Ukraine’s defense minister said his country has “passed the test” with its successful use of recently delivered American long-range artillery systems, but stressed the high attrition rate along its extensive Continue Reading
U.S. natural gas futures dropped about 4% on Friday after soaring over 14% in the prior session on a slow rise in output and forecasts for less demand next week Continue Reading
U.S. refiner Citgo Petroleum is willing to resume imports of Venezuelan crude, suspended since 2019 by Washington’s sanctions on its parent company PDVSA, if the U.S. government authorizes the flow, Continue Reading
China’s support for Russia’s war in Ukraine is complicating U.S.-Chinese relations at a time when they are already beset by rifts and enmity over numerous other issues, U.S. Secretary of Continue Reading
U.S. crude oil production slid in April by about 0.5% to its lowest since February, according to a monthly report from the U.S. Energy Information Administration on Friday. Oil production Continue Reading
Payrolls rose 372,000 in June, in line with prior months’ pace Participation rate eases as more Americans left labor force US Added 372,000 Jobs in June, Topping Estimates Sign up Continue Reading
Texas grid operators braced for near-record electricity demand Friday as triple-digit heat blanketed most of the state, sending power prices soaring. Demand on the power grid was expected to peak Continue Reading
Analysts said the recent decline in gas prices is likely to be short-lived. The price of gasoline in the U.S. has fallen for 24 consecutive days after hitting a record Continue Reading
U.S. President Joe Biden signed a new weapons package worth up to $400 million for Ukraine on Friday, including four additional high mobility artillery rocket systems (HIMARS) and more ammunition. Continue Reading
Scott Lindberg’s dream of becoming a petroleum engineer was fueled by childhood drives through Texas oil country with his energy-consultant father, passing pumpjacks and pipeline hubs that kept the world’s Continue Reading
