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Tesla has boasted about its U.S. credentials, saying in a post on X that its models ‘are the most American-made cars’ Bloomberg News Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world and push up prices for United States consumers. Among the many losers, one winner stands out: Elon Musk’s Tesla …
Musk’s Tesla One of the Only Winners From Trump Auto Tariffs Read More »
Oilfield service providers will face modest hits to earnings from U.S. President Donald Trump’s decision to impose tariffs on steel imports, Liberty Energy Chief Executive Ron Gusek said on Thursday. Trump imposed 25% tariffs on steel and aluminum on March 12, and more could be coming April 2. A Dallas Federal Reserve survey on Wednesday …
Liberty Energy CEO Gusek Sees Modest Impact of Steel Tariffs on Oilfield Services Read More »
By Scott Disavino US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in March US gas inventories on track for unusual build in March March 27 (Reuters) – U.S. natural gas futures climbed about 2% on Thursday on a decline in daily output, record …
US NatGas Prices Climb 2% on Decline in Daily Output, Record LNG Flows Read More »
By Stephanie Kelly and Enes Tunagur Markets mixed on impact of Trump auto tariffs Tariffs on Venezuelan oil buyers still supporting prices Prices unlikely to return to early 2025 highs, some analysts say NEW YORK, March 27 (Reuters) – Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with …
Oil Approaches One-Month Highs as Investors Assess Supply, Trade War Risks Read More »
By Shariq Khan and David French VTX is one of few private operators of scale left in the Permian Vitol working with Jefferies to find potential buyers Deliberations at an early stage, deal is not guaranteed -sources VTX produces 46,000 boepd across two Texas counties NEW YORK, March 27 (Reuters) – Global commodities trader Vitol …
Exclusive: Energy Trader Vitol Eyes $3 Billion Sale of US Shale Producer, Sources Say Read More »
By Shariq Khan and Georgina Mccartney Slowest Permian oil output growth forecast since pandemic Permian slowdown in contrast to Trump’s ‘drill, baby, drill’ mantra Gas and water output rises as the field ages, increasing costs Gas-to-oil ratio rises as gas output up eight-fold in past decade Water-to-oil ratio already high at Permian’s core, even higher …
US Oil Producers Face New Challenges as Top Oilfield Flags Read More »
By Jarrett Renshaw Trump administration asks Big Oil and Farm Belt to come to a consensus on biofuel policy Two meetings held so far, with consensus to seek higher biomass-based diesel volumes Other key issues still under discussion NEW YORK, March 27 (Reuters) – U.S. President Donald Trump’s administration has asked oil and biofuels producers …
Trump Administration Tells Oil and Biofuels Groups to Hash Out New Biofuel Policy Read More »
President Donald Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would kick in next week. Details of the plan, set to upend autos trade and supply chains were still being made public by the administration on …
What’s in Trump’s New 25% Tariffs on US Auto Imports? Read More »
Britain’s competition regulator said on Thursday that oilfield services company SLB’s proposed $8 billion deal to buy smaller rival ChampionX could result in a substantial lessening of competition within the UK. The deal would be referred for an in-depth probe unless SLB and ChampionX offer remedial measures, UK’s Competition and Markets Authority (CMA) said, adding …
UK Antitrust Watchdog Says SLB-ChampionX Deal Could Lessen Competition Read More »
By Emma Sanchez Shale-oil executives assailed President Donald Trump’s trade policies in an anonymous survey, saying his barrage of tariffs were sowing confusion and undermining his goal to unleash America’s energy might. “The administration’s chaos is a disaster for the commodity markets,” one executive said in the report released Wednesday by the Federal Reserve Bank …
Shale-Oil Bosses Slam Trump’s Tariffs in Anonymous Survey Read More »
