Trump Calls Out Exxon and Chevron in Probe Over Alleged Gasoline Price ‘Gouging’
Summary Trump names Exxon Mobil and Chevron as part of probe ino gasoline prices US gasoline averaged $3.93 a gallon on Wednesday, AAA data showed US crude prices have fallen…
Iran Peace Deal No Silver Bullet for Fed’s Inflation Dilemma: Mike Dolan
(Reuters) – Peace in the Gulf may ease pump prices, but not the Federal Reserve’s bigger problem: a U.S. economy that may already have been overheating before the Iran war.…
Rubio on Gulf Tour as Allies Sceptical About Iran Deal Seek Answers
(Reuters) – U.S. Secretary of State Marco Rubio held talks with the United Arab Emirates leader on Wednesday during a Middle East tour, seeking to reassure Gulf allies who view…
U.S. Crude Stocks at Cushing Hit Near 12-Year Low, Fuel Inventories Rise, EIA
HOUSTON, June 24 (Reuters) – U.S. crude stocks at Cushing fell to a near 12-year low last week, while gasoline and distillate inventories rose, the Energy Information Administration said on…
US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock
Summary CFOs cut expected US economic growth to 1.8% from 2.1% in quarterly Fed poll Firm-level optimism rose while hiring plans remained steady, the survey showed Firms saw little hit…
Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive…
Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply
(Reuters) – Physical crude oil cargoes are selling at discounts across the globe, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to…
Trump Administration, Qatar Say EU Methane Rules Threaten Energy Security
By Ruth Liao, Ewa Krukowska, and Petra Sorge The US, Qatar and other natural gas exporters are urging the European Union to ease some of its pending methane emissions rules,…
California Threatens to Sue Trump Administration Over Offshore Wind Cancellation
June 23 (Reuters) – California Attorney General Rob Bonta sent a notice of intent to sue the Trump administration over its deal earlier this year to cancel an offshore wind…
Trump Insists Iran Has Agreed to Nuclear Inspections
(Reuters) – U.S. President Donald Trump insisted on Tuesday that Iran has agreed to allow nuclear inspections long into the future, despite statements from Iran that it has not done…
