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Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Oil prices hold near six-month high Strait of Hormuz supply risk fears US Supreme Court decision on tariffs has little effect on crude Traders and investors bet on rising prices: Saxo Bank (Reuters) – Brent crude prices rose in late-day short-covering on Friday as investors worried about U.S. military action, as President Donald Trump …

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Oil Heads for First Weekly Gain in Three as US-Iran Tensions Rise

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Oil prices hold near six-month high Strait of Hormuz supply risk in focus Traders and investors bet on rising prices: Saxo Bank (Reuters) – Oil prices traded near six-month highs on Friday, poised for their first weekly gain in three weeks on growing concern over potential conflict after Washington said Tehran will suffer if it …

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Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine Talks

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling Iran, US reach understanding on main ‘guiding principles’ in nuclear talks Eurasia Group sees 65% chance of US strikes on Iran by April Iran and Russia to conduct navy drill on Thursday, Fars news agency reports (Reuters) – Oil prices gained nearly 3% …

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Oil Prices Little Changed Ahead of US – Iran Nuclear Talks

Conventional Energy, Latest, Oil, Tri-Pinned / By

Summary US, Iran officials due to meet in Geneva on Tuesday Iran says energy, mining and aircraft deals on table in US talks OPEC+ leans toward resuming output hikes from April, sources say LONDON, Feb 16 (Reuters) – Oil prices were little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks …

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Oil Prices Settle Slightly Higher as Optimism Around US Inflation Data Outweighs OPEC Supply Concerns

Conventional Energy, Latest, Oil, Tri-Pinned / By

Summary US CPI data suggests potential for further rate cuts, boosting risk appetite OPEC+ may resume oil output increases from April, impacting summer fuel demand Russia says next Ukraine peace talks set for next week Investors watch for US-Iran talks, easing Venezuelan sanctions HOUSTON, Feb 13 (Reuters) – Oil prices settled marginally higher on Friday …

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Oil Prices Set for Another Weekly Decline as Iran Risks Recede

Conventional Energy, Latest, Tri-Pinned, US News / By

  Summary Trump says US could conclude Iran deal over the next month Venezuelan oil supply expected to ramp up, says analyst IEA lowers global oil demand forecasts for this year Kremlin says next Ukraine peace talks set for next week (Reuters) – Oil prices edged higher on Friday but were on track for a …

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Oil Prices Rise on U.S.-Iran Tensions; Broader Selloff Caps Gains

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Investors monitor Washington-Tehran developments Drone attack and tanker incident in focus Prices also supported by US inventory draw (Reuters) – Oil prices rose on Wednesday after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel, rekindling fears of an escalation between Washington and Tehran ahead of planned talks. …

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Oil Field Vendor Nine Files Bankruptcy to Cut $320 Million Debt

Latest, Tri-Pinned, US News / By

By Dorothy Ma Nine Energy Service Inc., a Houston-based oil field vendor, filed for Chapter 11 bankruptcy on Sunday as it struggled with high leverage and a shrinking business amid a slowdown in drilling programs. The deal will see a “complete equitization” of its $320 million first-lien notes due 2028, according to . The company …

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Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, Tri-Pinned, US News / By

  Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world’s largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy’s Virginia territory, up from $200 per …

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Oil Slips as Trump Tones Down Threats Against Greenland and Iran

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Trump steps back from tariff threats over Greenland IEA revises up forecasts for 2026 global oil demand growth US crude stocks up by 3.04 million barrels last week, API says (Reuters) – Oil prices slipped on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply …

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