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Reuters U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a row as pipeline constraints trap gas in the nation’s biggest oil-producing basin, forcing some energy firms to pay others to take gas associated with their …
US Natgas Prices at Waha Hub in Texas in Negative Territory for Record 12th Day Read More »
(Reuters) – President Donald Trump signed an executive order on Friday rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil, the White House said. Trump on Monday announced a trade deal with India that slashed U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian …
Trump Rescinds Punitive Tariff on India Over Purchases of Russian Oil Read More »
Summary Four-year deal includes 15% pay raise, $2,500 signing bonus USW sought 16% raise, Marathon firm on final offer Contract replaces current one, which was extended before February 1 expiration Union tells BP Indiana refinery employees to prep for strike, lockout (Reuters) – The U.S. United Steelworkers union adopted on Friday a national agreement on …
Union Agrees to US Refineries Contract, Averting Nationwide Strike Read More »
U.S. President Donald Trump and his advisers are planning an initiative to dominate the Venezuelan oil industry for years to come, and the president told aides he believes his efforts could help lower oil prices to $50 a barrel, the Wall Street Journal reported on Wednesday. A plan under consideration includes the U.S. exerting some …
A Canadian pipeline boss led a new report advising the Trump administration on how to more quickly build new oil and gas infrastructure in the United States amid a push north of the border to do the same. U.S. Energy Secretary Chris Wright requested …
Revenue from energy production on U.S. public lands and waters fell 11% in the latest fiscal year to $14.61 billion, the Interior Department said on Monday, citing lower prices for commodities like oil. WHY IT’S IMPORTANT The total was the lowest since 2021, the first year of the administration of U.S. President Joe Biden, but …
US Funds From Federal Energy Production Slid 11% in 2025 Read More »
Summary Fortune 100 companies send more people to Belem than to Baku Extreme weather hits supply chains, profits ‘A decisive role to play,’ says business group chief (Reuters) – Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists …
US Companies Hold the Line at Climate Talks Despite Trump Read More »
(Reuters) – Oil prices fell 1% on Wednesday, weighed down by oversupply in the market despite expectations that an end to the longest-ever U.S. government shutdown could boost oil demand. Brent crude futures slipped 66 cents, or 1%, to $64.50 a barrel by 1232 GMT after gaining 1.7% on Tuesday. U.S. West Texas Intermediate crude was down …
Oil Prices Fall as Oversupply Concerns Overshadow US Government Reopening Read More »
Canada’s Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt to deepen trade and security ties at a time when the North American country is struggling to lessen its overwhelming dependence on the U.S. and redefine its foreign policy in pursuit of new markets. Canadian government …
Canada’s Carney Visits Asia to Forge New Alliances and Reduce US Dependence Read More »
One of President Vladimir Putin’s top economic officials on Wednesday pushed back at U.S. President Donald Trump’s warning that the Russian economy was going to collapse amid lines for gasoline in some regions. Trump on Tuesday said that Putin should settle the Ukraine war which the 47th U.S. president said was making Russia look bad. …
Russia Pushes Back Against Trump Warning that the Russian Economy is Near Collapse Read More »
