Output in Texas. the nation'.s largest gas producer. increased 1.5 percent in June to 23.9 bcfd.
Read More »U.S. Sells 11 mil. Barrels of Oil Reserves to Exxon. 5 Others
Sale of the oil from the reserve was mandated by previous laws to fund the federal government and to fund a drug program.
Read More »Japan Still Seeks Exemption from US Boycott for Iran Oil
Tokyo has asked Washington to exempt Japan from the embargo.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »Markets are Tighten on Iran-US Tensions
Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.
Read More »Oil to See Monthly Gain due to Escalating Supply Risks
U.S. prices have been supported by a drop in crude inventories.
Read More »US Oil Rig Count Rise
U.S. crude oil production in 2018 is expected to rise 1.31 million barrels per day.
Read More »US Argues that Iran Sanctions are Legal
Tensions between the U.S. and Iran spiked earlier this year when President Trump pulled the U.S. out of the 2015 Iran nuclear pact.
Read More »U.S. Energy Companies Angry about Rejected Steel Tariff Exemptions
The Trump administration recently said it would double tariffs on steel from Turkey.
Read More »Trump`s New NAFTA Deal
Both the Mexicans and the Americans have been eager to reach a fully revised deal by the end of August.
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