Summary • Brent, WTI sink by 6% • Trump to impose 10% minimum tariff on most import goods • Imports of oil, gas, refined products exempted from new tariffs • OPEC+ to bring back more oil to market in May than previously planned LONDON, April 3 (Reuters) – Oil prices fell 6% on Thursday as …
Oil Slumps 6% on Trump Tariffs, OPEC+ Speeding up Output Hikes Read More »
Summary Oil, gas exempt from Trump’s import tariffs US remains dominant in global energy markets Countries may increase US energy purchases to offset tariffs LONDON, April 3 – President Donald Trump’s reveal of sweeping import tariffs further darkened the outlook for the global economy and left many questions unanswered. But amid all the policy fog, …
Oil and Gas Got Off Easy on Trump’s Liberation Day Read More »
U.S. President Donald Trump announced a slew of reciprocal tariffs on trading partners on Wednesday, the latest in a series of extensive duties imposed since his return to the White House earlier this year. The U.S. will now impose a 10% baseline tariff on all imports to the country effective April 5 and higher duties …
US Businesses Brace for More Pain as Trump Rolls Out Reciprocal Tariffs Read More »
Midstream company Northwind Midstream expects to see treatment demand rise in Lea County, New Mexico, as Tier 1 plays mature and E&Ps look elsewhere to expand.
Midstream company Northwind Midstream expects to see treatment demand rise in Lea County, New Mexico, as Tier 1 plays mature and E&Ps look elsewhere to expand.
Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have been excluded. The baseline of 10% on all imports to the United States, and higher for many major trading partners, won’t apply to crude oil, natural gas and refined products, the White House said on Wednesday. …
Trump’s Tariffs Already Have a Major Carve-Out – Oil and Gas Read More »
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Midstream company Boardwalk Pipeline is holding an open season for future new capacity on the Texas Gas Transmission pipeline.
Matt Crocker will succeed Karen T. McKee as vice president of Exxon Mobil and president of its product solutions company.
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.
