Heat Dome Poses Woes for Largest US Power Grid Beyond Data Center Boom
By PJM forecast record demand of 166.2 gigawatts at about 6 p.m. EDT Thursday Wholesale power costs rose 68% to $40 billion in the first five months, PJM watchdog says…
Oil Falls for a Third Straight Day After US, Iran Conclude Talks in Doha
Summary US, Iran talks conclude in Doha, focused on Strait of Hormuz Nigeria joins International Energy Agency as an associate member Ukrainian military hits Russian oil refinery in Kstovo July…
US LNG Exports to Europe Decline as Asia Prices Surge
For the first time in nearly two years, less than half of U.S. LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt…
The Next Iran War May Come Sooner Than You Think: Joachim Klement
In this dangerous new environment, how might the rest of the world position itself to avoid becoming collateral damage once again? Whether the 60-day talks between the U.S. and Iran…
Activist Investors Make Bigger Push for Campaigns in H1, Seek More M&A
Activist investors pushed global companies more aggressively in the second quarter to make changes and lifted the overall pace of campaigns in the first half of 2026, Barclays data showed,…
US Commercial Crude Stocks hit 8-Yr Low, Gasoline Demand Rises Ahead of Holiday Weekend
U.S. crude stocks fell to their lowest last week since 2018 as domestic refinery demand rose, while gasoline inventories also fell ahead of the July 4 holiday weekend, the Energy…
Oil Falls Over 1% as Markets Await Outcome of Iran-US Talks, US Stocks Data
Tehran says U.S. team to meet mediators in Doha, not with Iranian officials U.S. crude inventories fell by 6.1 million barrels last week, API data showed July 1 (Reuters) –…
South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma
Canada’s South Bow and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday. The project will…
US Oil Production Rises to Record High in April, EIA Says
(Reuters) – U.S. crude oil production rose to 13.93 million barrels per day in April, the highest on record, monthly data from the Energy Information Administration showed on Tuesday, as…
US Natgas Advances 3% on Rising LNG Flows, Record Heat
(Reuters) – U.S. natural gas futures climbed about 3% on Tuesday on rising flows to liquefied natural gas (LNG) export plants and forecasts for record power demand in some parts…
