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Oil Extends Pullback as Saudi Export Workaround Eases Supply Fears, but WTI Holds Above $100

EnergyNow Morning Oil Price Report Report Date & Time: September 17, 2026 – 5:32 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$101.34 per barrel, down US$1.09, or 1.06%, from Wednesday’s official US$102.43 settlement. Oil is lower for a second session as additional Saudi crude shipments through …

Oil Extends Pullback as Saudi Export Workaround Eases Supply Fears, but WTI Holds Above $100 Read More »

Exxon Boosts 2030 LNG Sales Forecast on Strong Demand Growth

Takeaways by Bloomberg AI Exxon Mobil Corp. has raised its liquefied natural gas sales forecast, betting on robust long-term demand in Asia and beyond. The company expects its annual LNG sales to reach 50 million tons by 2030 and to keep rising beyond the current decade in line with market growth. Exxon remains bullish about …

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Oil Ends Above $100 Despite Friday Pullback as Middle East Supply Crisis Drives Big Weekly Gain

EnergyNow Friday Oil Price Report Report Date & Time: September 11, 2026 – 3:02 p.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude finished Friday at US$100.05 per barrel, down US$2.43, or 2.37%, from Thursday’s US$102.48 settlement. Despite Friday’s decline, WTI gained US$8.57, or 9.37%, for the week, finishing above …

Oil Ends Above $100 Despite Friday Pullback as Middle East Supply Crisis Drives Big Weekly Gain Read More »

Oil Price Uncertainty as Negotiations Continue

Summary Brent heads for weekly loss of more than 8% Cargo vessels could face fees under Iran draft plan Drone attacks reduce July CPC oil loadings by a fifth, sources say (Reuters) – Brent crude oil climbed more than $1 a barrel on Friday ​over ongoing uncertainty about the negotiations in progress that determine control …

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Oil Prices Drop as Investors Weigh Potential Hormuz Deal Between Iran, Gulf States

Summary Benchmarks head for weekly losses of about 9% Cargo vessels could face fees under Iran draft plan US non-farm payrolls report due on Friday (Reuters) – Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of ‌Hormuz under …

Oil Prices Drop as Investors Weigh Potential Hormuz Deal Between Iran, Gulf States Read More »

REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise

by EnergyNow Guest Columnist President Donald Trump has repeatedly claimed that the United States does not need Canadian energy. Ahead of his May 6, 2025, meeting with Prime Minister Mark Carney, Trump wrote that the United States did not need Canada’s energy, automobiles or lumber and questioned why America should continue buying those products. It …

REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise Read More »

US Oil Exports in July Fall to Lowest Level in Eight Months, Data Shows

Summary Share of crude exports to Asia shrinks to 40% in July from 52% in June US refinery utilization averages about 96.3%, highest since 2018, EIA data shows August, September export volumes should top 4 million barrels per day, analyst says HOUSTON, Aug 3 (Reuters) – U.S. oil exports in July fell to 3.66 ​million …

US Oil Exports in July Fall to Lowest Level in Eight Months, Data Shows Read More »

Oil Prices Drop After Trump Cancels Attack on Iran to Seek Nuclear Deal

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal Summary Trump says US will hold off fresh Iran attack to reach quick deal OPEC+ agrees September oil output hike Brent and WTI jumped more than 20% last month Two tankers with Saudi crude left ​Red Sea over the weekend, data shows …

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Oil Prices Settle More Than 1% Higher, Log Strongest Month Since March

Summary Brent up 24% in July, WTI rises 21% Two very large crude carriers exit Strait of Hormuz Twenty-nine commodity vessels transited Bab el-Mandeb strait on Thursday Reuters poll says Brent crude to average $85.22 per barrel in 2026 (Reuters) – Oil prices closed more than $1 per barrel higher ​on Friday, ending July with …

Oil Prices Settle More Than 1% Higher, Log Strongest Month Since March Read More »

Oil Steady as Traders Assess Shipping Flows; Monthly Gains in Sight

Summary Brent and WTI on track for monthly rises Two VLCCs exit Strait of Hormuz, Bab el-Mandeb sees 29 commodity vessels transit ADNOC buys tankers as Red Sea, Hormuz crisis reshape oil ​trade Ukraine’s military says it hit Russia’s Volgograd oil refinery July 31 (Reuters) – Oil prices were steady on ‌Friday and on track …

Oil Steady as Traders Assess Shipping Flows; Monthly Gains in Sight Read More »