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Goldman Sachs Sees Downside Risk to Oil Price View Amid Tariffs, Spare Capacity

(Reuters) – Tariff escalation and high spare capacity skew medium-term risks to Goldman Sachs’ oil price forecast to the downside, the bank said. “While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pricing of volatility and of the upside …

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Trump to Host Top US Oil Chief Executives as Trade Wars Loom

Summary Trump to meet with top oil CEOs in closed-door meeting Industry concerned about falling oil prices, looming trade wars Meeting will mark Trump’s first sit-down with oil and gas leaders since return to White House (Reuters) – U.S. President Donald Trump will host top oil executives at the White House on Wednesday as he charts …

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COMMENTARY: America Will Lose If the EU and China Become Energy Buddies – David Fickling

Fossil exporters’ status will dwindle from the shift to clean power. By David Fickling The electrons coursing through our grids, turbines and engines are invisible to the human eye, but without them, all the machinery that powers our industrial economy would grind to a halt. Unseen flows of energy drive international relations, too. What’s often …

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US Court Revises Energy Regulator’s Order for NextDecade’s Texas LNG Facility

March 18 (Reuters) – Energy company NextDecade (NEXT.O) said on Tuesday that the U.S. Court of Appeals for the District of Columbia had revised its August 2024 judgment against the energy regulator’s order allowing the construction of the company’s LNG project in Texas. NextDecade’s flagship facility has been in development for several years and has …

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