Gasoline, Distillate Builds Spook Oil Markets
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week,…
Taiwan Official Discusses US Energy Cooperation at Alaska
(Bloomberg) — Taiwan’s top presidential aide discussed energy cooperation with US officials at a summit this week in…
Stocks Climb After Jobs Report Amid US-China Hopes: Markets
(Bloomberg) — Stocks headed toward their highest since February and bond yields rose as jobs data allayed concerns…
Canadian Wildfires Force Oilsands Evacuations, Stop Oil
(Bloomberg) — Raging Western Canadian wildfires that have forced thousands of people from their homes are now also…
Stocks Bounce From Lows on US-China Trade Hopes: Markets
(Bloomberg) — A renewed bout of volatility gripped stocks in the last stretch of the month, with the…
Record Refining Helps Saudi Oil Income amid Crude Price Decline
Saudi Arabia’s oil revenues have been suffering from the oil price slump during the second quarter. But there’s…
Oil Bulls Cheer A US Inventories See Surprise Draw
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by…
Australia Lets Biggest LNG Plant Run to 2070 in Climate Blow
(Bloomberg) — Australia gave preliminary approval to extend the life of its biggest and oldest liquefied natural gas…
Colombia’s Shrinking Gas Reserves Intensify Push Toward
(Bloomberg) — Colombia’s natural gas reserves fell to the lowest since at least 2007, putting pressure on the…
Stocks Rise on Trump’s Tariff Delay; Dollar Wavers: Markets
(Bloomberg) — European stocks climbed along with US equity futures after President Donald Trump extended a deadline on…
US Plans Chevron License for Minimum Upkeep in Venezuela
(Bloomberg) — The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the…
GOP Ends Clean Energy Credits Years Earlier in Revised Bill
(Bloomberg) — Tax incentives for clean electricity production are set to end years earlier then initially proposed in…