SLB Provides Update on Middle East Operations and First Quarter Outlook
HOUSTON–(BUSINESS WIRE)–SLB (NYSE: SLB) continues to closely monitor the unfolding situation in the Middle East and adapt its operations. The safety and security of SLB’s employees is the highest priority,…
Oil Shrugs Potential IEA Reserves Release, Gains on Supply Worries
Summary WSJ reports IEA proposed largest-ever release of oil reserves France to host G7 leaders call on Wednesday U.S. crude, gasoline and distillate stocks fell last week March 11 (Reuters)…
Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured Maduro
(Reuters) – International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.S. capture of President Nicolas Maduro in January,…
US Natgas Output to Hit Record High in 2026, While Demand Declines, EIA Says
(Reuters) – U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its short-term energy outlook on…
Brent to Trade Above $95 for Next Two Months on Iran War, EIA Says
By , and HOUSTON, March 10 (Reuters) – Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies,…
Higher Gasoline Prices, Volatile Stocks, Could Hit Both Low- And High-Income US Consumers as War Persists
By Gas prices rise, stocks volatile amid US-Iran conflict Lower-income households may cut spending, affecting businesses Fed faces challenge balancing inflation and growth amid conflict WASHINGTON, March 10 (Reuters) –…
Exxon Looks to Ditch New Jersey Incorporation for Texas Homecoming
Summary Exxon is latest high-profile company moving to Texas for business-friendly environment New Jersey sued Exxon and others over climate change; suit dismissed Incorporation in Texas may aid Exxon in…
Oil Sinks 7% as Trump Predicts Middle East De-Escalation
Summary Oil prices fall after topping $119 a barrel on Monday Trump predicted the war in the Middle East could be over soon G7 ready to act on oil surge…
Back to the 1970s? Investors Brace for a Return of Stagflation
(Reuters) – Investors are now seriously considering the possibility that war in the Middle East could create a stagflationary shock, just as it did 50 years ago, when disruption to…
How Might Trump Combat the Spike in Oil Prices?
(Reuters) – U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices, which have soared to the highest level since…
