Oil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983
(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 6.1 million barrels to 298.7 million barrels last week, the lowest level since January 1983,…
Trump Says the US Has Swept Strait of Hormuz for Mines
(Reuters) – President Donald Trump said on Monday that the United States controls the Strait of Hormuz and had swept the strategic oil waterway for Iranian mines. “Look, the only…
Oil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 6.1 million barrels to 298.7 million barrels last week, the lowest level since January 1983, according to…
DATA CENTER PAUSE FALLOUT: Hundreds of Millions in Grid Deposits Linger in Uncertainty Following Texas Data Center Pause
By Texas’ data center approval pause leaves deposits at risk without timeline for grid approvals Projects had to post $50,000 per megawatt in security to enter Batch Zero Draft September…
Oil Edges Higher as Iran Tempers Hopes of Swift Hormuz Reopening
Summary Iran says it is close to agreeing Hormuz shipping lanes with Oman U.S. would have to meet certain conditions before strait is reopened, Iran says Brent and WTI benchmarks…
US Natgas Prices Climb 4% as LNG Export Flows Hit One-Month High
U.S. natural gas futures climbed about 4% to a one-week high on Monday as daily flows to liquefied natural gas (LNG) export plants rose to a one-month high. Get the…
THE INHERITANCE: New ConocoPhillips CEO Inherits $7 Billion Cash Flow Pledge Riding on Alaska Oil Project
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: ConocoPhillips targets $7 billion free cash flow growth by 2029 Expensive Alaska oil project accounts for large…
COMMENTARY: Trump Is Aiding a Golden Age for Renewable Energy
By Given America’s political environment, you would be forgiven for thinking the country has slipped into a dark age of energy recidivism; burning oil, gas and coal left and right;…
Iran Says Oman Deal is in ‘Final Stages’ But US Must Act to Open Hormuz
Iran says Oman deal is in ‘final stages’ but US must act to open Hormuz Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait…
Oil Price Uncertainty as Negotiations Continue
Summary Brent heads for weekly loss of more than 8% Cargo vessels could face fees under Iran draft plan Drone attacks reduce July CPC oil loadings by a fifth, sources…
