COMMENTARY: Trump’s Embrace of Oil Industry is Turning Into an Awkward Grip

A drone view of a drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Phot (Reuters) – President Donald Trump has lavished the U.S. oil industry with favourable policies…

Oil Steadies as Investors Assess US Tariff Threats Over Greenland

Summary US threatens tariffs on European states over Greenland China reported better-than-expected Q4 GDP data China reported higher crude oil output for 2025 Brent, WTI prices edge lower (Reuters) –…

US Natural Gas Jumps on Colder Outlook for Last Week of January

By US natural gas futures jumped as the weather outlook for late January shifted colder, with blasts of Arctic air set to sweep the eastern part of the country, raising…

Trump Is Pushing Gas to Power AI Boom, But Building Plants Takes Years

To speed the construction of new energy plants, the Trump administration called for an emergency power auction. They favor gas, coal and nuclear. By When the Trump administration called Friday…

Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium

Oil prices fell 1% on Monday, reversing the previous session’s gains, as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the…

Judge Says Dominion Energy Can Resume Wind Project U.S. Halted

The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million…

US Moving Fast to Expand Chevron’s Venezuela License – Energy Secretary Wright

Summary Chevron’s export capacity from Venezuela could increase with new license terms US aims to sell Venezuelan oil at higher prices post-Maduro Funds from oil sales may eventually move to…

Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack

(Reuters) – Oil prices were little changed on Monday, after rising in the previous session, as Iran’s deadly crackdown on protests quelled the civil unrest in the country, reducing the…

Oil Prices Settle Up as US Begins Holiday Weekend

Summary Benchmark prices hit multi-month highs this week Underlying balance still points to ample supply, says analyst Potential new supply from Venezuela limits price gains (Reuters) – Oil prices settled…

White House Seeks Emergency Power Auction for Largest US Electric Grid

Summary Companies Governors, Trump administration sign two-year price cap deal for future PJM power auction PJM grid covers 67 million people in 13 mid-Atlantic and inland states Rising power bills…