By API – American Petroleum Institute Diesel prices are under pressure as a global refining crisis has reduced fuel supplies and left little spare capacity to replace lost barrels. As Washington looks for short-term relief, one proposal gained attention last week: banning or restricting U.S. diesel exports. Analysts, economists and industry voices warned it could make …
By Shruti Srivastava India’s Prime Minister Narendra Modi and US President Donald Trump discussed cooperation on defense, trade, energy, and critical technologies in their first phone call since June, according to a statement by the Indian government. The two leaders, who last met on the sidelines of a Group of Seven summit three months ago, …
Trump, Modi Discuss Trade, Energy Ties as New Tariffs Loom Read More »
By Michael Hytha and Dani Burger The Trump administration’s cancellation of climate initiatives and the artificial intelligence boom have combined to create a private investment opportunity for clean energy. Power-hungry data centers are under increasing pressure to secure their own power supplies and are turning to climate-friendly sources, with solar and battery storage accounting for …
Clean Energy Set for Private Investment Surge With AI Build-Out Read More »
By Pooja Menon Oct 1 (Reuters) – ConocoPhillips (COP.N) is evaluating a potential sale of its Norway business and the Teesside asset in the UK after receiving an unsolicited offer, the US oil and gas producer said on Thursday. The company did not disclose the identity of the potential buyer or provide any financial details …
ConocoPhillips Explores Sale of Norway Business and UK Teesside Asset Read More »
By Jan Strupczewski More than two-thirds of €17.9 billion support not targeted Commission urges nations to invest in power grids and tax electricity less than gas Euro zone growth likely beats 0.9% this year, Commission says BRUSSELS, Oct 1 (Reuters) – European Union governments spent €17.9 billion this year to cushion the effects of more …
EU Governments Spent €18 Billion in 2026 to Cushion Energy Price Jump Read More »
By Marianna Parraga and Mircely Guanipa Shipments to US rose to 629,000 bpd from 553,000 bpd Exports to India and Europe fell from August levels Crude inventories at Jose showed a modest drain from higher levels earlier Oct 1 (Reuters) – Venezuela’s oil exports declined almost 9% to 1.08 million barrels per day in September …
Venezuela’s Oil Exports Down in September Amid High Freight Rates, Data Show Read More »
(Reuters) – Canada will fast track the approval process for a new proposed crude oil export pipeline to its west coast that could generate over C$20 billion ($14 billion) a year in GDP, Prime Minister Mark Carney said on Thursday. The pipeline, which was announced in July, is a crucial part of Carney’s bid to …
Canada to Fast Track Oil Pipeline Designed to Diversify Economy Away From US Read More »
(Reuters) – Wednesday closed the books on an extraordinary quarter. A 40% rebound in Brent crude oil, record-high diesel prices, bond yields at 20-year highs and AI’s threat to wipe out humanity gave investors no shortage of reasons to retrench. Yet faced with that formidable wall of worry, US and world stocks still scaled fresh …
If a Bruising Third Quarter Can’t Halt Wall Street, What Can?: McGeever Read More »
LONDON & WASHINGTON–(BUSINESS WIRE)–MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced the conclusion of its 2026 equity capital raise, securing more than $4 billion of closed and pending commitments over the last 12 months from new strategic and institutional investors, as well as significant …
EnergyNow Morning Oil Price Report Report Date & Time: October 1, 2026 – 5:29 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$92.48 per barrel, up US$2.06, or 2.28%, from Wednesday’s official US$90.42 settlement. Oil is sharply higher after Chinese refiners suspended most October fuel exports, adding …
