President Donald Trump predicted on Saturday that the US and Cuba will reach an agreement and that he does not think military action will be necessary. “I would say that Cuba and us will make a deal. I don’t think we’ll need the military,” Trump told reporters at the White House. The Trump administration …
Oil producer Saudi Aramco has hired Evercore to advise on a restructuring that would create a standalone gas division and open the door to a potential future listing of the unit, Bloomberg News reported on Saturday, citing people familiar with the matter. Boston Consulting Group also advised Aramco to split off its gas operations in …
Saudi Aramco is Working with Evercore on Gas Unit Plans, Bloomberg News Reports Read More »
* Trump rejects Iran’s proposal for reopening Hormuz * Iran says reopening Hormuz hinges on conditions being met and negotiated solution * Senior Iranian official says Tehran shows no flexibility on nuclear program By Trevor Hunnicutt, Yomna Ehab and Menna Alaa El-Din (Reuters) – Iran on Sunday insisted that only diplomacy can solve its conflict …
Venezuela’s interim President Delcy Rodriguez arrived in New York last week for the UN General Assembly seeking business deals on debt, energy and mining, to demonstrate the once sanctioned country was open for business again after US forces removed her predecessor in January. She pledged in her speech before the UN that the South American …
EnergyNow Friday Oil Price Report Report Date & Time: September 25, 2026 – 2:59 p.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude settled Friday at US$92.41 per barrel, down US$2.20, or 2.33%, from Thursday’s US$94.61 settlement. Compared with last Friday’s US$100.30 close, WTI fell US$7.89, or 7.87%, for the …
By Iain Boekhoff A majority of voters in energy-rich Alberta favor staying in Canada rather than seceding from the country, a new poll finds, as the province prepares for a referendum on the matter. Albertans will cast a ballot Oct. 19 on whether they support beginning a separation process. In a poll for the Canadian …
Majority of Voters in Energy-Rich Alberta Favor Staying in Canada Weeks Before Vote Read More »
By Kate Abnett BRUSSELS, Sept 25 (Reuters) – The European Union is facing an energy price crisis as fallout from the Iran war roils oil and gas markets, the bloc’s energy chief said on Friday in a letter seen by Reuters that urged countries to consider measures to curb natural gas demand. “We are facing …
EU Warns of Energy Price Crisis, Asks Countries to Consider Curbing Demand, Letter Shows Read More »
By Georgina Mccartney WTI trades at $12.02 a barrel below Brent, widest discount since May 6 Analysts say diesel export ban could cut US refinery crude runs by 12% US energy secretary gauges refiners’ support for voluntary export restraint, sources say HOUSTON, Sept 25 (Reuters) – Washington’s talk of a possible ban on diesel exports …
Talk of US Export Ban on Diesel Deepens US Crude Futures’ Discount to Global Benchmark Read More »
Dozens of companies are developing the next wave of nuclear technology, based on new designs By Will Wade and Rebecca Torrence Investors have poured US$4.6 billion into United States nuclear startups so far this year, up from US$3.8 billion raised in 2025, according to Crunchbase. They’re betting that deep-pocketed tech firms desperate for power will …
AI’s Nuclear Power Push Runs Into Cost and Regulatory Hurdles Read More »
(Reuters) – The Iran conflict has put a spotlight on the somewhat murky world of refined fuel trading as the world battles constrained supply and record-high prices. But it is AI that may bring the trading of diesel, gasoline and other products out of the shadows for good. While crude oil trading practices have been …
