mark

Oil Markets Take Risky Bet on Trump’s Threats on Russia, Iran: Bousso

By Ron Bousso Trump threatens secondary tariffs on Russia, Iran oil exports Tariffs on Venezuela have been effective Market struggles to price in Trump’s threats (Reuters) LONDON, April 1 – Oil diplomacy could become a hallmark of Donald Trump’s second term in office, if the last few weeks are any guide, but energy markets have …

Oil Markets Take Risky Bet on Trump’s Threats on Russia, Iran: Bousso Read More »

US LNG Exports Soar in March on Ramp Up of Plaquemines Plant

(Reuters) – The U.S. exported a record amount of liquefied natural gas (LNG) in March, selling more than 9 million metric tons (MT) of the superchilled gas, according to preliminary data from LSEG. The U.S. is already the world’s largest exporter of LNG and President Donald Trump has promised to unleash American energy by declaring …

US LNG Exports Soar in March on Ramp Up of Plaquemines Plant Read More »

Sempra to Sell Assets as Utilities Raise Money for AI Boom

Sempra plans to sell some natural gas assets, including a Mexican fuel distributor and a minority stake in its liquefied natural gas business, to “simplify the company’s portfolio” and support growth for its Texas and California utilities. Summary by Bloomberg AI The move is part of a trend among US power companies to raise capital …

Sempra to Sell Assets as Utilities Raise Money for AI Boom Read More »

Why Trump’s ‘Drill, Baby, Drill’ Is Not as Easy as It Seems

President Donald Trump promised on the campaign trail to lower energy costs for consumers by increasing US oil and gas production. He’s continued with that refrain in office. “As you’ve heard me say many times, we have more liquid gold under our feet than any nation on Earth,” he said during his address to a joint session …

Why Trump’s ‘Drill, Baby, Drill’ Is Not as Easy as It Seems Read More »

Oil Steadies as Market Weighs Tariffs, Sanctions

Summary • Market weighs near-term supply risks, tariff concerns • Reuters poll indicates lower U.S. crude inventories (Reuters) – Oil prices steadied near five-week highs on Tuesday as threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran countered worries about the impact of a trade war on global …

Oil Steadies as Market Weighs Tariffs, Sanctions Read More »