USA Fuel Exports Set to Accelerate
Demand for road fuel is increasing in Brazil and Mexico. (Bloomberg) — Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in Continue Reading
U.S., Iran make progress in indirect talks but as sixth round begins final agreement still elusive
Iran and the United States have made progress on virtually every issue under discussion in indirect meetings over the past two months. But as they began a sixth round of Continue Reading
Average US price of gas rises 2 cents per gallon to $3.13
The average U.S. price of regular-grade gasoline rose 2 cents to $3.13 per gallon over the past three weeks. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that Continue Reading
US Congress unlikely to block new Iran deal, oil sanctions relief: analysts
Highlights Latest Republican bill aims to require congressional review Platts Analytics expects US sanctions relief by September Biden not bound by existing congressional review law In the latest attempt to Continue Reading
Biden considers giving refiners relief from U.S. biofuel laws, sources say
President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from Continue Reading
Canada exports less natural gas to US Pacific Northwest despite lower hydro, nuclear
Despite lower hydroelectric output and a nuclear plant outage in the US Pacific Northwest, the region is importing less gas from Canada summer over summer even as Alberta production grows Continue Reading
U.S. Lifts Sanctions on More Than Dozen Former Iranian Officials, Energy Firms
The Biden administration lifted sanctions on three former Iranian officials and several energy companies amid stalled nuclear negotiations, signaling Washington’s willingness to further ease economic pressure on Iran if the Continue Reading
Oil sanctions relief expected to take months after US, Iran reach deal: analysts
Sequencing of JCPOA compliance remains complicated Platts Analytics sees US sanctions relief by September Iran oil output expected to return to capacity next year While oil traders appeared ready June Continue Reading
U.S. Lifts Some Iran Sanctions Amid Stalled Nuclear Talks
The Biden administration lifted sanctions on three former Iranian officials and several energy companies amid stalled nuclear negotiations, signaling Washington’s willingness to further ease economic pressure on Iran if the Continue Reading
U.S. LNG Exports Set For Another Record High This Year
U.S. exports of liquefied natural gas (LNG) are set to surge this year from the already record levels in 2020 as demand in Asia and Europe is high, even in Continue Reading