Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap, Sources Say
MOSCOW, April 28 (Reuters) – Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to…
Oil Prices Stable Amid Economic Uncertainty, OPEC+ Supply Fears
(Reuters) – Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand,…
Investors Worry Big Oil Could Reduce Share Buybacks as Crude Prices Slump
Summary Investors fear weak oil prices could reduce stock buybacks Exxon and Chevron expected to post first quarter profit rise Chevron may cut buybacks if oil prices remain low, analysts…
US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary
U.S. Energy Secretary Chris Wright and Polish Prime Minister Donald Tusk shake hands on the day of a signing agreement related to the construction of Poland’s first nuclear power station…
Major Offshore Wind Developer Has Stopped Activities in United States
Summary Germany’s RWE holds three offshore wind leases in U.S. waters RWE said last month it had pared back U.S. activity to minimum CEO cites ‘political developments’ (Reuters) – One…
Japan’s JERA May Consider Alaska as LNG Supply Option, Executive Says
Summary JERA say may consider Alaska as a potential LNG supplier Japanese firms wary of commitments amid high costs, sources say Japanese delegation heads to US this week for more…
The Crafty US State That’s Showing How to Thrive Under Trump
By An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo (Reuters)…
South Korea Rules Out Tariff Deal with US Before June 3 Snap Election
The countries last week agreed to craft a trade package aimed at removing new U.S. tariffs before a pause in reciprocal tariffs is lifted on July 8, Seoul’s delegation in…
Oil Posts Weekly Fall on Tariff Worry and Rising Supplies
Summary Brent, WTI down, erasing gains following tariff uncertainty Both contracts set for weekly declines OPEC+ to consider another accelerated oil output hike for June NEW YORK, April 25 (Reuters)…
COMMENTARY: Why Congress’s New Budget Should Eliminate All IRA “Tax Credits” – Alex Epstein
By Alex Epstein Congress’s new budget should eliminate all IRA “tax credits” because: They are subsidies They promote inferior energy They raise energy costs They make energy unreliable They increase…
