Trump Says Iran Has Taken Too Long to Negotiate, Will ‘Pay the Price’
U.S. President Donald Trump on Wednesday said Tehran has taken too long to negotiate a deal and would now “have to pay the price” after Iran and the United States…
US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says
(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, driven by AI-hungry data centers and electrification, the…
Oil Inventories Headed Toward Multi-Decade Lows, US EIA Warns
(Reuters) – Oil stockpiles in the world’s largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due to…
US Natgas Output and Demand to Hit Record Highs in 2026, EIA Says
(Reuters) – U.S. natural gas supply and demand will both rise to record highs in 2026, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA…
Devon Energy provides Full-Year Forecast After Merger With Coterra Energy
June 9 (Reuters) – Devon Energy (DVN.N) on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000…
US Energy Secretary Says Ship Traffic Through Strait of Hormuz Rising ‘Very Meaningfully’
(Reuters) – U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic through the Strait of Hormuz is rising “very meaningfully” as the conflict with Iran continues. “I would…
New York State’s Electricity Reserves are Shrinking, Grid Operator Says
(Reuters) – Electricity supplies in New York have shrunk over the last five years, leaving one of the most populous U.S. states at risk of falling short of the energy…
Oil Inventories are Headed Toward Multi-Decade Lows, US EIA Warns
NEW YORK, June 9 (Reuters) – Oil stockpiles in the world’s largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at…
Permian Strategic Partnership Highlights $2.3 Billion in Regional Investment and Expanding Economic Impact Across the Permian Ba…
New reports show the Permian Basin supports more than 940,000 U.S. jobs, generates billions in state revenue, and continues driving American energy leadership. Get the Latest US Focused Energy News…
Oil Falls as Investors Await Clarity After Iran-Israel Halt Attacks
Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President…
