Tag Archives: United States of America

US President Donald Trump’s tariffs on imports from Canada and Mexico threaten to disrupt North America’s tightly integrated oil market and push up gasoline prices for American motorists. Trump on Saturday signed orders implementing a levy of 10% on imports of Canadian energy, along with general levies of 25% on …

Goldman Sachs analysts predict Brent crude prices could temporarily surge to $93 per barrel if sanctions successfully curb oil exports from Iran and Russia by a combined 1 million barrels per day (bpd). In a note shared by Zerohedge on X, the bank outlined a scenario where Iran faces persistent …

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in each of the two weeks prior. The total rig count rose by six rigs, to 582, according …

A number of grid operators and utilities in the United States are planning billions of U.S. dollars worth of investments in power transmission lines and networks as American electricity demand rises after two decades of stagnation. The advancements in AI and the surge in electricity demand for powering and cooling …

Trade in Russian crude loading for Asia in March has come to a screeching halt as tanker rates are soaring and shippers are scrambling for non-sanctioned vessels following the latest U.S. sanctions on Russia’s oil supply, Reuters reports, citing shipping data and trade sources. The Biden Administration’s farewell sanctions on …

President Donald Trump has been busy reversing the Biden administration’s so-called climate policies from the moment he was sworn in. He declared a national energy emergency, revoked the Biden ban on new LNG export capacity, and suspended some $300 billion in funding for transition projects in the country. With that, …

Donald Trump wants EU countries to buy more US-shipped gas. There are reasons for Europeans to consider taking the bait, but each comes at a price. At first glance, US supply and European demand for liquified natural gas seem like a match made in heaven. “We still get a lot …

In classic Trump fashion, the President declared at the World Economic Forum in Davos, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” These words, delivered with signature bravado, sent a warm glow through U.S. coal producers—along with a noticeable bump in their stock prices. …

The world’s biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the crude grade which is now part of the dated Brent benchmark, S&P Global Commodity Insights told Reuters. The Saudi oil giant, which is also the world’s biggest oil company, bought the …

JERA, the largest LNG buyer in Japan, plans to boost purchases from the United States to diversify its supply portfolio, a top company executive told Reuters on Friday. Japan, the world’s second-largest LNG importer after China, is looking to increase its energy security with diverse sources of supply and could …