American Energy Snapshot: The Anatomy of a $4 Billion Lease Sale
By Last week, something big happened in the U.S. oil and gas industry. In southeastern New Mexico, the federal government held the largest onshore oil and natural gas lease sale…
US Crude, Fuel Inventories Fell Last Week, EIA Says
(Reuters) – U.S. crude, gasoline and distillate stockpiles fell last week, the Energy Information Administration said on Thursday, as demand jumped. Crude inventories fell by 3.3 million barrels to 441.7…
US Natgas Prices at Waha Remain Negative but Rise to 16-Week High as Pipeline Constraints Ease
U.S. spot natural gas prices for Thursday at the Waha Hub in West Texas rose to their highest since early February – while remaining in negative territory – as demand…
Trump Fed Pivot Raises Dollar-Policy Doubts Too: Mike Dolan
Reuters If Donald Trump is indeed backing off and allowing the Federal Reserve to do what it needs to do, then the U.S. president may have to park his administration’s…
Oil Rises After Iran and US Trade Airstrikes
Summary US crude stockpiles fall for sixth week, API data shows Iran’s Revolutionary Guards strike US airbase after US attack in Bandar Abbas Two supertankers exit Strait, heading to India…
US Carries Out New Strikes in Iran Against Military Site, Official Says
The U.S. military carried out new strikes overnight in Iran targeting a military site that officials believed posed a threat to U.S. forces and commercial maritime traffic in the Strait…
API Shows US Crude Stocks Fell for Sixth Straight Week, Fuel Inventories Also Drop, Sources Say
New York, May 27 (Reuters) – U.S. crude oil inventories fell for a sixth straight week last week, according to market sources citing American Petroleum Institute data released on Wednesday,…
Oil From US Emergency Reserve Heads to California for the First Time, Kpler Says
(Reuters) – A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler said. The unusual movement…
Exxon Wins Shareholder Backing for Legal Move to Texas
(Reuters) – Exxon Mobil shareholders on Wednesday approved the company’s plan to redomicile in Texas, marking a win for the top U.S. oil producer after two leading proxy advisory firms…
American Airlines Sees Resilient Demand Cushioning Fuel-Price Hit
By and American sticks to 2026 profit outlook despite fuel-price jump Isom says premium, corporate and leisure demand remain strong Spirit exit, premium-seat growth support revenue outlook CHICAGO, May 27…
