The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November, extending the timing of Continue Reading
U.S. gasoline prices fell for the fourteenth week in a row, according to a Monday note from GasBuddy. The national average gallon of regular gasoline fell 3.9 cents from a Continue Reading
As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. While natural gas prices in the United States fell after Continue Reading
Hurricane Fiona struck Puerto Rico’s southwest coast on Sunday as it unleashed landslides, knocked the power grid out and ripped up asphalt from roads and flung the pieces around. Forecasters Continue Reading
Highlights Port of Long Beach volumes edge higher against Los Angeles Asia-USWC freight rates down 19% on week USEC volumes remain strong while ports grapple with vessel backups US West Continue Reading
Wil VanLoh, head of private equity group Quantum Energy Partners: “there’s no bailout coming”, U.S. producers cannot pump a lot more. U.S. shale executives aren’t expecting major production increases in Continue Reading
U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with Continue Reading
Africa, which is home to many of the most climate-vulnerable countries, needs to make its fair share of efforts to reduce global emissions and curb temperature rise, the U.S. Special Continue Reading
The White House on Thursday morning announced it had reached a “tentative” agreement to avert a national rail strike that had threatened the nation’s economy. President Biden said in a Continue Reading
The U.S. Bureau of Labor Statistics has released a report showing the second consecutive monthly drop in producer prices, prompted by steadily declining gasoline prices. The Producer Price Index (PPI) Continue Reading
