U.S. Imports Of Russian Oil Expected To Soar After Hurricane Ida
The United States is set to import more Russian oil this month and next, sources familiar with the matter told Bloomberg , as American supply of medium sour crudes is Continue Reading
U.S. loans Exxon another 1.5 million barrels of oil from emergency reserve
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo WASHINGTON, Continue Reading
Natural Gas Excluded in Democrats’ Budget Plan for Clean Energy
Natural gas won’t count as clean energy under a House Democratic plan that would eventually rid the electric grid of carbon and is part of the $3.5 trillion tax-and-spending package Continue Reading
Hurricane Ida’s Destruction Adds to Car Market’s Woes
The flooding damage wrought by Hurricane Ida last week is expected to send car owners back to dealerships to replace vehicles. The timing couldn’t be worse. For much of this Continue Reading
US-Iran nuclear talks enter ‘make-or-break’ month as 1.7 mil b/d hangs in balance
Highlights US envoy presses EU, Russia to help revive stalled talks Platts Analytics still sees deal for sanctions relief by December Collapse or further delay sets up tight oil market Continue Reading
Mexico Lowers Pemex Oil Output Forecast After Platform Woes
Mexico cut its forecast for oil production at Petroleos Mexicanos next year and reduced its tax burden after a string of accidents at offshore platforms signaled the highly indebted state Continue Reading
Biden solar energy goals may depend on Ohio factory
On the outskirts of Toledo, a short drive from Interstate 90, thousands of glass panels rumble along assembly lines at a factory that will help determine whether the Biden administration Continue Reading
U.S. economy “downshifted slightly” in August -Fed’s Beige Book
The U.S. economy “downshifted slightly” in August as the renewed surge of the coronavirus hit dining, travel and tourism, the Federal Reserve reported Wednesday, but the economy overall remained in Continue Reading
Three-quarters of U.S. Gulf of Mexico oil output remains shut
More than three-quarters of the U.S. Gulf of Mexico’s offshore oil and natural gas output remained shut on Wednesday as the fallout from Hurricane Ida continued to hamper production. Some Continue Reading
COVID-19 surge in the US: The summer of hope ends in gloom
In this Aug. 17, 2021, file photo, patient with COVID-19 on breathing support lies in a bed in an intensive care unit at the Willis-Knighton Medical Center in Shreveport, La. Continue Reading