Surprise Crude Oil Inventory Build Ends 5-Week Draw Streak
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, this…
Trump Dispatches Vance to Hill to Secure GOP Votes for Tax
(Bloomberg) — Vice President JD Vance and Senate Republican leaders worked late Saturday to persuade reluctant holdouts to…
Israel Orders Reopening of Biggest Gas Field After Ceasefire
(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce with…
Oil Jumps on Significant Crude, Product Inventory Slide
By Julianne Geiger – Jun 25, 2025, 9:46 AM CDT Crude oil inventories in the United States fell…
US Crude Oil Inventories See Another Sharp Draw
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time…
Shipping on High Alert in Mideast After US Strikes on Iran
(Bloomberg) — The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate…
Japan Boosts Effort to Curb Methane Leaks From LNG Supply
(Bloomberg) — Japan is strengthening efforts to curtail methane emissions from liquefied natural gas as it sticks with…
US Crude Oil Inventories See Sharp Drawdown, Bolstering Market Confidence
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133…
Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
(Bloomberg) — Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos…
Trump Plans Biofuel Quota Boost, Seeks to Crimp Imports
(Bloomberg) — The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year,…
European Banks With Russian Units Help Keep Natural Gas
(Bloomberg) — Western banks including Raiffeisen Bank International AG that still operate units in Russia are helping some…
Gasoline, Distillate Builds Spook Oil Markets
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week,…