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TRUMP’S NEXT MOVES ON IRAN: Can He End the War After the Democrats’ Midterm Victory?

Conventional Energy, Latest, US News / By

EnergyNow Political Analysis | November 9, 2026 President Donald Trump’s latest comments about avoiding further military strikes against Iran suggest Washington may be moving toward a new phase of the conflict: negotiating an end to the war rather than pursuing additional military objectives. The November 3 midterm elections have changed the political environment, with Democrats …

TRUMP’S NEXT MOVES ON IRAN: Can He End the War After the Democrats’ Midterm Victory? Read More »

Iraq Secures U.S. Agreement to Resume Oil Exports Through Strait of Hormuz as War Losses Reach $60 Billion

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EnergyNow Media Iraq has reached an understanding with the United States to facilitate oil exports through the Strait of Hormuz, offering a potential breakthrough for global energy markets following months of disruptions caused by the Iran war. Iraqi Foreign Minister Fuad Hussein confirmed that an arrangement would allow Iraqi crude shipments to pass through a …

Iraq Secures U.S. Agreement to Resume Oil Exports Through Strait of Hormuz as War Losses Reach $60 Billion Read More »

IRAN STRIKES UNLIKELY: Trump Says He is Highly Unlikely to Order Iran Strikes if Talks Progress

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US President Donald Trump on Sunday said he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of Hormuz. “It depends on whether or not they sign a very strong agreement,” …

IRAN STRIKES UNLIKELY: Trump Says He is Highly Unlikely to Order Iran Strikes if Talks Progress Read More »

BP Says Whiting, Indiana Refinery Offered to Meet Union, Awaits Response

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BP on Friday said representatives from its 440,000-barrel-per-day oil refinery in Whiting, Indiana had offered to meet United Steelworkers Local 7-1 next week but had yet to receive confirmation from the union. “At our last negotiating session on Monday, October 26, BP again provided revised contract language to address union concerns. We had also expected …

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QatarEnergy Eyes NextDecade Train 6 Supply in Latest US LNG Push, Sources Say

Conventional Energy, Energy Topics & Technology, Latest, LNG, Mergers and Acquisitions, US News / By

By Curtis Williams and Marwa Rashad QatarEnergy in talks to buy LNG from Next Decade Company could purchase up to 2mtpa Volumes could come from Rio Grande Train 6 if it is greenlit HOUSTON/LONDON, Nov 6 (Reuters) – QatarEnergy is in advanced talks with NextDecade to buy up ‌to 2 million metric tons per annum …

QatarEnergy Eyes NextDecade Train 6 Supply in Latest US LNG Push, Sources Say Read More »

U.S. Rig Count Climbs to 604 as Oil and Natural Gas Drilling Edge Higher

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U.S. drilling activity increased slightly this week as producers added both oil and natural gas rigs, keeping the national fleet above 600 for a fifth consecutive week. The U.S. rig count rose by one to 604 for the week ended November 6, according to the latest Baker Hughes North America Rig Count Report. That leaves …

U.S. Rig Count Climbs to 604 as Oil and Natural Gas Drilling Edge Higher Read More »

As High Oil Prices Curb Demand, Fresh Signs of Glut Appear

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By Seher Dareen and Anushree Ashish Mukherjee JP Morgan sees global oil surplus at 1.4 million bpd in October Global oil stocks did not fall in September-October, Goldman says Brent swaps curve changes structure to suggest ample supply Brent futures curve still suggests tight prompt market LONDON, Nov 6 – The global oil market is …

As High Oil Prices Curb Demand, Fresh Signs of Glut Appear Read More »

Soaring Freight Rates Give US Refiners Edge as Crude Discounts Widen

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(Reuters) – The Iran conflict has sent tanker rates soaring, forcing sellers to deepen discounts on heavy crude grades and giving US Gulf Coast refiners a cost advantage over Asian rivals, executives said after reporting bumper third-quarter profits. Security threats around the Strait of Hormuz, a key maritime chokepoint through which about one-fifth of global …

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OIL PRICES FALL AGAIN as U.S. Election Results Fuel Hopes of Middle East Peace – WTI Below $90, Brent Near $98

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EnergyNow Morning Oil Price Report Report Date & Time: November 6, 2026 – 5:33 a.m. MST – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is lower at US$89.79 per barrel, down US$0.73, or 0.81%, from Thursday’s official settlement of US$90.52. Oil is retreating as expectations of Middle East de-escalation outweigh continuing …

OIL PRICES FALL AGAIN as U.S. Election Results Fuel Hopes of Middle East Peace – WTI Below $90, Brent Near $98 Read More »

Tankers Hit in Hormuz as Iran Keeps Up Pressure After US Vote

CDN and International News, Conventional Energy, Latest, LNG, Oil / By

(Reuters) – Iran reported three more tankers had been damaged in the Strait of Hormuz on Thursday, making clear that shipping would remain in peril as long as the war in the Gulf is unresolved, now that US voters have punished President Donald Trump for waging it. The electoral rout that cost Trump’s Republicans control …

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