Oh…Happy Liberation Week! I think I finally understand what Liberation Day stood for. The liberation of all of my savings from me. Hooray! I didn’t want it anyway… Now, on to our regularly scheduled programming. Yesterday the API reported that crude oil and refined products both saw a net draw on stock levels, showing a …
US Crude Oil and Refined Product Inventory Update – William Lacey Read More »
Soluna Holdings’ data center project, called Project Hedy, will be developed in two 60-MW phases in Texas and co-located with a wind farm.
(Reuters) – U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy Information Administration said on Wednesday. Crude inventories rose by 2.6 million barrels to 442.3 million barrels in the week ended April 4, the EIA said, compared …
US Crude Stockpiles Rise as Exports Hit Jan Lows, EIA Data Shows Read More »
(Reuters) – A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said. Brent crude and West Texas Intermediate (WTI) futures slid to their …
US Producers Face Tough Choices on Growth, Capital Returns as Oil Falls Below $60 Read More »
Hydrogen is one way to reduce emissions when used in place of higher-emissions fossil fuel sources where feasible, but costs and infrastructure pose challenges.
Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. natural gas production and 500 barrels per day of U.S. natural gas liquids production in the first quarter in response to weak prices. In January, APA said it reduced production by about 23,500 barrels of oil …
APA Curtails US Natgas and NGL Production in First Quarter on Weak Prices Read More »
US shale oil producers are feeling aggrieved due to President Trump’s trade war, which has led to a market rout and plummeting oil prices. Summary by Bloomberg AI The industry, which heavily supported Trump’s election campaign, is in shock over the rapid decline in oil prices, with many executives expressing frustration and alarm. Summary by …
Texas Wildcatters Grow Impatient With Trump as Oil Prices Tank Read More »
Global markets were pummelled on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds were fleeing U.S. assets. This week has brought crisis-era volatility to markets, wiping off trillions of dollars in value from stocks and hitting commodities and emerging …
US Bonds, Dollar Battered as ‘Sell America’ Trade Heats Up Read More »
Russia, the world’s second biggest oil exporter, said on Wednesday that Ukraine continued to strike Russian energy infrastructure on a daily basis, in violation of a U.S.-brokered 30-day moratorium on strikes on energy infrastructure. Ukraine and Russia agreed on March 18 to stop attacking each other’s energy facilities, although President Vladimir Putin declined to endorse …
Russia Says Ukraine Continues to Strike Energy Infrastructure Daily Despite Moratorium Read More »
Qube Technologies’ EPA-approved Continuous Monitoring Solution helps operators detect leaks in real time, enabling faster repairs and fewer manual inspections.
