(Reuters) – U.S. exports of liquefied natural gas rose to an all-time high in March as plants ran above nameplate capacity and new units started up, preliminary data from financial firm LSEG showed. Shipments to Asia more than doubled from the previous month amid the ongoing conflict in the Middle East that has roiled energy …
US LNG Exports Break Record High as Middle East War Disrupts Global Supply Read More »
(Reuters) – China will at one point have to engage more directly on how to restore oil traffic flows in the Strait of Hormuz because the number of vessels it has going through is probably insufficient, France’s navy chief said on Wednesday. “We have not seen China’s navy step in to reopen the strait. On …
French Navy Chief Says China Will Have to Engage More in Strait of Hormuz Discussion Read More »
(Reuters) – Oil tanker availability along the U.S. Gulf Coast has dropped sharply in recent weeks, as Asian and European refiners cut off from Middle Eastern supply have been snapping up vessels to import oil and fuel from the United States, shipping analysts and traders said. The Iran war has stalled tanker movements through the …
US Gulf Coast Tanker Market Tightens as Asia Seeks to Replace Lost Supply Read More »
(Reuters) – The United States will be “out of Iran pretty quickly” and could return for “spot hits” if needed, President Donald Trump told Reuters on Wednesday, hours before he was scheduled to make a primetime address to the nation. Trump also said he would express his disgust with NATO for what he considers the …
US to Leave Iran ‘Pretty Quickly’ and Return if Needed, Trump Tells Reuters Read More »
(Reuters) – Iran’s new leader has just asked the United States for a ceasefire, U.S. President Donald Trump said in a Truth Social post on Wednesday. “We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion,” he said. Reporting by Susan Heavey, writing by David Ljunggren, …
Trump Says Iranian Leader Has Asked for a Ceasefire Read More »
President lashes out at allies for not supporting the war in Iran By Magan Crane and Jack Wittels United States President Donald Trump lashed out at allies for not supporting the U.S. war in Iran, arguing Washington will not fight for their interests as they struggle to get jet fuel with the Strait of Hormuz …
Trump Tells Allies to Fight for Jet Fuel or Buy From the U.S. Read More »
Despite remarks that Trump wants to repatriate automakers, Hoekstra said Canada was not a top concern for U.S. officials By Thomas Seal The United States won’t allow Chinese electric cars from Canada to enter its market, President Donald Trump’s ambassador in Ottawa said, after a January deal in which Prime Minister Mark Carney lowered tariffs …
Chinese Cars Can’t Cross From Canada to U.S., Trump’s Envoy Says Read More »
Summary Barkin sees no major shift yet in consumer spending or inflation expectations Fed officials remain cautious, awaiting clarity on oil price impact before policy changes Retailers face consumer pushback on prices, while service firms retain more pricing power (Reuters) – Businesses continue to act as if high oil prices will prove only a short-term …
FED’S BARKIN: Households, Firms Still See Oil Shock Through a “Short-Term Lens” Read More »
Summary Shell seeks access to as much as 20 tcf of Venezuelan gas Chevron expected to relinquish stakes, which would be re-offered Russian-held stakes in two offshore fields remain a hurdle HOUSTON, April 1 (Reuters) – Shell is in advanced talks with Venezuela’s government to develop four large areas near Trinidad and Tobago, in two of …
Shell in Advanced Talks with Venezuela for More Gas Areas, Sources Say Read More »
U.S. and Canadian stock markets rallied on Tuesday as financial markets seized on a couple of tenuous signals for hope about a possible end to the Iran war. The S&P/TSX composite index was up 833.10 points at 32,768.04. In New York, the Dow Jones industrial average was up 1,125.37 points at 46,341.51. The S&P 500 …
U.S. & Canadian Markets Soar Amid Hopes for End to Iran War Read More »
