US Natgas Climbs More Than 3% on Cold Weather Forecast, Set For Monthly Gain
(Reuters) – U.S. natural gas futures climbed more than 3% on Friday and were on track for a monthly gain, driven by forecasts for colder weather that should boost heating…
Oil Settles Down as Ease of Supply Risks Drives Weekly Loss
Summary U.S. crude stockpiles fell more than expected this week Analysts cite outlook for looser 2025 supply and demand balance OPEC+ shifts meeting to Dec. 5, could further delay output…
Trump Discussed Border, Trade with Canada’s Trudeau After Pledging Steep Tariffs
That pledge has raised fears of a trade war between the U.S. and two of its biggest trading partners. Mexico President Claudia Sheinbaum warned this week that Trump’s tariff plan…
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 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…
BP Looks Forward to Growth in US Under Trump
BP CEO Murray Auchincloss BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand. “We look…
Trump Inflation on the Way: Trump’s Proposed Tariffs on Canadian Oil Would Drive Up U.S. Pump Prices, Analysts Warn
Summary Tariffs could raise US fuel prices by 10%, analysts say Many refineries configured to run heavy Canadian grades Midwest refineries most reliant on Canadian crude imports Gulf Coast refiners…
Oil Up as Israel Says Ceasefire Violated, OPEC+ Delays Meeting
Summary Israel says ceasefire with Hezbollah violated OPEC+ delays meeting to Dec. 5 from Dec. 1 US gasoline stocks showed surprise increase last week Oil prices remain depressed by low…
US Drillers Cut Oil and Gas Rigs for Third Week in a Row – Baker Hughes
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early…
Trump’s Oil and Gas Math Fails to Add Up
There is a certain mental model of the US energy system that envisions a giant valve hidden beneath the Resolute Desk. The notion that the president can smoothly dial energy…
