US Dollar Plunges as Trump Pummels Powell
The U.S. dollar is on course for its worst first half year since 1973, as it plummeted again on Thursday amid rising expectations for Federal Reserve easing and statements from…
Oil Steady as Investors Shift Focus to Demand Signals
Summary Brent, WTI trading below their levels right before Iran-Israel conflict Market focus switching to fundamentals, analysts say Data shows US ‘driving season is in full swing’, ANZ says (Reuters)…
Trump Signals US May Need to Ease Iran Oil Sanctions to Help Rebuild Country
(Reuters) – President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran – including restrictions on sales of Iranian oil – but…
US Gasoline Demand Rose Last Week to Highest Since December 2021, EIA Data Shows
(Reuters) – U.S. product supplied of gasoline rose to 9.6 million bpd in the week ended June 20, the highest since December 2021, data from the Energy Information Administration showed…
US Crude, Gasoline and Distillate Inventories Fall Last Week- EIA
U.S. crude oil, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 5.8 million barrels to 415.1 million barrels in the…
Trump Says China Can Buy Iranian oil, But Urges it to Purchase US Crude
(Reuters) – President Donald Trump said on Tuesday that China can continue to purchase oil from Iran after the U.S. bombed the OPEC member’s nuclear facilities and hoped that China…
COMMENTARY: American Energy Dominance Requires American Emissions Dominance: John Westerheide – Kathairos Solutions
Below is an op-ed from , Chief Revenue Officer , on the strategic future of American energy. It argues that in today’s global economy, true energy dominance must also mean…
Iranian President Says He’s Ready to Resolve Issues With US in Call With Saudi Crown Prince
(Reuters) – Iranian President Masoud Pezeshkian said Tehran was ready to resolve issues with the U.S. based on international frameworks, in comments in a phone call with Saudi Crown Prince…
Coterra Energy to Hold Permian Rig Count Steady as Oil Market Fears Ease
(Reuters) – U.S. oil and gas producer Coterra Energy will hold its rig count steady at nine in the Permian Basin, CEO Tom Jorden said Tuesday, reversing earlier plans to…
North Dakota Drilling, Fracking Activity Steady as Prices Gyrate, State Regulator Says
(Reuters) – The number of hydraulic fracturing crews and rigs operating in North Dakota was unchanged in June, even as oil prices have faced increased volatility in recent weeks, the…
