US Drillers Cut Oil/Gas Rigs for 7th 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 a seventh week in a row to the lowest since November 2021,…
Oil Settles Up 7% as Israel, Iran Trade Air Strikes
Summary Oil gains of up to 14% were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli attack No impact to oil flows in the region…
Traders Pile into $80 US Oil Bets as Tensions Rise in Middle East
Call options grant the holder a right to buy futures contract at the preset price and date, and a rise in volumes can help gauge market sentiment. About 33,411 contracts…
US Natgas Prices Climb 3% on Soaring Oil Futures After Israel Strikes Iran
(Reuters) – U.S. natural gas futures climbed about 3% on Friday, tracking gains in oil prices after Israel launched strikes against Iran, raising worries the conflict could disrupt Middle Eastern…
US Energy Chief Monitoring Any Impacts to Global Energy Supply
U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House’s National Security Council to monitor the situation in Middle East and any…
Oil Up 6%, Paring Sharp Gains as Israel Strikes Avoid Iran Oil Sites
By Oil gains of up to 14% were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli attack No impact to oil flows in the region…
Diesel Most Exposed to Middle East Conflict, US Futures Surge 8%
(Reuters) – U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts warned that diesel supply is the most exposed to…
NRG Expects to Line Up New US Data Center Deals This Quarter
NRG Energy CEO Larry Coben Bloomberg NRG Energy Inc. is working on deals to power US data centers “all over the country” and will reveal details with second-quarter results, according to…
US Energy Secretary Says Oil Output Drop in 2026 ‘Unlikely’
By and US Energy Secretary Chris Wright Photographer: Pete Kiehart/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: US Energy Secretary Chris Wright said it’s “unlikely”…
NextDecade Signs $9 Billion Contract With Bechtel for Construction of LNG Sites
Under engineering, procurement, and construction (EPC) contracts, NextDecade agreed to pay Bechtel about $4.77 billion under a renewed agreement for the fourth liquefaction train. For the fifth train, it executed…
