(Reuters) – The Iran conflict has put a spotlight on the somewhat murky world of refined fuel trading as the world battles constrained supply and record-high prices. But it is AI that may bring the trading of diesel, gasoline and other products out of the shadows for good. While crude oil trading practices have been …
(Reuters) – Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said. The increasing amount of Saudi exports this month requires more supertankers to …
Gulf of Oman Ship-to-Ship Oil Transfers Reach Limit as Saudi Exports Surge Read More »
Summary WTI trades at $12.02 a barrel below Brent, widest discount since May 6 Analysts say diesel export ban could cut US refinery crude runs by 12% US energy secretary gauges refiners’ support for voluntary export restraint, sources say HOUSTON, Sept 25 (Reuters) – Washington’s talk of a possible ban on diesel exports is …
EnergyNow Morning Oil Price Report Report Date & Time: September 25, 2026 – 5:28 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$92.93 per barrel, down US$1.68, or 1.78%, from Thursday’s official US$94.61 settlement. Oil is clearly lower this morning as markets focus on the possibility of …
Oil Retreats as U.S.-Iran Truce Hopes Offset Renewed Attacks on Saudi Arabia Read More »
(Reuters) – Phillips 66 is using artificial intelligence to predict outages within its refining systems, save on maintenance costs and increase crude processing, said Tandra Perkins, an executive vice president at the US refiner. “I need my systems up more than they’re down, being able to predict that obviously saves on maintenance costs,” Perkins said …
(Reuters) – US natural gas futures fell about 4.6% on Friday on forecasts for less demand next week than previously expected and a perception in the market that the problem with the Mountaineer Xpress pipe in West Virginia will be fixed relatively soon. On their second-to-last day as the front month, gas futures for October …
US Natgas Prices Fall 4.6% on Lower Demand Forecasts, Work on West Virginia Pipe Read More »
U.S. drilling activity increased for a third consecutive week as producers added both oil and natural gas rigs, pushing the national fleet to 599. The U.S. rig count rose by four to 599 for the week ended September 25, according to the latest Baker Hughes North America Rig Count Report. That is 50 rigs above …
U.S. Rig Count Climbs to 599 as Oil Drilling Leads Weekly Gain Read More »
By Ari Natter, Jennifer A Dlouhy, and Erik Wasson The Trump administration indicated that an offer to advance stalled wind and solar projects as part of negotiations with Democrats on legislation to speed energy permits could be taken off the table if they don’t swiftly agree to a deal. A White House official said Wednesday …
Trump Hints Solar, Wind Permitting Offer Could be Revoked Read More »
By Emma Haidar The US Energy Department plans to provide $1.9 billion to help fund 31 grid improvement projects across 26 states as part of a Trump administration’s push to fortify the US power networks. The funding is intended to be used help replace or rebuild more than 1,500 miles (2,400 km) of transmission lines …
US Energy Department Earmarks $1.9 Billion for Grid Projects in 26 States Read More »
(Reuters) – Bond markets came under renewed pressure on Thursday with US 30-year bond yields hitting a more than 20-year high as rising oil prices reignited concerns about higher inflation and more Federal Reserve interest rate hikes. Oil prices climbed about 3% to a one-week high after a Houthi missile attack on Saudi Arabia revived …
Oil Jump Sends 30-Year Yields to Two-Decade High Read More »
