Oil Prices Steady on Easing Middle East Risks

Summary Benchmarks poised for repeat monthly gains of more than 5% OPEC+ plans could smother any upside in prices, says analyst Global demand outlook remains uncertain (Reuters) – Oil prices…

Canada Trumped by Trump! Canada Rescinds Digital Services Tax to Advance Stalled US Trade Talks

Summary Canada halts digital service tax collection slated for Monday Canada hopes for economic deal with US by July 21 Trump had threatened more tariffs over tax (Reuters) – Canada…

Japan Auto Trade ‘Unfair’, Could Buy More US Oil, Trump Tells Fox News

Tokyo is scrambling to find ways to get Washington to exempt Japan’s automakers from 25% automobile industry-specific tariffs, which are hurting the country’s manufacturing sector. Japan also faces a 24%…

World Shares Hover Near Record Highs as US-Canada Trade Talks Revived

World shares held just below recent record highs on Monday as the revival of U.S./Canada trade talks helped risk sentiment, while the dollar dipped on the prospect of this week’s…

US Energy Firms Eye New Northeast Natgas Pipelines, Buoyed by Trump and Demand Outlook

The Appalachia shale fields, which cover the Marcellus and Utica formations, have the largest gas reserves in the U.S., but energy companies have limited ability to move more of that…

California’s Gasoline Crisis Was Manufactured—Now They’re Pretending to Fix It

California’s politicians want you to believe they’re trying to rein in sky-high gas prices. They’re not. What’s really happening is years of restrictive policies and overregulation are finally catching up…

Australia’s East Coast Faces Unexpected Gas Shortage

The east coast of Australia is facing natural gas shortages earlier than previously expected, the country’s competition watchdog has warned, noting the market could swing into a deficit as early…

Equinor Makes Oil Discovery At Massive Arctic Field

Equinor has made an oil discovery near Johan Castberg, which could boost reserves at the giant field in the Arctic Barents Sea.   Equinor, whose Johan Castberg field has recently reached…

EIA Reveals Latest USA Oil, Gas Proved Reserves Figures

The U.S. Energy Information Administration (EIA) revealed its latest U.S. crude oil and natural gas proved reserves figures in a report posted on its site recently. According to the report,…

Zelestra Raises $282 Million In Green Financing to Power 1 GWh Battery Energy Storage Systems And 220 MWdc Solar Project In Chile

Zelestra, a global renewable energy company known for its multi-technology approach and customer-centric solutions, has reached Financial Close for its Aurora project in Chile. The project is backed by a…