Oil Climbs Over $1 a Barrel on OPEC Action, Ukraine Attack
By Brent, WTI rise more than 1% Ukraine drone attacks hit tankers carrying Russian oil HOUSTON, Dec 1 (Reuters) – Oil prices rose more than 1% on Monday following drone…
US LNG Exports Hit Record High in November on Cooler Weather, Strong Output
(Reuters) – U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler weather and robust output from the country’s two…
Amber Energy Plans to Hold on to Citgo Refineries After Takeover
By Sale, expected to close in 2026, needs OFAC approval Citgo’s refineries provide stable earnings throughout the year Amber expected to shake up Citgo’s board Some contractors might become permanent…
Targa to Buy Rival Permian Pipeline Operator for $1.25 Billion
By Natural gas pipeline operator Targa Resources Corp. reached a deal to buy smaller rival Stakeholder Midstream for $1.25 billion in cash. The move expands Houston-based Targa’s ability to ship…
COMMENTARY: Europe’s Drilling Comeback Challenges US Energy Pledges
By LONDON, Dec 1 (Reuters) – European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek…
There’s Too Much Oil. Who Are the Winners and Losers?
Oil prices have been falling as the market faces the prospect of a growing surplus. This year is set to culminate in the first major glut since 2020. The International…
Swelling Supply to Keep Oil Prices Under Strain in 2026
U.S. crude is projected to average $59.00 per barrel, below last month’s expectation of $60.23. Get the Latest US Focused Energy News Delivered to You! It’s FREE: “The crude oil…
Oil Rises on Supply Worries
Summary Brent, WTI rise 2% CPC halts exports after a major drone attack OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026 (Reuters) – Oil…
Oil Falls on Drawn-Out Ukraine Peace Talks, All Eyes on Upcoming OPEC+ Meeting
Summary CME system resumes trading after outage Brent, WTI in longest monthly losing streaks since 2023 US crude production hit monthly high in September, EIA says (Reuters) – Crude futures…
Swelling Supply to Keep Oil Prices Under Strain in 2026
U.S. crude is projected to average $59.00 per barrel, below last month’s expectation of $60.23. Get the Latest US Focused Energy News Delivered to You! It’s FREE: “The crude oil…
