Oil Prices Set for Another Weekly Decline as Iran Risks Recede

Summary Trump says US could conclude Iran deal over the next month Venezuelan oil supply expected to ramp up, says analyst IEA lowers global oil demand forecasts for this year…

Global Oil Stockpiles Swelled Last Year by Most Since 2020, IEA Says

By Global oil stockpiles accumulated last year at the strongest pace since the 2020 pandemic as supplies soared and demand growth slowed, according to the International Energy Agency. Inventories increased…

US Publishes Interim Tax Credit Rules Meant to Restrict China Clean Energy Influence

Feb 12 (Reuters) – The U.S. Treasury Department on Thursday unveiled interim rules for enforcing provisions in President Donald Trump’s new tax law that restrict companies from claiming federal clean…

Trump Energy Chief Says US Aims to ‘Set Free’ Venezuelan Economy

By and President Donald Trump’s energy chief said that the US can help Venezuela drive a “dramatic increase” in oil, natural gas and electricity output this year, as Washington works…

India’s Top LNG Importer Says Favorable Terms Key to US Deals

By India will need favorable terms to enter into long-term liquefied natural gas purchase deals with the US as the market is highly price sensitive, according to the chief executive…

Trump Touts Good Relations with Venezuela, Says Oil Magnate Sargeant Does Not Represent US

WASHINGTON, Feb 12 (Reuters) – U.S. President Donald Trump said on Thursday that billionaire energy entrepreneur and Republican donor Harry Sargeant III has no authority to act on behalf of…

Oil Prices Edge Lower as IEA Reduces Demand Forecast

Summary Trump says talks with Tehran will continue Large build in US crude stocks caps price gains IEA lowers global oil demand forecast for 2026 (Reuters) – Oil prices slipped…

Trump Directs Energy Department to Issue Funds to Keep Coal Plants Online

By and WASHINGTON, Feb 11 (Reuters) – President Donald Trump on Wednesday ordered the Defense Department to purchase electricity from coal-fired power plants in his latest effort to boost the…

US Energy Secretary Meets Venezuela’s President as They Face Herculean Task of Oil Recovery

By and US Energy Secretary Chris Wright met Venezuelan interim President Delcy Rodriguez Visit follows Maduro’s capture, $2 billion oil supply deal US aims to reshape global energy markets and…

SM Energy is Seeking Buyers for Eagle Ford Natural Gas Assets, Sources Say

SM Energy has launched the sales process for some of its natural gas-producing assets in the Eagle Ford shale basin of South Texas as it looks to trim debt following…