Chevron-Chartered Tanker Docks at Venezuela to Load Oil After New US License

A Chevron-chartered tanker docked at Venezuelan state company PDVSA’s Jose terminal on Tuesday, positioning it to be the first to export crude to the United States under a new license Chevron received in July, LSEG tracking data showed. The U.S. Treasury Department late last month authorized Chevron to operate in the sanctioned OPEC nation again, …

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US Natgas Output and Demand to Hit Record Highs in 2025, Before Sliding in 2026, EIA Says

U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 106.4 bcfd in 2025 …

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US Natural Gas Futures Slide 3% to eight-Month Low on Near-Record Output and Cooler Weather

U.S. natural gas futures slid about 3% to an eight-month low on Tuesday on near-record output, ample supplies of the fuel in storage and forecasts of cooler weather and lower demand than previously expected through late August. The price decline was accompanied by a drop in daily gas flows to liquefied natural gas export plants …

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