US Oil Exports Seen Rising as WTI Discount to Brent Hits Widest in 11 Years
By and U.S.-Israeli war on Iran disrupts Middle East oil supply Brent gains outpace WTI due to Mideast infrastructure attacks US to release172 million barrels to tame prices, pressuring WTI…
COMMENTARY: Latest Oil Crisis Readies Hammer for Demand Curve
By NEW YORK, March 18 (Reuters Breakingviews) – It took two Middle East oil shocks for the world to really focus on energy efficiency. The result was a multi-decade, steady…
COMMENTARY: Assessing Energy Security in Europe, US and China as Iran Crisis Drags On
By LITTLETON, Colorado, March 18 (Reuters) – As the U.S.-Israeli war against Iran heads towards its fourth week, pressure is mounting on major economies dependent on fossil fuels to keep…
Brent Crude Oil Price Jumps After Attack on Iran’s South Pars Field
Summary Oil exports resume Wednesday amid security, economic challenges US crude stocks rose last week, sources cite API data Brent futures above $100 as no sign of war de-escalation (Reuters)…
US Oil Loan From Emergency Reserve Depends on Stiff Premiums
A U.S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve depends on energy companies returning oil back…
US Drivers Face Long-Term Pain at Pump, Analysts Say; Trump Bets They are Wrong
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: US EIA lifts forecast for average 2026 crude price by 37% EIA’s average gasoline price estimate for…
PERSPECTIVE: China’s Economic Hand Quietly Strengthens as Trump Hogs Spotlight: McGeever
By Jamie McGeever (Reuters) – With much of the world’s focus this year fixed on U.S. President Donald Trump’s controversial foreign policy agenda, many may have missed China’s quiet –…
BP Locks Out Union Workers at its Midwest Refinery
BP locks out union workers at its Midwest refinery BP on Tuesday said it will lock out approximately 800 United Steelworkers members from its 440,000 barrel-per-day Whiting, Indiana, refinery starting…
Why Oil-Spooked Markets May be Wrong About the Fed: Joachim Klement
Markets on edge about the Iran-war-driven oil shock are extrapolating today’s stress far into the future – and may thus be badly misjudging how dovish the Federal Reserve will be…
Oil Tankers ‘Starting to Dribble Through’ Strait of Hormuz, Says White House
(Reuters) – Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser…
