(Reuters) – U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau are scheduled to a speak on Wednesday, a day after Trump’s new 25% tariffs on imports from Mexico and Canada took effect, according to a source with knowledge of the matter. The tariff moves, which could upend nearly $2.2 trillion in annual trade, …
Trump, Trudeau Set to Speak on Wednesday Amid Tariff Battle, Source Says Read More »
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 28, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.6 million barrels to 433.8 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 341,000-barrel rise. Crude …
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIA Read More »
(Reuters) – U.S. natural gas futures edged up to a fresh 26-month high on Wednesday on record flows to liquefied natural gas export (LNG) plants and forecasts for higher demand this week than previously expected. Traders said prices also gained support on worries gas exports from Canada to the U.S. could decline due to U.S. …
US Natgas Prices Hit Fresh 26-Month High on Canada Tariffs Worries, Record LNG Flows Read More »
McDermott installed about 40 miles of pipelines and connections to Shell’s Whale platform.
By Gavin Maguire LITTLETON, Colorado, March 5 (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling …
Key US Energy Data Trends to Track as Tariffs Kick In Read More »
Golden Pass LNG will become the ninth U.S. LNG export facility following the U.S. Department of Energy’s approval for an extension of its non-free trade agreement permit.
Economics and policy are impacting the pace of carbon capture and storage project growth in the U.S. but some companies are pressing ahead.
Is OPEC’s iron grip on the oil markets a thing of the past? Events over the last 24 hours suggest power in the oil market has shifted to Washington from Riyadh – in part because of U.S. President Donald Trump and in part because of longer-term shifts. Trump on Tuesday announced 25% tariffs on imports …
Liberty Energy Inc. said March 5 it had purchased IMG Energy Solutions as the company expands its mobile power business.
President Trump defended his tariff plan, saying it would raise “trillions and trillions” in revenue and rebalance trading relationships, despite acknowledging it may cause economic pain. Summary by Bloomberg AI Trump’s speech focused on issues like transgender rights, migrant crime, and diversity, equity, and inclusion, with relatively little discussion of …
Congress Address Summary – Trump Hails Tariffs as US Economy Barrels Into Trade Wars Read More »
