(Reuters) – US President Donald Trump said on Friday there would be “big news” on diesel, as prices of that fuel remain at near record highs in the weeks before Nov. 3 congressional elections that will determine control of Congress. “We have a big announcement coming up on diesel,” Trump said without elaborating at a …
EnergyNow Morning Oil Price Report Report Date & Time: October 9, 2026 – 5:30 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$90.63 per barrel, down US$0.86, or 0.94%, from Thursday’s official settlement of US$91.49. Oil is moderately lower as renewed diplomatic discussions between Washington and Tehran …
(Reuters) – The US natural gas market is expected to see supply growth outpace demand this winter despite rising LNG exports, the Natural Gas Supply Association, an industry group, said in its winter outlook on Thursday. US dry gas production is expected to average 112.5 billion cubic feet per day (bcf/d) this winter, up roughly …
US Natural Gas Supply Growth to Outpace Demand This Winter, NGSA Says Read More »
(Reuters) – US Gulf of Mexico oil and gas producers have shut in about 62.89% of current oil production and 57.35% of current natural gas production as of Thursday, according to the Marine Minerals Administration, as operators continued to respond to Hurricane Isaias. The agency said personnel had been evacuated from 121 production platforms, representing …
About 63% of US Gulf Oil Production Shut in Ahead of Isaias, US Agency Says Read More »
(Reuters) – US President Donald Trump said on Thursday the United States is having productive discussions with Iran and will not launch an attack on the country before US midterm congressional elections in November. “We are having productive discussions with the Islamic Republic of Iran,” Trump wrote in a post on Truth Social. He said …
Trump Says US Will Not Attack Iran Before Midterm Elections in November Read More »
High-margin, oil-weighted production and significant Tier 1 inventory adjacent to existing operations Attractive acquisition returns and meaningful accretion across all key metrics Devon-owned minerals add significant scale and increased operatorship to Crescent Royalties HOUSTON–(BUSINESS WIRE)–Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that it has entered into a definitive agreement to acquire …
(Reuters) – Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran issued new warnings it would block routes that it has not authorized, sources said. Last week already saw the biggest number of attacks on tankers in the key waterway …
Attack Risks Rise for Tankers as Iran Vows to Block More Hormuz Routes Read More »
By Mikhail Flores, Nestor Corrales and Sudarshan Varadhan Philippines to create national oil reserve by end of 2027, Garin says ASEAN members target 30% renewables in primary energy supply and 45% in installed capacity Southeast Asia took 80% of oil shipped through Strait of Hormuz before Iran war MANILA, Oct 8 (Reuters) – Asian countries …
Asia Races to Stockpile Oil, Speed Up Renewables in Response to Iran War Read More »
Damages hearing is expected in 2027 or 2028, with any final award capped at $170 million Only outstanding arbitration is with Poland’s Orlen and resolution s expected by end of year One of three ICC tribunal arbitrators dissented, Venture Global says Oct 8 (Reuters) – Venture Global (VG.N) said on Thursday an arbitration tribunal found …
Venture Global Breached LNG Supply Deal With Galp, Tribunal Rules Read More »
By Kavya Balaraman Oct 8 (Reuters) – Technology companies and utilities are increasingly exploring ways to make power-hungry data centers more flexible in when and how they consume electricity, helping ease the strain on US power grids as AI-driven demand surges. The strategy, called “demand response”, involves data centers temporarily reducing or shifting electricity use …
