Trump Says Iran’s Leaked Deal Terms are Untrue
(Reuters) – U.S. President Donald Trump denied on Friday that the United States has made major concessions to Iran and a senior U.S. official called an emerging pact “performance-based” with…
Exxon Mobil Evaluates Potential Buyout of Australia Woodside Energy, Bloomberg News Reports
(Reuters) – Exxon Mobil Corp is exploring potential acquisition targets, including Australia’s Woodside Energy Group, Bloomberg News reported on Friday, citing people familiar with the matter. Any move for Woodside…
Chevron Continues to Look at New Opportunities in Middle East, CEO Says
(Reuters) – Chevron is continuing to look at new opportunities in the Middle East and may have more exposure to the region in the future, Chief Executive Officer Mike Wirth…
Tired of Chaos, Investors Retreat From Oil Market at Record Pace
(Reuters) – The extreme volatility of global oil prices has drained liquidity from the market this year at the fastest pace on record, as investors have become increasingly wary of…
Iran Deal Very Close, Signing Possible in Coming Days, US Official Says
(Reuters) – The United States and Iran are not quite at the finish line, but are very close to a deal to resolve their conflict, a senior U.S. official said…
US Energy Firms Cut Rigs for First Time in Eight Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms cut the number of rigs operating for the first time in eight weeks, energy services firm Baker Hughes said in a closely followed report on…
US Refiners Can Still Absorb More Venezuelan Crude, Energy Secretary Wright Says
(Reuters) – U.S. refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said Friday at an event at Port Houston. Venezuela is sending about half of its total…
Oil Falls to Near Two-Month Lows as Trump Calls Off Threatened Strikes on Iran
Summary Upside risks remain, seasonal demand could lift prices, analysts say OPEC lowers 2026 oil demand growth forecast to 970,000 bpd, raises 2027 demand growth LONDON, June 12 (Reuters) –…
US Summer Driving Season Hits as Gasoline Supplies Squeezed Tight
US summer driving season hits as gasoline supplies squeezed tight (Reuters) – U.S. vacationers are barreling into peak summer driving season just as the gasoline market faces a supply crunch,…
Trump Cancels Strikes Against Iran Planned for Thursday Evening
(Reuters) – U.S. President Donald Trump said he hascanceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island.…
