White House Says ‘All Hell to Pay’ Should Iran Develop Nuclear Weapon

(Reuters) – President Donald Trump wants Iran to know that there will be “all hell to pay” if it does not abandon its nuclear program, his press secretary told reporters…

Brent, WTI Prices Climb More $1 on Possible Iran Crude Restriction

By China imposes 125% tariff on US goods, escalating trade war EIA lowers global economic growth and oil demand forecasts April 11 (Reuters) – Brent and West Texas Intermediate crude…

COMMENTARY: China Primes Rare Earths Weapon as Trade War Escalates

By LONDON, April 10 (Reuters) – As U.S. President Donald Trump turns up the tariff heat on China, Beijing is targeting ever more of the United States’ critical material supply…

US Oil Rig Count Falls by Most in a Week Since June 2023, Baker Hughes Says

By April 11 (Reuters) – U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig…

US Energy Secretary Says We Can Stop Iran’s Oil Exports

U.S. Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, D.C., U.S., March 19, 2025. REUTERS/Kent Nishimura/File Photo April…

OPEC Output Hikes, Trade Wars Have US Oil Producers Wary of ‘Drill Baby Drill’

Summary Oil at $55 a barrel, down from $78 before Trump inauguration US oil rig count expected to drop if crude stays below $60 Tariffs will hike costs for steel…

Ten Trading Days That Shook Financial Markets

Grim Financial Markets The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of Palo Alto, California, but in his…

Oil Prices Set to Drop for a Second Week as US-China Trade War to Cut Demand

(Reuters) – Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the United States and China, the world’s largest…

US Power Use to Reach Record Highs in 2025 and 2026, EIA Says

(Reuters) – U.S. power consumption will hit new record highs in 2025 and 2026, the U.S. Energy Information Administration said in its Short Term Energy Outlook (STEO) on Thursday. EIA…

South Bow Recovers 700 Barrels after Keystone Oil Release; No Restart Timeline

(Reuters) – South Bow on Thursday said it had recovered about 700 barrels of oil from a leak on the Keystone Pipeline earlier this week in North Dakota, which has…