Oil Prices Edge Higher as Supply Risks Remain in Focus
Summary Benchmark prices hit multi-month highs this week Significant price volatility remains likely, say BMI analysts Underlying balance still points to ample supply, says Phillip Nova analyst (Reuters) – Oil…
US Energy Chief Says US Getting 30% Higher Price for Venezuelan Oil Than Venezuela Did Weeks Ago
U.S. Energy Secretary Chris Wright said on Thursday the U.S. is getting a 30% higher price for Venezuelan crude oil than Venezuela got before U.S. special forces captured President Nicolas…
US Shale Producers Devon Energy and Coterra Energy in Merger Talks, Sources Say
Devon Energy and Coterra Energy are exploring a potential merger, in a deal that could create one of the largest independent U.S. shale producers, people familiar with the matter said.…
COMMENTARY: Oil Traders Wrestle With Geopolitical Trifecta and Elusive Glut
By LONDON, Jan 15 (Reuters) – Simultaneous geopolitical flare‑ups in Venezuela, Iran and the Black Sea have pushed oil prices to a three‑month high, creating a treacherous environment for investors…
COMMENTARY: Key US Energy, Power Trends at Home and on World Markets
By LITTLETON, Colorado, Jan 15 (Reuters) – Despite all the policy whiplash – or perhaps because of it – the U.S. energy system has started 2026 with more buzz and…
Oil Producers Need Guarantees to Work in Venezuela, Trump Ally Hamm Says
By , , and Shale billionaire Harold Hamm said oil companies need guarantees that their assets won’t someday be seized by Venezuela if they help revive the nation’s crude production.…
Cargill Shipping Boss Says Low Oil Makes It Harder to Cut Carbon
By Weak oil prices are making it harder for the shipping industry to decarbonize, according to the president of commodities giant Cargill Inc.’s freight-trading business. Get the Latest US Focused…
Trump Backs Venezuela Staying in OPEC
President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or OPEC, but added he…
Venezuelan Oil Priced at a Premium to Competing Canadian Barrels for US Gulf Coast Refiners, Traders Say
Venezuelan crude oil was being offered this week to U.S. Gulf Coast refiners at a premium to competing Canadian barrels, two traders said. Venezuelan Merey-16 oil was offered for U.S.…
UP, NOW DOWN – Oil Plunges After Trump Comments Ease Iran Fears
Summary Trump says killings in Iran are stopping Brent, WTI fall over 3% EIA reports sharp rise in US crude and gasoline inventories (Reuters) – Oil prices tumbled more than…
