US Oil Production Fell to an 11-Month Low in January, EIA Data Shows

(Reuters) – U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information…

Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline

(Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt,…

Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say

(Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt,…

Trump’s Russia Oil Tariff Threat Depends on China, India Reaction: Russell

(Reuters) – U.S. President Donald Trump’s threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve…

US Oil Production Fell to an 11-Month Low in January, EIA Data Shows

(Reuters) – U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information…

Trump ‘Pissed Off’ at Putin, Threatens Tariffs on Russian Oil if Moscow Blocks Ukraine Deal

Trump told NBC News he was angry after Putin last week criticized the credibility of Ukrainian President Volodymyr Zelenskiy’s leadership, NBC News reported, citing a telephone interview early on Sunday.…

Is it Just Another Trump Bluff? – Oil Markets Wait to See if Trump’s Russian Oil Tariff Threat is a Bluff

Summary • Trump, mad at Putin, threatens tariffs on buyers of Russian oil• Market would look for OPEC response to any drop in Russian supply, analysts say (Reuters) – Oil…

Oil Prices Steady as Investors Await Trump’s Actions on Russian Oil and Iran

Summary • Oil prices steady, reversing earlier session losses• Trump warns imposing secondary tariffs on Russian oil buyers• Trump threatens Iran with bombing along with further tariffs March 31 (Reuters)…

US to Revoke Authorizations to Foreign Partners of Venezuela’s PDVSA

In recent years, former President Joe Biden’s administration granted the authorizations to secure Venezuelan oil supplies to refineries from Spain to India as exceptions to the U.S. sanction regime on…

US regulators Issue Preliminary Environmental Support for Rio Grande LNG

LNG Tanker The Federal Energy Regulatory Commission issued a preliminary decision on Friday supporting environmental approval for NextDecade’s Rio Grande LNG project in southern Texas. In August, a Washington, D.C.…