oil inventories expected to fall 2.6 mln bpd this year, keeping prices…
US LNG Vessels Leave for China After Year-Long Pause Ahead of Trump-Xi Summit
By and Three vessels head to China after direct shipment pause Chinese buyers resold US LNG cargoes to other countries US LNG shipments to China dropped sharply since 2025 NEW…
API Shows Another Weekly Fall in US Crude Stocks But Gasoline Inventories Rise, Sources Say
NEW YORK, May 12 (Reuters) – U.S. crude oil inventories fell for a fourth straight week last week, while distillate inventories also declined. Motor gasoline stocks, however, rose, according to…
US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says
(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, the Energy Information Administration said in its Short-Term…
US Government’s Energy Arm Assumes Strait of Hormuz Will Stay Shut Through Late May
(Reuters) – The U.S. Department of Energy’s statistical arm on Tuesday said it assumes that the Strait of Hormuz will be effectively shut through late May and traffic will resume…
A Trump-Xi Deal Could Revive US Energy Exports to China
(Reuters) – U.S. President Donald Trump will arrive in Beijing this week for a summit with President Xi Jinping on May 14 to 15, where U.S. officials say a deal…
