More Americans are beginning to hold off on booking flights, getting haircuts, building backyard pools and replacing old leaky roofs — in some of the new signs that the consumer Continue Reading
Power demand in Texas hit a new all-time high on Thursday and will likely break that record on Friday and Monday as homes and businesses keep air conditioners cranked up Continue Reading
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product growth to slow to almost Continue Reading
Waiving a century-old shipping law to let foreign-flagged vessels transport fuel between US ports — a favorite talking point of a US refinery sector trying to get the White House Continue Reading
The signs are growing that there could be a significant heat wave across the South, Southeast and Mid-Atlantic next week, with tropical humidity and highs 10 to 20 degrees Fahrenheit Continue Reading
White House is said to be considering limits on fuel exports. Limiting fuel exports is a politically sensitive decision. Fuel exports have been named as one of the factors contributing Continue Reading
Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week Continue Reading
With no nuclear deal with Iran in sight, the United States Treasury has slapped additional sanctions on companies based in Iran, China and the UAE for enabling the export of Continue Reading
The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran’s petrochemicals, a step that may raise pressure Continue Reading
Robust demand from Latin America is set to lift US Gulf Coast fuel exports to new heights this month, hampering efforts to build up national inventories amid soaring prices. Waterborne Continue Reading
