Oil Steadies as US-Iran Talks Offset US Tariff Uncertainty
Summary Brent benchmark remains close to six-month highs Iran and US to hold third round of talks on Thursday Trump’s latest tariff measures rekindle economic uncertainty (Reuters) – Oil prices…
US Supreme Court to Hear Exxon Bid for Compensation From Cuba
Summary Exxon oil and gas assets in Cuba were seized in 1960 Energy giant seeks compensation from Cuban entities Court will hear second case involving cruise lines A US law…
US LNG Export Surge and Soft China Demand Meet Record European Imports: Russell
Spot prices for liquefied natural gas (LNG) in Asia have drifted lower despite solid demand in the top-consuming region and record imports by Europe. Throw in tensions in the Middle…
Goldman Raises Q4 Oil Price Outlook on Lower OECD Stocks
(Reuters) – Goldman Sachs raised its Brent and West Texas Intermediate crude forecasts for the fourth quarter of 2026 by $6 to $60 and $56 respectively, citing lower OECD stocks,…
Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters
Summary Oil prices hold near six-month high Strait of Hormuz supply risk fears US Supreme Court decision on tariffs has little effect on crude Traders and investors bet on rising…
Trump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows Unchanged
The U.S. Supreme Court’s Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and…
TXNM Energy Gets FERC Approval for $11.5 Billion Blackstone Deal
(Reuters) – TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company’s acquisition by Blackstone Infrastructure. Get the Latest US Focused Energy News Delivered to…
US Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot Crash
Summary Judge says evidence at trial supported verdict Autopilot-equipped Model S crashed into victims Tesla not available for comment, expected to appeal Feb 20 (Reuters) – A federal judge rejected…
US Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for a second week in a row, energy services firm Baker Hughes said…
ConocoPhillips Considers Selling Permian Assets Worth $2 Billion, Bloomberg News Reports
(Reuters) – ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, Bloomberg News reported on Friday, citing people…
