Goldman Sachs Forecasts Brent, WTI Prices Under Different Scenarios
(Reuters) – Goldman Sachs forecast that Brent and WTI crude prices would be at $62 a barrel and $58 by December 2025 and at $55 and $51 by December 2026,…
US EIA Delays Short-Term Outlook Report Amid Oil Market Downturn
By NEW YORK, April 7 (Reuters) – The U.S. Energy Information Administration said on Monday it is delaying publication of the “Short-Term Energy Outlook” (STEO) report, amid a to near…
Oil Boss Says Trump Administration Better Have a Plan Amid Rout
By A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public…
Trump Says EU Will Have to Buy Energy From US
WASHINGTON, April 7 (Reuters) – U.S. President Donald Trump said on Monday said selling energy to the European Union would be a key focus as his administration seeks to eliminate…
Stocks Selloff Goes On; Trump Warns of More China Tariffs if it Doesn’t Back Off
(Reuters) – Major stock indexes fell again in volatile trading on Monday as U.S. President Donald Trump said he will impose an additional 50% tariff on China if Beijing does…
Power Up: Oil Prices Fall Below Breakeven
By Elizabeth Hampton (Reuters) – Hello Power Up readers! Markets are continuing to spiral downward as U.S. President Donald Trump’s trade war stokes growing concerns of a recession. The S&P…
US Utilities Grapple with Big Tech’s Massive Power Demands for Data Centers
Summary • Utilities face challenges predicting future power demand for data centers• Tech companies seek multiple bids, complicating demand forecasts• Rising costs and AI advancements may reduce future power needs…
US Offshore Wind Farm Projects Slow as Trump Opposition Adds to Hurdles
(Reuters) – Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump’s administration.…
Wall Street, Financial Markets Week Ahead – Shell-Shocked Markets Brace For More Trump Tariff Tumult
Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping investors on edge after the worst week for U.S. stocks since…
Oil Tumbles Further as Trump Tariffs, US-China Trade Conflict Fuels Recession Fears
Summary • Brent and WTI hit lowest since April 2021• Goldman Sachs, Citi cut oil price forecasts• Saudi crude prices for Asian buyers reduced to four-month low (Reuters) – Oil…
