Gasoline Stocks Plummet, Prices Climb with Peak Demand Season Around the Corner
(Reuters) – U.S. drivers can expect another spike in gasoline prices in the coming days, just as the summer driving season gets underway, as the conflict in Iran drives oil…
US Oil Stocks Plummet, Country Becomes Net Crude Exporter on Weekly Basis for First Time, EIA Says
By and Brent, WTI futures extend gains after report US crude exports hit record 6.44 million bpd, driving inventory drawdowns Gasoline and distillate stocks fall sharply ahead of US driving…
Ares to Acquire Rover Natgas Pipeline Stake from Blackstone
(Reuters) – Ares Management said it has acquired a stake in the Rover natural gas pipeline from a unit of fellow investment firm Blackstone for an undisclosed sum, as interest…
Trump Urges Iran to Sign a Deal After Report Suggests US May Extend Blockade
(Reuters) – U.S. President Donald Trump on Wednesday urged Iran to ‘get smart soon’ and sign a deal, following days of deadlock in efforts to end the conflict and a…
Biggest US Grid Operator to Begin Processing New Power Plant Projects
(Reuters) – The largest U.S. power grid operator – PJM Interconnection – said on Wednesday that it will begin processing new power plant applications this week after working through a…
Phillips 66 Posts Surprise Profit on Higher Refining Margins
(Reuters) – Phillips 66 posted a surprise first-quarter profit on Wednesday, as higher refining margins helped it offset steep losses tied to volatile commodity prices. U.S. Gulf Coast refiners are reaping…
Oil Prices Up Over 3% Over Concerns About Prolonged Hormuz Disruption
Summary Benchmarks on multi-day rally amid Strait of Hormuz closure UAE OPEC exit unlikely to boost near-term supply, analysts say US to extend Iran port blockade, WSJ says US crude…
Trump Meets With Oil Executives as Iran Stalemate Drags On
(Reuters) – U.S. President Donald Trump and his top officials met with oil and gas executives including Chevron CEO Mike Wirth at the White House on Tuesday to discuss the energy…
US Signs Energy and AI Deals With Balkan Countries as Its Influence Widens
By Reuters (Reuters) – The United States and U.S. companies signed deals worth billions of dollars with Balkan countries on Tuesday, boosting Washington’s energy presence in the region and backing AI…
US Pump Prices Near 4-Year High on Iran War Disruption, Refinery Outages
Summary Gasoline prices have climbed over 40% since late February, AAA data shows Unplanned refinery outages in April totaled about 150,000 barrels per day Retail prices may need to rise…
Philippines To Add 422 MW Floating Solar Capacity Through $406 Million SunAsia-VinEnergo Partnership
