Oil Steady as Tariff Uncertainty Keeps Investors on Edge
Summary • WTI and Brent benchmarks register multiple weekly declines• IEA and OPEC monthly reports expected this week• Saudi Aramco cuts crude prices to Asia LONDON, March 10 (Reuters) –…
UAE’s Adnoc Seeks Deals for Gas Fields in Major US Push
Abu Dhabi National Oil Co. is seeking to buy its first natural gas producing fields in the US to deepen its presence in the country. Summary by Bloomberg AI Adnoc’s…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chief Says
Wright, who also serves as the vice-chair of the White House’s National Energy Dominance Council, declined to provide specifics of the proposal other than to say the “general mechanism” of…
Trump’s Offshore Wind Review to Consider Status of Projects
The Trump administration is reviewing offshore wind projects, with different treatment for projects under development versus those that are proposed. Summary by Bloomberg AI The review is considering the “necessity…
How Natural Gas Became America’s Most Important Export
Ripping up old alliances and turning the post-World War II axis on its head would have been impossible for any previous American president because of the insatiable US thirst for…
US Natural Gas Prices Climb on Cold Weather, Supply Concerns Ahead of Summer
Front-month gas futures for April delivery on the New York Mercantile Exchange were up 9.7 cents, or 2.3%, to settle at $4.399 per million British thermal units (mmBtu). The contract…
US Drillers Cut Oil and Gas Rigs for First Time in Six Weeks – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said…
Top Oil Executives Reckon With Downturn Even as Trump Cheers Them On
The world’s energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. administration encourages…
Oil Up, But Off Highs as Trump Warns New Russia Sanctions Possible
Summary • Brent and WTI fall more than 3% over the week• Trade war risks and OPEC+ supply increase weigh on market HOUSTON, March 7 (Reuters) – Oil prices gained…
US Mulls How to Ease Russia Energy Sanctions Quickly if War Ends, Sources Say
(Reuters) – The U.S. government is studying ways it could ease sanctions on Russia’s energy sector as part of a broad plan to enable Washington to deliver swift relief if…
