Occidental Petroleum Says Gulf of Mexico Output Hit by Curtailments in Q2
July 14 (Reuters) – U.S. shale producer Occidental Petroleum (OXY.N) said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance,…
The Art of Hogging Headlines, Using Tariffs
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means…
US Natgas End-of-Season Storage Seen at Three-Year Low in October
Looking ahead, analysts esimtate stockpiles were on track to end the November 2025-March 2026 winter withdrawal season at a four-year low of 1.509 tcf on March 31, 2026. That compares…
Oil Edges Up, Investors Eye Trump Statement on Russia
Summary EU set to lower Russian oil price cap, sources say Saudi Arabia says it complies with voluntary OPEC+ output target Saudi marketed crude supply in June was 9.352 million…
Oil Rises Over 2% as Investors Weigh Market Outlook, Tariffs, Sanctions
Summary Brent and WTI rise over 2% after losses in previous session Baker Hughes reports 11th consecutive week of U.S. rig count decline Trump promises major statement on Russia on…
US Oil and Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July…
Chevron Says Offshore Well Start-Up Caused Mars Crude Quality Issues
Summary Mars challenges add to tightening gulf coast oil supply Exxon to borrow crude from US emergency stash Chevron sees no impact to current production guidance (Reuters) – The start-up…
Taiwan’s CPC Corp Eyes US Shale Gas Assets, Sources Say
(Reuters) – Taiwan’s state-owned energy company CPC Corp is in early stage discussions to buy shale-gas producing assets in the United States, three sources familiar with the matter said, in…
US Natgas Prices Steady as Rising LNG Exports Offset Less Hot Forecasts
(Reuters) – U.S. natural gas futures held steady on Friday as rising flows to liquefied natural gas (LNG) export plants offset forecasts for less hot weather and lower demand next…
US Natgas End-of-Season Storage Seen at Three-Year Low in October
(Reuters) – U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025,…
