Microsoft in Talks With Chevron, Engine No. 1 Over $7 Billion Texas Power Plant
By and Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West…
Trump Speech Unleashes More Pain on US Consumers With $5 Gasoline, Record Diesel in Sight
(Reuters) – U.S. President Donald Trump’s address to the nation on Wednesday, in which he vowed more aggressive strikes on Iran, has put consumers on course for record fuel prices…
Oil Prices Jump Over 7% After Trump Says Attacks on Iran Will Continue
Summary Brent, WTI set for biggest absolute, percentage jumps in 3 weeks Trump speech did not clarify when Hormuz might reopen (Reuters) – Oil prices climbed nearly 7% on Thursday…
Takeaways From Trump’s speech on Iran
President Donald Trump staunchly defended his handling of the month-old, U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of its mission…
Investor Reactions to Trump’s Speech on Iran War
U.S. President Donald Trump told the nation in a televised speech on Wednesday night that the U.S. military had nearly completed the goals it had set out to accomplish in…
US LNG Exports Break Record High as Middle East War Disrupts Global Supply
(Reuters) – U.S. exports of liquefied natural gas rose to an all-time high in March as plants ran above nameplate capacity and new units started up, preliminary data from financial…
US Natural Gas Supply Outlook Hinges on Three Key Shale Basins: Maguire
(Reuters) – Natural gas touches almost every corner of the U.S. economy, fuelling power plants, homes, factories and the booming LNG export sector. But the supply needed to meet all…
Trump Tells Allies to Fight for Jet Fuel or Buy From the U.S.
By Magan Crane and Jack Wittels United States President Donald Trump lashed out at allies for not supporting the U.S. war in Iran, arguing Washington will not fight for their…
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIA
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 5.5 million barrels to 461.6…
US Gulf Coast Tanker Market Tightens as Asia Seeks to Replace Lost Supply
(Reuters) – Oil tanker availability along the U.S. Gulf Coast has dropped sharply in recent weeks, as Asian and European refiners cut off from Middle Eastern supply have been snapping…
