US Crude Stocks Fall, Fuel Inventories Rise, EIA Data Shows

(Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 5.1 million barrels to…

US LNG Natural Gas Demand Nears Record Level

HOUSTON, Nov 29 (Reuters) – Gas demand from the U.S. largest liquefied natural gas producers soared on Friday to near-record levels on cooler weather and fewer outages, according to preliminary…

More U.S. LNG is Needed to Curb Asia’s Surging Coal Use – Study Finds

SINGAPORE–(BUSINESS WIRE)– Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new…

Oil Rises on Upbeat China Data, Shaky Israel-Lebanon Ceasefire

Summary Brent, WTI rise 1% China’s factory activity expands in November OPEC+ shifts oil policy meeting to Dec. 5 from Dec. 1 Dec 2 (Reuters) – Oil prices rose more…

Trump’s Low Oil Price Promise is a Risk and a Boon for Emerging Markets

Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo…

US Sets Tariffs for Solar Panels from Southeast Asian Nations

Summary Companies Malaysia, Cambodia, Vietnam, Thailand imports at issue Most solar panels installed in the US are made overseas Nov 29 (Reuters) – U.S. trade officials announced on Friday a…

US LNG Exports to Europe Surge in November on Higher Prices

By Most exported to Europe at higher prices Production could go even higher in December UK was major player in the market HOUSTON, Dec 2 (Reuters) – U.S. LNG exports…

US Natgas Storage Volumes Highest Since 2016 as Winter Heating Season Starts, EIA Says

The United States started the winter heating season with the highest levels of natural gas in storage since 2016, the U.S. Energy Information Administration said on Monday. Working natural gas…

U.S. Natgas Drops Nearly 5% on Forecasts for Less Cold Demand, Rising Output

Front-month gas futures for January delivery on the New York Mercantile Exchange were down 15.2 cents, or 4.5%, at $3.21 per million British thermal units at 9:23 a.m. EST (1423…

Duke Pauses Assessment of US Energy Loan Program Ahead of Trump Administration

NEW YORK, Dec 2 (Reuters) – Duke Energy (DUK.N) is pausing its assessment of certain U.S. energy infrastructure improvement loans, citing uncertainty over the future of funding under the Trump…